188.226
In forceVolume 2Schedule 2, Subclasses 010 to 801
Schedule 2Provisions with respect to the grant of Subclasses of visas
188.226
At the time of invitation, the business and personal assets of the applicant, the applicant’s spouse or de facto partner, or the applicant and his or her spouse or de facto partner together, that can be applied to the establishment or conduct of a business in Australia have a net value of:
(a)
if the time of invitation was before 1 July 2021—at least AUD800,000; or
(b)
if the time of invitation was on or after 1 July 2021—at least AUD1,250,000.
This Act’s bill:Explanatory statement
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