Net assets

    You must provide documents to show your (or your and your partner’s) business and personal assets in Australia.
  • A one-page summary statement outlining all assets and liabilities for the beginning and end of a 12-month period:
    • ending no more than three months before you apply for this visa
    • that is the same period covered by the financial statements and employee records provided as part of your business documents.
  • Evidence of ownership and value of assets:
    • a minimum AUD 600,000 of net assets must be demonstrated for the beginning and end of a 12-month period:
    • ending no more than three months before you apply for this visa
    • that is the same period covered by the financial statements and employee records provided as part of your business documents.
  • Evidence of liabilities (if any) against each asset (for example mortgages, loans including unsecured and third party loans, and credit cards).
  • For assets held by a trust:
    • a copy of the trust deeds.
  • For cash assets:
    • bank statements or term deposit certificates. All bank statements must have the same date of issue for each assessed point in time.
  • For real estate assets, provide:
    • evidence of ownership (title deeds)
    • evidence of value (valuation certificate by an accredited property valuer)
    • evidence of mortgage. Valuations by real estate agents who are not accredited property valuers are usually not acceptable.
  • For business net assets:
    • evidence of ownership and value as outlined under 'Business documents'. You can include a cross-reference.
  • For personal or business loans in Australia:
    • loan agreements
    • loan statements indicating the amount borrowed and the repayment schedule
    • loans listed in the business balance sheet (for loans to or from a business).
  • For stocks and bonds:
      share or bond registers, share or fixed interest securities or debentures certificates, transfer certificates