Australia: The World Visa Agenda operates in keeping with the Australian NSW Incorporated Limited Partnership Act 1892 as amended, the Australian Corporation Act 2001 and the Venture Capital Act 2002 as they may apply in respect of Investment rules in Australia, including: Section 708 thereof (generally) including 5(b) “investments not made in Australia”; (7) “Part Progressive Payments”; 8(b) “Sophisticated Investors”), i.e. requiring a minimum A$ 500,000 investments; (9) paid, out of money lent by the person offering the securities; (10) “made through a Financial Services Licensee”; (11) “Professional Investor” and other Sections including Section 734(9) an offer of the securities to the person would not require a disclosure document because of subsection 708(8) or (10) (sophisticated investors) or 708(11) (professional investors).
(1) World Visa Agents Note: Notwithstanding the above Exemption, the World Visa is not a Security. A License to sell a World Visa is not required.
(a) The World Visa is a Joint Venture opportunity for Immigrant Visa Investors to obtain a Permanent Visa in the Country of Choice as World Visa Members while using Partnership’s Funds and not their own;
(b) The Joint Venture is not a Common Enterprise with others;
(c) The Joint Venture is managed or under the control of the Visa Member and not dependant on others within the Partnership to make a profit from the Joint Venture;
(d) The Joint Venture has a self liquidating repayment program from the profits of the Joint Venture, which is planned to continue there-after into the future.
(2) NOTE: The Partnership is not a Registered Immigration Agent in Australia or elsewhere and unable to provide any advice on Immigration matters outside (Sect 280 5C of the Act) with the exemption of its Joint Ventures.
(3) Further, nothing on this site shall be deemed to constitute an offer, offer to sell, or the solicitation of an offer to buy, any securities in any jurisdiction or under any circumstances in which such offer or solicitation is unlawful.
(4) In that regard the Partnership is not a Licensed Fund Manager in Australia or elsewhere and has arranged with any investment monies made by Immigrant Visa Investors are provided through the Hong Kong Trustee as Custodian to ensure all funds ultimately paid for a Partnership’s World Visa is made through the US Bank Holding Company being registered with the US Federal Reserve Board (FRB) as set out in this Website.
(5) USA: Regulation ‘S’ Disclaimer: Access to the following web pages are restricted to Non-U.S. Persons located outside of the United States, within the meaning of Regulation S under the U.S. Securities Act of 1933, as amended (the “Securities Act”). *
(6) Each person accessing the following web pages, by so doing, will be deemed to have acknowledged that: (1) It is not a U.S. person (within the meaning of Regulation S under the Securities Act) and is located outside of the U.S. (within the meaning of Regulation S under the Securities Act); (2) It understands that any securities described herein (A) have not been and will not be registered under the Securities Act or with any securities regulatory authority of any state or other jurisdiction of the USA, and (B) may not be offered, sold, pledged or otherwise transferred in the United States or to U.S. persons unless the securities are registered under the Securities Act, or an exemption from the registration requirements of the Securities Act is available; and (3) hedging transactions involving securities offered and sold in accordance with Regulation S under the Securities Act may not be conducted unless in compliance with the Securities Act as defined below:
(7) As defined Regulation S under the Securities Act, the term “U.S person” means: (1) any natural person resident in the United States; (2) any partnership or corporation organised or incorporated under the laws of the United States; (3) any estate of which any executor or administrator is a U.S. person; (4) any trust of which any trustee is a U.S. person; (5) any agency or branch of a foreign entity located in the United States; (6) any non-discretionary account or similar account (other than an estate or trust) held by a dealer or other fiduciary for the benefit or account of a U.S. person; (7) any discretionary account or similar account (other than an estate or trust) held by a dealer or other fiduciary organized, incorporated, or (if an individual) resident in the United States; and (8) any partnership or corporation if: (A) organized or incorporated under the laws of any foreign jurisdiction; and (B) formed by a U.S. person principally for the purpose of investing in securities not registered under the Securities Act, unless it is organized or incorporated, and owned, by accredited investors (as defined in Rule 501(a) of the Securities Act) who are not natural persons, estates or trusts.
(8) For more information about the SEC’s registration requirements and common exemptions (including SEC Reg. D 506c read our brochure, Small Business & the SEC. For more information about how individuals can be accredited investors, see our Investor Bulletin on accredited investors.