1. The applicant must be aged 18 years and over.
2. Meet character and health requirements.
3. Have a current nomination from a state or territory government agency or Austrade and have been invited to apply.
4. The business and personal assets of the applicant and his or her partner together

- have a net value of AUD5 million
- are lawfully acquired
- can be used for investing in the complying investment products as specified 

5. Before the visa is granted, the applicant must make a complying significant investment of at least AUD5 million and it must be invested in the following proportions:

- at least AUD500,000 in venture capital and growth private equity funds
- at least AUD1.5 million in approved managed funds.
- a ‘balancing investment’ of at least AUD3 million in managed funds

6. You must not have a history of involvement in unacceptable activities.
7. Have a genuine intention to hold the AUD5 million investment in Australia for at least 4 years.