SIV program: The Great Wall of Frustration

There's about $5bn in investment dollars, mainly from China, that's waiting to be transferred into Australia but for our technology start-ups the windfall still seems illusory at best.

There are more than 1000 formal applications from wealthy Chinese for Significant Investor Visas sitting in Hong Kong with officials from the Australian Immigration department waiting for approval. It’s making Australian fund managers and migration agents cranky and for our aspiring technology start-ups the promised influx of capital still seems illusory at best.

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