The NSW Government announced today a change to its Significant Investor Visa (SIV) requirements to make it easier for applicants to seek NSW nomination and invest in a broader range of investments.
From 1 September 2014 visa holders are no longer required to hold $1.5 million of their $5 million investment in NSW Waratah Bonds. Applicants will still be required to invest the full $5 million in approved complying investments.
More information here.
