When you apply for Victorian visa nomination, your application is assessed against the following criteria:
You are required to meet the Department of Immigration and Border Protection visa requirements.
Victorian visa nomination is valid for three months. As such, early applications are not recommended since this may impact visa eligibility.
Applicants holding a provisional visa nominated by the Victorian government must demonstrate that they have met the nomination conditions they agreed to at the time of accepting Victorian nomination.
You must show evidence of your designated investment in the Treasury Corporation of Victoria and that this has been held throughout the provisional visa period.
You must show evidence that you have established a residence in Victoria during your provisional visa period and that you have a commitment to continue to reside in Victoria.
You must demonstrate that you have undertaken additional business or investment activity in Victoria during your provisional visa period. Investment activity must be non-passive. This requires an applicant to regularly monitor and actively manage the investment. Some examples include actively managing stocks, real estate and investing in a company.