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Taxing the “golden ticket”

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Published on 01 May 13 by "TAXATION IN AUSTRALIA" JOURNAL ARTICLE

A new Significant Investor Visa (SIV) has been introduced in order to attract high wealth foreign investors. The SIV fast tracks the permanent residency process for non-residents willing to invest $5m into “complying investments” in Australia. The relevant tax rules are, however, fraught with complexity and could result in significant tax leakage where double taxation occurs. Some well-considered tax planning can assist in maximising the significant investor’s after-tax returns and mitigate tax exposure.

This article considers some of the potential decisions and tax outcomes that an SIV holder may encounter.

Author profile

George Psarrakos CTA
George Psarrakos, CTA is a tax partner at Mutual Trust, Australia’s largest multi-family office. He advises both domestic and international wealthy families, businesses and private clients on the tax and commercial implications of their strategic, operational and investment decisions. This includes advising on complex tax issues, managing ATO audits, transaction support for significant business milestones and life-changing events. He specialises in effective strategies for protecting and transferring wealth across borders and across family generations - Current at 24 June 2025
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