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Summary of Key Criteria - Established Business in Australia 845/846

Criteria Established Business in Australia
Subclass 845
State/Territory Sponsored Regional Established Business in Australia 846
Before application
  • Has been in Australia at least 9 of the 12 months prior to application
  • Has had Ownership interest in 1 or more established businesses in Australia for a period of 18 months immediately prior to making application and continues to have an interest
  • Has been in Australia at least 12 of the 24 months prior to application
  • Has had Ownership interest in 1 or more established businesses in Australia for a period of 2 years immediately prior to making application and continues to have an interest
  • The business has had throughout the 2 years prior to application
  • turnover of $250,000 or
  • exports of $100,000
Business Background Overall successful business career Overall successful business activity
Net Assets - Personal AUD $250,000 12 months prior to application AUD$200,000 2 years prior to application
Net Assets in business AUD $100,000 for a period of at least 12 months prior to application. AUD $75,000 for a period of at least 2 years prior to application.
Role in overseas business Must have been making day to day management decisions and control of overall direction of the business for a period of at least 12 months prior to application. Must have been making day to day management decisions and control of overall direction of the business for a period of at least 2 years prior to application.
State/Territory Government Not applicable Appropriate regional authority has been notified and appropriate notification from regional authority is submitted with application
Nil unacceptable business activity Neither applicant or spouse has history of unacceptable business activities Neither applicant or spouse has history of unacceptable business activities
Points test Must pass the points test pass mark currently 105 points Must pass the points test pass mark currently 105 points

 

 
 
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