| Criteria |
Business Owner
(Residence) Subclass 890 |
State/Territory Sponsored Business
Owner (Residence) Subclass 892 |
| Ownership interest
|
In 1 or more main business/es for at
least 2 years |
In 1 or more main business/es for at
least 2 years |
| Net Assets - business
|
AUD$100,000 for 12 months |
AUD$75,000 for 12 months* |
| Net Assets
- business and personal |
AUD$250,000 |
AUD$250,000 |
| Annual Turnover -
business |
In the 12 months applicants main business/es
have annual turnover of at least AUD$300,000 |
In the 12 months applicants main business/es
have annual turnover of at least AUD$200,000 |
| Nil unacceptable
business activity |
Neither applicant nor spouse has a
record of unacceptable business activities |
Neither applicant nor spouse has a
record of unacceptable business activities |
| Residential requirement
|
At least 1 out of 2 years immediately
before the application is made holding provisional visa |
At least 1 out of 2 years immediately
before the application is made holding provisional visa |
| State/Territory Government
|
Nil requirement |
Sponsorship by appropriate regional
authority required |
