Applicant must lodge a designated investment with the treasury corporation of the state or territory that is nominating you.
The actual rate of return on the investment will be set when you deposit funds in the designated investment. Interest rates change regularly and may differ between state and territory treasury corporations.
Designated investments must only be made when you are advised in writing by the department.
Funds used to finance your designated investment must be personally owned and unencumbered and must have been legally accumulated as a result of your business and/or investment activities.
Applicant must:
- Be less than 55 years old
- You have at least 65 points on the department points test for the Business Innovation & Investment visa.
- This option requires you to have managed investments or owned a business, and to be willing to invest AUD 1.5 million in Australian State or Territory Government bonds.
- You have had business and personal net assets of at least AUD 2.25 million for the last 2 fiscal years
- You must make an investment of AUD 1.5 million in Australian State or Territory bonds prior to the grant of the visa
- You have 3 years of experience either managing a qualifying business or “eligible investments”, and have shown a high level of management skill
- For at least 1 of the last 5 fiscal years, you have either:
- Managed a business in which you hold a 10% shareholding; or
- Managed “eligible investments” of at least AUD 1.5 million
