Wealthy Asian business people are lining up for the federal
government's new ''golden ticket'' visa, which waives the usual criteria
for skilled migrants - such as an ability to speak English - in
exchange for a $5 million investment in Australia.
As Australia's refugee debate rages on, the federal
government is rolling out the welcome mat for a select class of migrant
and it expects 700 new wealthy residents annually under its
Significant Investor Visa program, which opens for expressions of
interest on Saturday.
For permanent residency, migrants must have $5 million and live in Australia 40 days a year for four years.
http://www.smh.com.au/national/wonky-values-in-golden-ticket-visa-program-20121122-29sxo.html
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