Acquisition of a main business or main businesses

You must be able to demonstrate that you legally acquired or established the business or businesses nominated in your application. Further information on how to demonstrate legal acquisition of the business(es) is available in the Document checklist.

You must also show:

Employees - throughout the 12 months immediately before you apply your (or you and your partner's) businesses employed at least the equivalent of two full–time employees who are both:

  • an Australian citizen, permanent resident or New Zealand passport holder
  • not a member of your family.

Business assets - the net value of your (or you and your partner's combined) assets in the main business (or two main businesses) in Australia is at least AUD 100,000 throughout the 12 months immediately before you apply

  • Business and personal assets - the net value of your (or you and your partner's combined) personal and business assets in Australia has been at least AUD 250,000 throughout the 12 months immediately before you apply.

Further information on how to demonstrate employment and business/personal assets is available in the Document checklist.