Original article by Fleur Anderson
The Australian Financial Review – Page: 9 : 11-Sep-14
The Australian Government will make changes to the residency visa program for wealthy overseas investors. Immigration Minister Scott Morrison says the Government is concerned that some foreigners have abused the significant investor visa scheme, which gives them access to Australian residency on the condition that they invest a minimum of $A5 million in Australia for four years. Morrison said some investors have shifted their money out of Australia once they received a visa
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