Main Applicant Eligibility

Below are the requirements you must meet to be eligible for a Regional Established Business in Australia visa. You must provide evidence of each of the requirements with your application. For further information read form 1215i Independent executives and permanent residence.

Hold correct visa

You hold a Business (Long Stay) visa (subclass 457).

Sponsorship

You have been sponsored by the relevant State/Territory government authority.

In Australia recently

You have been in Australia as a temporary resident for at least 12 months cumulatively out of the last 24 months before the date of application.

Ownership interest

You have held an ownership interest of at least 10% in up to two main businesses in a designated area of Australia for at least two years immediately before applying and continue to have an interest of that kind.

Annual turnover

Your main business (or two main businesses) have had a turnover of at least A$200,000.
or

Your main business has total exports of at least A$100,000; in each of the two years immediately before you apply.

Net assets in Australia

Your (or your and your partner's) total net assets in Australia were at least A$200,000 for the two years before you apply.

Net assets in business in Australia

Your (or your and your partner's) net assets in your main business (or two main businesses) in a designated area of Australia were no less than A$75,000 in the 24 months before you apply.

Business involvement

You have been actively involved in, and directly responsible for, the day to day management and overall performance of your main business (or two main businesses) for the 24 months before you apply.

Business success

You have an overall successful business career.

Acceptable business record

You have not been involved in business or investment activities considered unacceptable in Australia.

Points test

You must score at least 105 points in the regional established business in Australia points test (unless there are exceptional circumstances).

The department will work out your points score from the information you give in your application.

To complete your own preliminary points test.
See: Points test

Health

You must meet certain health requirements and may need to undergo a health examination.
See: Health Requirements

Character

You must be of good character for you to enter Australia.
See: The character requirement

Australian Values Statement

If you are aged 18 years or over, you are required to sign an Australian values statement. The statement is included in your visa application form and all applicants aged 18 years and over will need to sign it to confirm that they will respect the Australian way of life and obey Australian laws. Before signing this statement you are required to have read, or had explained to you, material made available by the government on life in Australia which is contained in the Life in Australia book.

The Life in Australia book provides more information on the values that Australians share and their way of life.
See:
Australian Values - Overview
Life in Australia Book

Application document checklist

The checklist provides all the information and supporting documents that you may be asked to provide with your application.
See: Application document checklist (73KB PDF file)

 

Before lodging an application, please read all related eligibility requirements.
See: Other eligibility