The Significant Investor Visa, will commence on 24 November 2012. Potential visa applicants will be able to submit an Expression of Interest through SkillSelect.
The full conditions of the visa were announced by the Minister for Immigration and Citizenship, Chris Bowen MP on 29 August 2012. The Significant Investor Visa is designed to encourage significant migrant investment into Australia. Eligible visa holders are required to invest at least AUD$5million.
Additional information is available at http://www.immi.gov.au/skilled/business/whats-new.html