Australia sees rush of Hong Kong millionaires amid unrest by Swatisays
SYDNEY - Australia is seeing an increase in interest in its millionaires-only visa program from wealthy Hong Kong residents who are eyeing a safety net amid political turmoil in the Chinese-ruled territory, migration lawyers told Reuters.
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 program that provides direct residency to applicants. The unrest has been fueled by broader worries about what many say has been an erosion of freedoms guaranteed under the “one country, two systems” formula put in place when Hong Kong returned to China in 1997. [nL4N25I1D6]
The SIV program 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.
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
Britain 'Extremely Concerned' About Hong Kong Consulate Worker Feared Detained In China
Lire la suite »
Facebook And Twitter Say China Is Spreading Disinformation About Hong Kong ProtestersFacebook and Twitter say China is spreading disinformartion about Hong Kong protesters by rachsandl
Lire la suite »
U.K. government 'concerned' as Hong Kong consulate employee detainedThe British government says it is 'extremely concerned' over reports that an employee of its Hong Kong consulate has been detained.
Lire la suite »
Hong Kong “is a battle for survival and for freedom”China wants Hong Kong’s economic activities but not its rebellious elements, says Nathan Law Kwun-chung, a politician and activist
Lire la suite »
Luxe Brands Could Face a Big Sales Hit If Unrest Continues in Hong KongTiffany & Co., LVMH Moët Hennessy Louis Vuitton, Compagnie Financière Richemont, Tapestry and Capri Holdings are all exposed, says Cowen.
Lire la suite »
Spooked by protests, Hong Kong citizens buy Malaysian homesHong Kong citizens have snapped up about 200 apartments in the past two months a...
Lire la suite »