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Can Superfunds and the SIV Save Australian Venture Capital? (forbes.com/sites/jlim)
9 points by jaezen on Oct 7, 2015 | hide | past | favorite | 1 comment


The "superfunds" from the title are the superannuation funds

https://en.wikipedia.org/wiki/Superannuation_in_Australia

"the arrangements people make in Australia to accrue funds to replace their income in retirement. Superannuation in Australia is government-supported and encouraged, and minimum provisions are compulsory for employees."

And SIV is explained in the main article, it's the "Significant Investor Visa":

"Under the SIV scheme, investors who invest a minimum of AU$5 million into Australia, with at least $1 million of it going into an Australian venture capital fund will get permanent residency for themselves and family after four years. This could be a major win for Australian VC’s, since the previous SIV scheme brought in a reported AU$4 billion from processing over 800 visas, to mainly Chinese investors."




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