State/Territory Sponsored Investor (Provisional)

Subclass 165

- Overall successful qualifying business activity or eligible investment

activity

- Net assets – business and personal AUD$1,125,000 lawfully acquired and capable of being transferred to Australia within 2 years

- Applicant and/or spouse have sufficient net assets to settle in Australia

as determined by an appropriate regional authority

- For at least 1 of 5 fiscal 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

- For at least 3 years applicant has directly managed 1or more qualifying business or eligible investments; and High level of management skill in investment/business activity

- Sponsorship by appropriate regional authority required

- Genuine business commitment To maintain business/investment

- Neither applicant or spouse has history of unacceptable business activities

- Under 55 years of age unless business is endorsed by sponsoring state/territory government as being of exceptional economic benefit

- English language requirement, NIL

- Understand obligations as the holder of subclass 165

- Where applicant must be at time of decision

Outside Australia (primary applicant)

In Australia if holder of student visa (secondary applicant)

- Visa validity 4 years from entry expiry date

- Other Conditions Either 8502 or 8515 may be imposed