Chinese are the biggest group to apply for Australia 's ' millionaire visa ' High income individuals must invest $ 1 million in Australia to get a visa . In China , the number eight is culturally associated with wealth , prosperity and good fortune and rich Chinese nationals have been queuing up for the opportunity to live in Australia under the millionaire visa program . Those investing for more than five years are eligible for permanent residency . Chinese are the third largest immigrant group in Australia after the UK and US .
Chinese are the biggest group to apply for Australia 's ' millionaire visa ' High income individuals must invest $ 1 million in Australia to get a visa . Those investing for more than five years are eligible for permanent residency . Chinese are the third largest immigrant group in Australia after the UK and US .