Lei88.I wish you luck, but there are qualifications around this...

Lei88.

I wish you luck, but there are qualifications around this new visa, and I'm not sure investing $5m in LYC would qualify as it does not supply good and or services to the public. It also has to met the qualification of not being a speculative situation.

Source - http://www.immi.gov.au/skilled/business/_pdf/significant-investor.pdf

Direct investment into Australian proprietary companies
For a direct investment into an Australian proprietary company to qualify as a ‘complying investment’, the following criteria must be met:
• the company must genuinely operate a qualifying business in Australia
• the applicant must obtain an ownership interest in the company
• the company must be registered with ASIC and the business must have an Australian Business Number.

Qualifying business
The Migration Regulations 1994 define a qualifying
business as an enterprise that:
(a) is operated for the purpose of making profit through the provision of goods, services or goods and services (other than the provision of rental property) to the public; and
(b)is not operated primarily or substantially for the purpose of speculative or passive investment.