Rich and American? Australia Wants You

An anonymous reader writes: Following the success of a millionaire visa program to attract wealthy Chinese, Australia has launched an invite-only visa program that promises citizenship to rich American entrepreneurs. To meet the requirements of the Premium Investment Visa plan Americans must first invest around 15 million Australian dollars. Reuters reports: "Investment advisors who have been briefed on the plan by government officials expressed doubts about the wisdom of targeting Americans, with several telling Reuters the more obvious place to start was Australia's Asian neighbors. After all, why would a successful U.S. entrepreneur want to invest a large chunk of cash in Australia — a country very similar to the United States, just further away from everything — in exchange for a passport that carries few additional benefits to their own? 'The U.S. has some problems that Australia doesn't have. It's got a lot more racial crimes, it's got a lot more gun-related crimes, but I don't think that is going to drive a whole bunch of ultra-rich Americans out of their country,' said Bill Fuggle, a partner at law firm Baker & McKenzie who advises wealthy Chinese migrating to Australia."

Comments

Guns

[roninmagus]

I don't understand why guns always come up when non-Americans talk about America. I have lived here my entire 30 years, IN THE SOUTH, and have not seen a single gun in public except in the hands of a police officer. I own guns and most of my family do as well. But I've never seen them in public.