Source document
Explanatory Statement: Migration (Complying Investments) Amendment Instrument (LIN 21/041) 2021
Has everything in it been taken?
CompleteReviewed 8 Oct 2026
Reviewed. Everything in it that belongs in the tables has been taken.
What the document holds
Explanatory Statement to the Migration (Complying Investments) Amendment Instrument (LIN 21/041) 2021 (6 pp.): commencement 1 July 2021; Investor stream moved from state/territory government securities to complying significant investments and minimum raised from $1.5m to $2.5m; Premium Investor stream closed from 1 July 2021 (event already in data); new CIF shares (at least 20% venture capital, at least 30% emerging companies); venture capital agreement deadline cut from 12 to 6 months; AUD 500 000 absolute VC amount replaced; annual fund audits from 2021-22; derivative and ETF clarifications; consultation (OBPR reference 25905, not a programme number). All rules and dated changes extracted as program terms and events.
What it supports
14 rows on this site come from this document. Each one opens with the page and the exact words.
Rules and prices (10)
- Investor stream investmentInvestor stream (subclass 188B), before the 1 July 2021 amendmentsAUD 1,500,000Until 30 Jun 2021 · Australian legislation register 2021Australia · Business Innovation and Investment visa
- Investor stream investmentInvestor stream (subclass 188B) applicants invited after 30 June 2021; must be a complying significant investmentAUD 2,500,000Since 1 Jul 2021 · Australian legislation register 2021Australia · Business Innovation and Investment visa
- Time limit to sign venture capital agreementInvestor stream holders, applicants invited after 30 June 2021: time after visa grant to enter an agreement with the general partner of each venture capital fund (maximum)6 monthsSince 1 Jul 2021 · Australian legislation register 2021Australia · Business Innovation and Investment visa
- Share in venture capital fundsInvestor stream complying significant investment, applicants invited after 30 June 2021 (minimum share)20%Since 1 Jul 2021 · Australian legislation register 2021Australia · Business Innovation and Investment visa
- Share in emerging companies fundsInvestor stream complying significant investment, applicants invited after 30 June 2021 (minimum share)30%Since 1 Jul 2021 · Australian legislation register 2021Australia · Business Innovation and Investment visa
- Investment in venture capital fundsSignificant Investor complying investment before the July 2021 amendments: venture capital component (absolute minimum)AUD 500,000Until 30 Jun 2021 · Australian legislation register 2021Australia · Significant Investor visa
- Time limit to sign venture capital agreementSignificant Investor stream holders, applicants invited after 30 June 2021: time after visa grant to enter an agreement with the general partner of each venture capital fund (maximum)6 monthsSince 1 Jul 2021 · Australian legislation register 2021Australia · Significant Investor visa
- Time limit to sign venture capital agreementSignificant Investor holders before the July 2021 amendments: time after visa grant to enter an agreement with the general partner of each venture capital fund (maximum)12 monthsUntil 30 Jun 2021 · Australian legislation register 2021Australia · Significant Investor visa
- Share in venture capital fundsSignificant Investor stream complying significant investment, applicants invited after 30 June 2021 (minimum share)20%Since 1 Jul 2021 · Australian legislation register 2021Australia · Significant Investor visa
- Share in emerging companies fundsSignificant Investor stream complying significant investment, applicants invited after 30 June 2021 (minimum share)30%Since 1 Jul 2021 · Australian legislation register 2021Australia · Significant Investor visa
Timeline (3)
- Australia closes its Premium Investor stream to new applications1 Jul 2021ClosureAustralia · Premium Investor visa
- Complying investment instrument amended (LIN 21/041)1 Jul 2021Rule changeAustralia · Significant Investor visa
- Investor stream moved to complying significant investments; minimum raised to $2.5 million1 Jul 2021Rule changeAustralia · Business Innovation and Investment visa
About the document
What it covers Confirms closure of the Premium Investor stream from 1 July 2021 and savings for existing holders.
Source id aus-leg-lin21-041-es-2021 · accessed 2 Oct 2026