● Meet the requirements for the success of innovation and entrepreneurship (only 2-3) : ● Employ at least two local Australian employees File a patent application or obtain a standard or innovation patent ● Turnover of more than $300,000 ● Received a second venture capital investment ● Established partnerships with universities ● Company acquired for more than $2 million ● Obtain corporate sponsorship ● State government/Territory support

· Submit an application for state sponsorship

· Submit visa application

Have lived in Australia for at least 2 years before moving to permanent residence

The Immigration Bureau will evaluate the success of the business based on the entrepreneurial experience of the main applicant, and the main applicant must prove that:

· 2 key success factors

· 1 key success factor and 3 supporting success factors

Key success factors include:

· Employ 2 or more Australians, permanent residents or other eligible persons

· Annual turnover of at least AUD 300,000

· Apply for provisional patents or obtain standard patents or innovation patents

· Receiving ongoing funding or investment in entrepreneurial activities

· Establish partnerships with universities

· Sell a startup for $2 million

Supportive success factors include:

· Your entrepreneurial activities are applicable to other business areas

· A claim of success from a state or territory government nominee

· Accept sponsorship from the business community

· Establish at least one other business or participate in at least two other businesses

· Receive formal awards or recognition

· Raise or contribute social funds

You must have a genuine commitment to continue to operate or invest in Australia