Australia sees rush of Hong Kong millionaires amid unrest

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SYDNEY: Australia is seeing an increase in interest in its millionaires-only visa programme from wealthy Hong Kong residents, who are eyeing a ...

The interest has coincided with the"beginning of the current unrest in Hong Kong", the department said, referring to a A$5 million Significant Investor Visa programme that provides direct residency to applicants.

READ: 'Hong Kong has no future like this': Singaporeans living in Hong Kong share their concerns about escalating protests The SIV programme used to be hugely popular with people from China, though recent strict investment requirements have somewhat dented its appeal. Data on applications received or visas granted in recent months was not available as Australia publishes these figures only annually.

 

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