Migration Regulations 1994

For at least one of the 5 fiscal years immediately before the time of invitation to apply for the visa:

both of the following apply:

the applicant maintained direct involvement in managing a qualifying business;

the applicant, the applicant’s spouse or de facto partner, or the applicant and his or her spouse or de facto partner together, had an ownership interest of at least 10% of the total value of the business; or

subclause (2) applies.

This subclause applies if:

the applicant maintained direct involvement in managing eligible investments of the applicant, the applicant’s spouse or de facto partner, or the applicant and the applicant’s spouse or de facto partner together; and

the total net value of the eligible investments was:

if the time of invitation to apply for the visa was before 1 July 2021—at least AUD1,500,000; or

if the time of invitation to apply for the visa was on or after 1 July 2021—at least AUD2,500,000.