Capital Investment Scheme

Capital investment scheme for pre-1 September 2007 GSM visa applicants

The South Australian Financing Authority (SAFA) and the department are aware that some applicants who have been requested to deposit a capital investment with SAFA are yet to do so. Such applicants are advised to contact the department to request an extension and SAFA to make arrangements for the deposit, as soon as possible.

Visa applicants who are not granted an extension of time to deposit a capital investment may be finalised without this information.

Applicants who are currently before the MRT or who have sought judicial review will be able to make a deposit if requested to do so until further notice.

Since the announcement of the reopening of the capital investment scheme by SAFA on 29 January 2009, the department has contacted all applicants whose cases had been assessed and who indicated they intended to lodge a capital investment.

Applicants who indicated on their application form that they intended to lodge a capital investment, but have not yet done so, are advised to contact the department as soon as possible.

Applicants who did not indicate on their application form that they intended to lodge a capital investment, but now wish to do so because they will be relying on the five bonus points to meet the Point Test, should also contact the department and finalise their capital investment.

Please note that only SAFA provides an approved designated security that enables an applicant for a pre-1 September 2007 GSM visa to be awarded bonus points for making a capital investment.

Information about lodging a capital investment

To assist processing of capital investments, applicants may only make a deposit accompanied by Form 1134 Declaration General Skilled Migration (Bonus points for capital investment in Australia) and the letter sent to you from a case officer.

If you lodged your GSM application before 1 September 2007 but have not had your case assessed (you have received no contact from a case officer) and you either indicated an intention to lodge a capital investment on your application form, or now want to rely on a capital investment to achieve the bonus five points, you are encouraged to contact the department using the post-lodgement enquiry form to request a Form 1134 and letter enabling a capital investment to be lodged. Please note that this form is generally only issued once a case has been assessed as meeting all other requirements. The department is prepared to provide you with this opportunity to lodge a capital investment given SAFA's closure, however, this should not be taken as an indication of a likely outcome on your application. In due course, your application will be assessed in its entirety.
See: Post-lodgement enquiry form

Note: The South Australian Government Financing Authority will not accept investments for migration purposes unless accompanied by Form 1134 and the letter sent to you from the department.
See: SAFA Migration Bonds