Migration Regulations 1994

If the time of invitation to apply for the visa was before 1 July 2021, the requirements in subclauses (1) and (2) are met.

The applicant has made a designated investment of at least AUD1 500 000 in the State or Territory in which the nominating State or Territory government agency is located, and has made the investment:

in the name of the applicant; or

in the names of the applicant and his or her spouse or de facto partner.

The funds used to make the designated investment mentioned in subclause (1) were:

unencumbered; and

accumulated from either or both of:

one or more qualifying businesses conducted by the applicant, the applicant’s spouse or de facto partner, or the applicant and his or her spouse or de facto partner together; and

eligible investment activities of the applicant, the applicant’s spouse or de facto partner, or the applicant and his or her spouse or de facto partner together.