Australia Halts ‘Golden Visa’ Below Broad Migration Overhaul

Australia has paused purposes for people who make investments greater than A$5 million ($3.3 million) into the nation as a part of a broader immigration coverage overhaul designed to entice extra expert migrants.

All purposes for the Vital Investor or “Golden Visa” program have been halted. Dwelling Affairs Minister Clare O’Neil stated the visa was one among “many facets” of Australia’s migration system that the federal government plans to vary so as “to create a system which delivers for our nation.”