| Criteria |
Investor
(Provisional) Subclass 162 |
State/Territory Sponsored Investor
Owner (Provisional) Subclass 165 |
| Business Background
|
Overall successful business activity
or eligible investment activity |
Overall successful business activity
or eligible investment activity |
| Net Assets - business
and personal |
AUD$2,250,000 lawfully acquired and
capable of being transferred to Australia
within 2 years |
AUD$1,125,000 lawfully acquired and
capable of being transferred to Australia
within 2 years |
| Net assets - settlement
|
Applicant and/or spouse have sufficient
net assets to settle in Australia |
Applicant and/or spouse have sufficient
net assets to settle in Australia as determined by sponsoring appropriate
regional authority |
| Ownership or net
assets in business |
For at least 1 of 5 years immediately
before the application is made applicant has direct management in
qualifying business where applicant and/or spouse have:
- 10% ownership or
- net value of at least AUD$1,500,000
|
For at least 1 of 5 years immediately
before the application is made applicant has direct management in
qualifying business where applicant and/or spouse have:
- 10% ownership or
- net value of at least AUD$750,000
|
| Role in overseas
business/ Investment activity |
At least 3 years applicant has directly
managed 1 or more qualifying business or eligible investments and
high level management skill in investment/business activity. |
At least 3 years applicant has directly
managed 1 or more qualifying business or eligible investments and
high level management skill in investment/business activity. |
| State/Territory Government
|
Has notified appropriate regional authority
in state/territory regarding applicant and business intentions in
Australia |
Sponsorship by appropriate regional
authority required |
| Genuine business
commitment |
To maintain business/investment activity
|
To maintain business/investment activity
|
| Nil Unacceptable
business activity |
Neither applicant or spouse has history
of unacceptable business activities |
Neither applicant or spouse has history
of unacceptable business activities |
| Age |
Under 45 years of age |
Under 55 years of age unless business
is endorsed by sponsoring state/territory government as being of
exceptional economic benefit
|
| English |
Vocational English
|
Nil requirement
|
