Please note that the rules that were in force at the time that you applied for your Significant Investor visa will continue to apply for the duration of your provisional visa, including any Extension stream visas you apply for that relate to that provisional visa.
You must have a genuine and realistic commitment to:
- reside in the state or territory whose government agency nominated you,
- continue your business and investment activity in Australia after the conclusion of your provisional visa,
- live in Australia for at least 40 days per year (calculated cumulatively) for the duration of your provisional visa, or your spouse to live for at least 180 days per year (calculated cumulatively) for the duration of your provisional visa.
You, your partner, or you and your partner combined must have net assets of at least AUD$5 million that are legally acquired, unencumbered, and available to be used to make the complying investment in Australia.
You and your partner must not have been involved in unacceptable business or investment activities.
You, members of your family unit aged at least 18 must agree not to bring any action against the Commonwealth for any loss relating to your complying investment.
Income that you earn from your complying investment in Australia is subject to tax under Australian taxation law.
You must also make a complying investment or a complying significant investment of at least AUD$5 million over four years.
Important: You might want to seek independent legal advice in relation to ensuring that an investment made for the purpose of this stream is a ‘complying significant investment’. It is your responsibility to ensure your investment options comply.