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| State/Territory Sponsored Investor 165 |
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To be eligible
You need to show that:
 You have been sponsored by an appropriate regional authority of a State or Territory government;
You have a total of at least 3 years experience of direct involvement in managing one or more qualifying businesses or eligible investments;
For at least one of the 5 fiscal years immediately before the application is made:
1.you have maintained direct involvement in either managing a qualifying business in which you (or you and your spouse together) had an ownership interest of at least 10% of the total value of the business; or
2.you maintained direct involvement in managing your (or your and your spouse’s combined) eligible investments, the total value of which was at least AUD750,000;
For the 2 fiscal years immediately before the application is made, the net value of your (or your and your spouse’s) assets was at least AUD1,125,000;
You have demonstrated a high level of management skill in relation to an eligible investment or qualifying business activity;
At the time of decision, you have a made a Designated Investment of AUD750,000;
You are aged less than 55 years at time of application or you are proposing to establish or participate in a business that your sponsoring State or Territory has determined is of exceptional economic benefit to the State or Territory;
Neither you or your spouse have a history of involvement in business or investment activities that are of a nature that is not generally acceptable in Australia;
You have a realistic commitment to continue to maintain a business or investment activity in Australia after the designated investment has matured;
You have signed a declaration that you understand your obligations as the holder of an State/Territory Sponsored Investor (Provisional) visa.
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