Factor | Description |
---|---|
Age | Under 55 years of age |
Points Test Score | 65 (Pass mark) |
Business Activity Record | At least 3 years’ experience of direct involvement in managing one or more qualifying businesses or eligible investment |
for at least one of the five fiscal years immediately before you are invited to apply, have directly managed one of the following: · had at least 10 percent ownership interest or · investments of at least AU$1.5 million |
|
Net Assets (Net business, investment and Personal assets) | AU$2.25 million *during the 2 fiscal years immediately before you are invited to apply and available for legal transfer to Australia within 2 years of the visa being granted. |
Investment | AU$1.5 million Invest in a state or territory government security for at least four years |
Visa Validity | 4 years 3 months |
Factor | Description | Points |
---|---|---|
Age | 18 – 24 years | 20 |
25 – 32 years | 30 | |
33 – 39 years | 25 | |
40 – 44 years | 20 | |
45 – 54 years | 15 | |
55 and older | 0 | |
English Language Ability |
Vocational English (IELTS 5.0) | 5 |
Proficient English (IETLS 7.0) | 10 | |
Qualifications | Australian trade certificate, diploma or bachelor degree by an Australian education institute; or A bachelor qualification recognised by an education institution of a recognised standard |
5 |
Bachelor degree in business, science or technology by an Australian institute; or A bachelor qualification by an education institute of a recognised standard |
10 | |
Financial Assets | Net business and personal assets of you, your partner or you and your partner combined in each of the preceding two years of at least: | |
AU$800,000 | 5 | |
AU$1.3 million | 15 | |
AU$1.8 million | 25 | |
AU$2.25 million | 35 | |
Business Turnover | Annual turnover in your main business during a period of at least two years of the preceding four fiscal years of at least: | |
AU$500,000 | 5 | |
AU$1 million | 15 | |
AU$1.5 million | 25 | |
AU$2 million | 35 | |
Special Endorsement |
The nominating state or territory government agency could decide that your proposed business is of unique and important benefit to the state or territory where the nominating government agency is located | 10 |
Business Experience |
Eligible investment of at least AU$100,000 held for: | |
At least 4 years before the time of invitation to apply for the visa | 10 | |
At least 7 years before the time of invitation to apply for the visa | 15 | |
Business Innovation Qualifications At the time of invitation to apply for the visa: |
Evidence of registered patents or registered designs | 15 |
Evidence of registered trademarks | 10 | |
Evidence of formal joint venture agreements | 5 | |
Evidence of export trade | 15 | |
Evidence of ownership interest in a gazelle business | 10 | |
Evidence of receipt of grants or venture capital funding | 10 |
Factor | Significant Investor stream | Premium Investment stream |
---|---|---|
Net assets (you and your partner combined) | AU$5 million | AU$15 million |
Investment | AU$5 million over 4 years in the following proportions (applied after 1 July 2015) ● At least AU$500,000 in venture capital and growth private equity funds which invest in start-ups and small private companies. ● At least AU$1.5 million in approved managed funds investing in emerging companies listed on the Australian Stock Exchange. ● A ‘balancing investment’ of at least AU$3 million in managed funds¹ |
AU$15 million in one of the following options: ● ASX listed assets. ● Australian government or semi-government bonds or notes. ● Corporate bonds or notes² ● Australian proprietary limited companies. ● Real property in Australia excluding residential property. ● Deferred annuities issued by Australian registered life companies. ● State or territory government approved philanthropic contribution. |
Length of Stay | Live in Australia for at least 40 days (Main Applicant) or 180 days (spouse) per year | |
Visa Validity | 4 years and 3 months |
Investor stream | Significant Investor stream | Premium Investment stream |
---|---|---|
you must have been in Australia and held your provisional visa in the Investor stream for at least 2 years of the 4 years immediately before you apply and you (or you and your partner combined) must have held a designated investment with an Australian state or territory for at least 4 years |
You must have been in Australia for at least 40days (Main applicant) or 180 days (spouse) per year and Held complying investments continuously for at least 4 years |
You must have held complying premium investments continuously for at least 1 year, and for the entire time you have held your Provisional visa (subclass 188). |
Before 1 July 2015: eligible for subclass 888 application after holding your provisional visa for 3 years and 11 months After 1 July 2015: eligible for subclass 888 application after holding your provisional visa for at least 4 years |
Processing Time |
Requirements | |
---|---|---|
NSW | 12 weeks / 5 days |
1. Investor Stream · Net Assets for 2 years immediately before the application is made - AU$3 million (Migration to Sydney)  - AU$2.25 million (Migration to Regional NSW) · Available funds for setting and living expenses for not less than 1 year ※ If DIBP has previously refused to grant you a business visa, or has cancelled your business visa, NSW may not sponsor you for this visa unless you can show mitigating circumstances. 2. Significant Investor Stream Meet DIBP criteria |
VIC | 4 weeks / 1 week |
1. Investor Stream · Investment of at least AU$1.5 million with the Treasury Corporation of Victoria · Engage in ongoing business/investment activity in VIC within 36 months of arrival 2. Significant Investor Stream · No age limit · AU$500,000 into Venture Capital and Growth Private Equity funds · Invest minimum AU$1.5 million in emerging companies |
QLD | 1 week | 1. Investor Stream · Designated investment with Queensland Treasury Corporation for at least 4 years · Must be less than 55 years of age 2. Significant Investor Stream · Invest AU$2,500,000 in QLD across the complying investment framework |
SA | - | 1. Investor Stream · Minimum AU$1,500,000 in SA for 4 years · Applicants over 55 years must invest AU$5,000,000 for 4 years 2. Significant Investor Stream · Invest AU$5,000,000 for 4 years into any DIBP qualifying investments · Agree to complete 6-monthly surveys issued by Immigration SA during the 4-year term · Applicants must meet one of the following: - Become a member of an approved 'local organisation⁴' for 3 years and attend 6 meetings or events - Have one of your children reside and be educated in SA for 2 years - Purchased residential property in SA to min. value of AU$500,000 |
WA | - | 1. Investor Stream · Hold an ownership interest of a directly managed business at least 10% / Investments worth at least AU$1,500,000 · Net Assets (Business + Personal): AU$2,250,000 · Investment of AU$1,500,000 with the WA Treasury Corporation for 4 years · AU$50,000 for your settlement and ongoing living costs in WA 2. Significant Investor Stream · Assets (Business and/or Personal): AU$5,000,000 · AU$50,000 for settlement purposes |
NT | - | · Meet DIBP criteria (Both Investor & Significant Investor Streams) |
TAS | - | 1. Investor Stream · AU$2.25 million transferable assets · AU$1.5 million in Tasmanian Treasury bonds and maintain the investment for 4 years 2. Significant Investor Stream · Invest AU$5 million in Tasmania for min. 4 years 3. Premium Investor Stream · Invest AU$15 million for min. 1 year |