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Assessment criteria

Assessment criteria

When you apply for Victorian visa nomination for the Significant Investor visa stream, we assess your application against a number of criteria.

Nomination eligibility conditions

You must meet the Department of Immigration and Border Protection’s requirements for this visa subclass.

Complying Investments

You will need to make an investment that complies as follows:

  • invest a minimum of A$500,000 into Venture Capital and Growth Private Equity (VCPE) funds
  • invest a minimum of A$1.5 million in emerging companies
  • you may be required to invest in a balancing investment to make up a total of at least A$5 million in complying investments, depending on the amount invested in VCPE funds and emerging companies.

No age limit

There is no age limit for this visa stream and you are not required to meet the Department of Immigration and Border Protection’s points test.

Contribution to Victoria

To qualify for Victorian Government visa nomination, you must show that your complying investments will make a contribution to the Victorian economy in two key investment areas:

1. Venture Capital and Growth Private Equity (VCPE) investment

To demonstrate economic benefit to Victoria through your Venture Capital and Growth Private Equity (VCPE) investment you will need to show that:

  • the VCPE fund is actively sourcing investment in Victoria, or
  • the VCPE fund provider maintains an office in Victoria.

2. Emerging companies and balancing investment

To demonstrate economic contribution to Victoria through your combined ‘emerging companies’ and ‘balancing investment’ components, you will need to show that:

  • Victorian investment is included in the chosen investments, or
  • the managed fund provider maintains an office in Victoria.

Your fund manager can provide you with a fund compliance form which indicates the contribution the fund will make to Victoria.

If you have any questions about an investment’s contribution to Victoria you can contact:

Ms My Linh Pham
Significant Investment Migration Manager
Email: mylinh.pham@ecodev.vic.gov.au 
Telephone: +61 3 9651 9365

Investments

  • Your fund manager must provide you with sufficient information to allow you to fully understand the terms and conditions of an investment and the financial risk involved in that specific investment.

Living in Victoria

You must have a genuine and realistic commitment to seek Australian permanent residency status by living in Victoria and continuing to contribute to Victoria through investment activity. 

Victorian nomination requirements before 1 July 2015

On 1 July 2015, the Department of Immigration and Border Protection introduced a new Significant Investor visa Complying Investment Framework. For applicants nominated by Victoria before this date, view the previous nomination requirements for complying investments and contribution to Victoria before 1 July 2015