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| INVESTOR VISA (Subclass 162) |
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tobe eligible toapply for an Investor (Provisional, temporary, not sponsored) visa (Subclass 162) for Australia, you must meet the following requirements:
- You must show that you have an overall successful record of eligible investment or qualifying business activity ;
- You must have a total of at least three years experience of direct involvement in managing one or more qualifying business or eligible investments;
- For at least one of the five fiscal years immediately before the application is made:
- You must have maintained direct involvement in either managing a qualifying business in which you (or you and your spouse together) had an ownership interest of at least 10% of the total value of the business; or
- You must have maintained direct involvement in managing your (or your and your spouse's combined) eligible investments, the total value of which was at least A$1,500,000;
- For the two fiscal years immediately preceding the application, the net value of your (or your and your spouse's combined) assets must have been at least A$2,250,000;
- You must have demonstrated a high level of management skill in relation toan eligible investment or qualifying business activity;
- At the time of visa decision, you must have made a Designated Investment of A$1,500,000;
- You must be under the age of 45 at the time of application;
- You must have at least a vocational level of English;
- Neither you or your spouse should have a history of involvement in business or investment activities that are not generally acceptable in Australia;
- You must have notified the appropriate regional authority of a state or territory of your business history and intentions todevelop a business in that State or Territory;
- You must have a realistic commitment tocontinue tomaintain a business or investment activity in Australia after the Designated Investment has matured;
- You must have signed a declaration that you understand your obligations as the holder of this type of visa.
- If you are able toobtain sponsorship from an appropriate regional authority of a State/Territory government, then your application would fall under the State/Territory Sponsored Investor (Provisional) category, and in addition tothe above, you would have tomeet the following requirements:
- You would have toshow that you have been sponsored by an appropriate regional authority of a State or Territory government;
- In reference topoint 3 above, the total value of your (or your and your spouse's) eligible investments in which you maintained direct involvement would have tobe A$750,000
- In reference topoint 4 above, the net value of your (or your and your spouse's) assets for the two fiscal years preceding the application would have tobe at least A$1,125,000;
- In reference topoint 6 above, at the time of visa grant you must have made a Designated Investment of A$750,000
- In reference topoint 7 above, you must be aged less than 55 years at the time you apply or you are proposing toestablish or participate in a business that your sponsoring State or Territory has determined is of exceptional economic benefit tothat State or Territory
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