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What advantages would an American passport holder have if they opt for Australia as their second passport destination?

I’m an American investor and I’m currently in the market for acquiring a second passport for myself and my family via investment. What is the main advantage for Americans in getting permanent residency and eventually citizenship in Australia? Would the Australian immigration process be smoother for me since I'm an American, for example?


Answers
  • VisaConnect
    April 01, 2022

    Compared to other applicants, an American citizen would usually have a high level of English language ability, and all supporting documents would be in English, and not require translation. A U.S. citizen can hold dual citizenship, so there are numerous benefits of holding Australian citizenship, including the right to vote in elections, right to apply for government employment, re-enter Australia freely, apply for children as citizens by descent and sponsor family members for immigration. Also, once you are an Australian citizen, you may consider applying for renunciation of your U.S. citizenship to avoid annual U.S. tax returns and IRS tax payments.

  • ANZ Migrate
    March 31, 2022

    First, Australia does not have any direct citizenship pathways for general migrants (exceptions are for cases such as children born overseas to an Australian parent). You would need to obtain permanent residence in Australia first, then accumulate considerable residence periods in Australia to qualify for citizenship. Generally, this is at least three years of residence in Australia during a four-year period (there are specific rules around this such as no more than three months away during the last 12 months). For business and investment pathways for Australia, there is no specific country advantage other than English threshold requirements to reduce visa fees can be met through demonstrating certain citizenships such as the U.S. Aside from this, the requirements and quotas are the same across all countries. However given tighter regulatory controls in the U.S. versus some other countries, you may require less documentation to support the legal acquisition or earning of funds. The investment pathways for Australia are either AU$2.5M or AU$5M - AU$2.5M, requires two years of stay in Australia during the investment period (3-5 years), while AU$5M requires only 40 days for each year you've held the visa (3-5 years) (The 40 days x years = accumulated total, you are not required to spend the time in each year). These are initially temporary visas, after maintaining the investment and meeting the requirements such as residence periods, you can qualify for permanent residence, and then later with residence in Australia meet the citizenship requirements. The advantages of Australian citizenship include the unrestricted property purchasing (foreigners are limited to new developments only, not the larger re-sale property market), the right to residence in New Zealand, free education in schools and subsidised education at university, public healthcare (medicare), social security benefits and many others.

  • Quentin Kuo Law + Immigration
    March 31, 2022

    Officially, no advantage is guaranteed. In practice, the American/Australia relationship is more mature than that of other countries vs Australia. So yes, smoother. Technically, you will beat the application group cohort very easily in any Points Test based visa program. Many other advantages exist, but they are mainly social. Overall, it should be a very easy application for you if you can show financial and investment evidence.

  • March 31, 2022

    Thereare certain advantages of being an Australian citizen. You can stay indefinitely in Australia and also get the privilege of staying outside Australia as long as you wish. Australian citizens are entitled to vote in federal and state or territory elections and in a referendum. Under the Trans-Tasman Travel Arrangement introduced in 1973, Australian citizens can enter New Zealand to visit, live, work and do business indefinitely, without the need to apply for prior authority. New Zealand is the only country in the world that has such an arrangement with Australia.