conroys Posted August 28, 2006 Report Share Posted August 28, 2006 Hi,For a Investor retirement visa (405), you need to make an investment in Australia.Must this investment be governement securities or can it be something else?Does anyone know what the interest rate is for government securities? Thanks.Conroys Quote Link to comment Share on other sites More sharing options...
Cindylou Posted August 28, 2006 Report Share Posted August 28, 2006 Hi ConroysI found this information on the immi websiteContact the Treasury Corporation, in the State or Territory that is sponsoring you (other than NSW or ACT). They will forward current information on the terms and conditions and an investment application form. They will also send detailed instructions on how to lodge the designated investment. At the initial inquiry stage, the Treasury Corporation can only indicate the likely rate of return on a proposed investment. The actual rate of return on your investment will be set when you deposit your funds in the designated investment. Interest rates change regularly and may differ between State and Territory Treasury Corporations.For more info about the visa (and its onerous conditions) go to Investor Retirement Visa - this visa does not allow one to apply for PRCheersCindy Quote Link to comment Share on other sites More sharing options...
conroys Posted August 29, 2006 Author Report Share Posted August 29, 2006 Will have a look there. Thanks Cindy. Quote Link to comment Share on other sites More sharing options...
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.