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Millionaires please apply: Australia needs you.

The resource-rich country is encouraging the world’s wealthy to migrate here with an overhaul of visa regulations designed to attract investors and entrepreneurs.

The center-left Labor government Friday unveiled a so-called significant investor visa, to be introduced from July 1, targeting migrants who can make an investment of at least 5 million Australian dollars (US$4.87 million) in the Australian economy.

To read the full, original article click on this link: Australia Targets Millionaires, Innovators With New Visas - Deal Journal Australia - WSJ