THE SIV INVESTMENT VISA MANDATE

SIV Investors are required to invest at least $5 million into complying investments for a minimum of 4 years before being eligible to apply for a permanent visa.

The SIV complying investment rules were changed in 2015 by the Australian Government and from 1 July 2015, SIV applicants are required to invest at least $5 million in complying investments, as outlined in the diagram below.

Salter Brothers offers funds that comply with the SIV complying investment rules, both before and after 1 July 2015, and provide for the mandated diversified investment across asset classes.

1
2
3
1

Max. 60% of investment ($3.0m)

2

Mandatory investment of at least 30% ($1.5m)

3

Mandatory investment of at least 10% ($0.5m)

BALANCING
INVESTMENT

Max. 60% of investment ($3.0m), which can include:

  • Property (max residential exposure of 10%);
  • Listed Equities; and
  • Corporate Bonds.

EMERGING
COMPANIES

Mandatory investment of at least 30% ($1.5m)

  • ASX listed or Australian unlisted companies (max 20%)
  • Only invest in companies with market capitalisations < $500m
  • May invest 10% of the fund in foreign listed companies (<$500m)
  • Max 30% in companies who have grown their market capitalisations >$500m
  • Min. of 20 investee companies within 3 months
  • No single investment that is >10% of net assets.

VCLP
(OR ESVCLP)

Mandatory investment of at least 10% ($0.5m)

  • Must be “AusIndustry” (Australian Government) registered VCLP
  • Only invest in companies < $250m
  • No property and development or land ownership, finance, insurance, construction or passive investments
  • Min term of 5 years (Note may be > 188c period)

An overview of the SIV visa is available on the Austrade website

Salter Brothers Asset Management Pty Limited: ABN 33 119 833 760, AFSL 308971 is the trustee of all Salter Brothers Funds.