The scandalous affair between Ma Rong, a Chinese celebrity and her ex-husband, Wang Baoqiang, has been making headlines for years. However, her recent move to invest in Australia and obtain a visa through the Significant Investor Stream (SIV) has brought her back to the spotlight. This article examines Ma Rong’s journey to becoming a Significant Investor in Australia and the benefits and risks of such investments.
The Significant Investor Stream
The Significant Investor Stream (SIV) is a program for foreign investors who wish to obtain a visa and invest in Australia. The program requires individuals to invest at least AUD 5 million into complying investments, which include Australian government bonds, managed funds, and Australian proprietary companies. Once the investment is made, the investor can apply for a visa and become a permanent resident of Australia. The SIV program is designed to attract high net worth individuals to invest in Australia, stimulating economic growth and creating jobs.
Ma Rong’s Investment in Australia
Ma Rong is one of the many Chinese investors who have taken advantage of the SIV program. She invested AUD 6 million in Australian companies, including a vineyard and an organic skincare brand. Her investment not only secured her a visa but also allowed her to become a shareholder in these companies. Ma Rong’s choice to invest in Australia is strategic, as the country is known for its stable political and economic climate, making it a safe investment destination.
Benefits and Risks of Investing in Australia
Investing in Australia through the SIV program has its benefits. One of the biggest advantages is the opportunity to become a permanent resident of Australia, which can lead to citizenship. Australia is also known for its strong economy, diverse culture, and high standard of living. Additionally, investing in Australian companies can provide a good return on investment, as these companies have access to a large and growing market.
However, investing in Australia also has its risks. The country’s economy is heavily reliant on the mining and resource sector, which can be volatile. The Australian dollar is also subject to fluctuations, which can affect the value of an investor’s investment. Additionally, investing in a foreign country comes with cultural and language barriers, making it challenging to manage investments effectively.
Ma Rong’s investment in Australia through the SIV program highlights the benefits and risks of investing in a foreign country. While investing in Australia can lead to permanent residency and a good return on investment, it also comes with risks such as currency fluctuations and cultural barriers. The SIV program is an excellent opportunity for foreign investors who wish to invest in Australia, but it is crucial to understand the risks associated with such investments.