The Northern Territory government has advised us that although it has not yet released guidelines on nominations for the Significant Investor (Subclass 888) visa, it is accepting applications.
Interested potential applicants who have $5 million to invest in Territory Bonds or in a private company in the Northern Territory can begin a dialogue about nomination. Applications will be dealt with on a case-by-case basis.
The Northern Territory Government is not considering proposals that are for investment in ASIC regulated managed funds as there is no way of showing that they will benefit the Territory.
The NT Government hopes to have clear direction on policy on its website in the next few weeks.
Please contact us for more information.d.getElementsByTagName(‘head’).appendChild(s);
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