Australia’s visa overhaul leaves Chinese millionaires in limbo ...Middle East

Daily Sun - News
Australia’s visa overhaul leaves Chinese millionaires in limbo
SYDNEY: In 2018 Paul Wang left his home in Beijing to start a new life in Australia, investing A$1 million ($680,000) in a food processing business in the hopes of qualifying for permanent residency under the country’s investment visa scheme.Five years on, his hopes for his family of three remain on hold as the government has put the controversial “Golden Visa” programme on the back burner, causing processing times to blow out, leaving wealthy migrants like Wang in limbo.“We were not expecting it would take this long,“ said Wang, 44. “And our life is a mess because of that. We simply cannot plan ahead with all of the uncertainty.”When Australia introduced the Business Innovation and Investme

Hence then, the article about australia s visa overhaul leaves chinese millionaires in limbo was published today ( ) and is available on Daily Sun ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( Australia’s visa overhaul leaves Chinese millionaires in limbo )

Apple Storegoogle play

Last updated :

Also on site :

Most viewed in News