How Much Money Should You Invest In Australia To Get PR From Singapore?

Are you a Singapore resident interested in gaining permanent residency status in Australia? If so, you may be wondering how much money you need to invest to make it happen. 

Australia’s investor visa program offers a pathway to permanent residency for foreign nationals who are willing to invest capital into the country. However, the minimum investment threshold can be quite high, especially when investing from Singapore.

This article will break down exactly how much money you need to invest to get Australian permanent residency while living in Singapore in 2023. 

How Much Money Should You Invest In Australia To Get Pr From Singapore?

The primary factor determining Australia’s PR eligibility is the amount of money invested. For the 2023-2024 period, the minimum investment threshold is AUD $1.5 million.

This minimum applies to all applicant types, whether investing as an individual or a family. It must be a single lump sum payment made after your investor visa application is approved. 

This AUD $1.5 million capital requirement has held steady for several years now. However, it is indexed to inflation so that the threshold may increase incrementally in future years.

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Converting the Investment Amount from Singapore Dollars

When budgeting this investment from Singapore, it’s essential to consider currency exchange rates. The conversion rate is 1 AUD = 0.881173 SGD (at the time of writing).

So the AUD $1.5 million minimum investment equates to approximately SGD $1,721,760. Exchange rate fluctuations over time can alter the actual SGD capital amount needed to meet the AUD $1.5 million investment minimum.

Always factor in current exchange rates when determining how much Singapore-based funds you’ll require. The investment must be made in AUD from an eligible Australian institution.

Meeting the Minimum Investment Threshold for Australian PR from Singapore

While $1.5 million is the immutable minimum investment, you also need to know what types of investments meet the qualification criteria:

  • Australian securities: Investing in stocks, bonds, and other securities via an Australian stock exchange.
  • Real estate: Purchasing Australian property, either residential or commercial. 
  • Government bonds: Investing in eligible Commonwealth, state, or territory government bonds.
  • Corporate bonds or notes: Investing in corporate bonds or notes from Australian firms.
  • Cash held in an Australian bank: Putting the funds in a deposit account with an Australian Authorised Deposit-taking Institution (ADI)
  • Managed funds: Investing in managed funds or pooled superannuation trusts.
  • Venture capital funds: Investing in startups or SMEs via an Australian venture capital firm. 
  • Managed investment schemes: Investing in eligible managed investment schemes.
  • Infrastructure projects: Investing in infrastructure projects sponsored by State and Territory governments.
  • Investor loan agreements: Providing investor loan amounts to an Australian business you have no association with. 
  • Investment into an Australian proprietary company: Taking equity in an Australian private company. 

You’ll need to work with specialised immigration professionals to structure your investment portfolio utilising these approved options.

How Much Money Should You Invest In Australia To Get PR From Singapore?

Passive vs. Active Investment Strategies

When investing for the Australian investor visa, you can take either a passive or active strategy:

  • Passive investments: Hands-off vehicles like government bonds, term deposits, managed funds, etc. Lower effort but also lower returns.
  • Active investments: More hands-on ventures like direct property ownership, venture capital, or direct investment into companies. Higher effort but with potential for greater returns.

The decision between passive and active depends on your risk appetite, desire for involvement, and return expectations. Many investor visa applicants choose a mixed portfolio of both passive and active investments.

Other Costs and Fees to Factor In

Beyond just the AUD $1.5 million capital investment, you’ll need to budget for other expenses when applying from Singapore:

  • Application fees: The visa application charge which must be paid upfront to the Department of Home Affairs.
  • Migration agent fees: If using a registered migration agent to handle the process, their service fees.
  • Due diligence fees: Fees charged by firms conducting due diligence on investment options.
  • Professional services fees: Any legal, accounting, or financial advisory fees.
  • Taxes: Potential taxes in Australia related to the investment and income/profit generated.
  • Travel and accommodation: Flights and hotels when required to be in Australia for visa application appointments. 
  • Health insurance: Private health insurance costs in Australia.
  • Extra costs: You also need to factor in an extra 15-20% beyond the core investment amount to cover these ancillary costs.

Top Tips for Gaining Australia PR Through Investment

If you want your application for Australian permanent residency through the investor visa program to succeed, keep these tips in mind:

  • Work with a registered and experienced migration agent: They can guide you through every stage seamlessly.
  • Allow ample time: The process often takes 12+ months, so account for all required steps.
  • Choose your investments wisely: Make evidence-based choices among the approved options.
  • Maintain extensive records: Keep detailed records of all investment transactions and transfers.
  • Be ready to prove genuine intent: You must show a genuine commitment to live long-term in Australia.
  • Have all required documents ready: Certificate, police clearance, medical check, etc.
  • Meet health and character requirements: Disclose everything upfront to avoid issues.
  • Be patient: Timelines can vary, so patience and persistence are key.

Gaining permanent residency anywhere is never quick or easy, but following this advice can help your Australian investor visa application proceed as smoothly as possible.

Navigating the Minimum Investment for Australian PR from Singapore

The minimum investment for Australian PR from Singapore is currently AUD $1.5 million. Converting to Singapore dollars, this equates to roughly SGD $1.7 million based on current exchange rates. 

You can invest in approved options like real estate, government bonds, managed funds, venture capital vehicles, infrastructure projects, and more. Factor in all costs beyond just the capital investment as you budget the total funds required.

With thoughtful preparation, compliance with requirements, and working with qualified professionals, your investor visa application can successfully lead to permanent residency status in Australia.

Financing Your Australian Property Investments

If you are considering real estate investments in Australia to meet the minimum capital requirements, our expert mortgage brokers at Odin Mortgage can assist with financing property purchases. We have extensive knowledge in financing Australian property investments for Aussie expats and overseas investors.

Contact us to discuss how we can assist you in financing your Australian property investments.

Get a free Australian mortgage assessment today.

Apply online to get a free recommendation with real rates and repayments.

Frequently asked questions

You must maintain the investment for at least 4 years from the date you gain permanent residency before divesting.

No, the funds must be wholly owned by you, not financed through any loans or borrowings.

Yes, dependent family members can be included in your application. The same health/character requirements apply.

No, the investment must be foreign capital transferred into Australia solely for the PR application.

After the initial validation visit, you generally don’t need to be in Australia much until PR is granted.

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