Since it launched, the MINT programme has run through four fund rounds, and in recent years it has become a sought-after favourite among skilled migration applicants looking to secure Subclass 190 in one step.

In June 2022, just before Fund Round 4opened, MINT revised its occupation list so that every occupation could apply, drawing in even more applicants almost overnight.

Now, on 17 May 2023, MINT has made another major change!And that is:Fund Round 5takes effect from 18 May:the investment amount rises from AUD 515,000 to AUD 520,000!

Any new MINT placement agreement received from 17 May 2023 onwardswill be subject to the new MINT rules,with the following key changes from the previous policy:

1. The minimum investment amount increases to AUD 520,000 (previously AUD 515,000)；

2.the venture investment term is 12 years (previously 10 years) – the trustee still intends to return 80% (plus interest, less fees) to investors within 5 years after the open period closes;

3. In addition to making venture investments directly, the fund may also use 20% of its venture investment allocation to invest in a venture capital limited partnership managed by the Paspalis fund manager.

Submitted on or before 17 May – old policy

Submitted on or after 18 May – new policy

For MINT applications whose placement agreement is received today (17 May 2023) or earlier, these applicants will still belong to the previous MINT fund round and remain under the old policy.

In other words, as long as you intend to apply for the MINT programme, regardless of whether you currently have a skills assessment or English results, securing your place today lets you catch the tail end of Fund Round 4, enter the investment cycle sooner, and receive your investment returns earlier!

After the policy was announced, our Panel Agent Simon WU from Newstarsec Brisbane/Beijing confirmed with the MINT fund regarding the new policy:placement agreements submitted today, 17 May, still fall under the old policy.

Popular occupations for the MINT programme:

221111 Accountant (General)

223512 Mechanical Engineer

223411 Electronics Engineer

233311 Electrical Engineer

233211 Civil Engineer

263311 Telecommunications Engineer

263312 Telecommunications Network Engineer

135112 ICT Project Manager

261112 Systems Analyst

261312 Developer Programmer

261313 Software Engineer

262113 Systems Programmer

262113 Systems Administrator

222112 Finance Broker

222113 Insurance Broker

222312 Financial Investment Manager

222311 Financial Investment Adviser

139914 Quality Assurance Manager

149311 Conference and Event Organiser

225113 Marketing Specialist

232411 Graphic Designer

511111 Contract Administrator

511112 Program or Project Administrator

Beyond the occupations above, many other common occupations are also eligible for MINT – get in touch for the details!

MINT success stories:

Don’t wait – get in touch now

Secure your place today and avoid the price rise!

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Recommended in 2023

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Newstarsec has arrived in Xiamen, China!

2023 offshore state migration pathways for Australia! Both Subclass 190 and Subclass 491 are open!

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