State/Territory Sponsored Investor (Provisional) Visa

Must be sponsored by an appropriate regional authority of a State/Territory government;
Have a total of at least 3 years experience of direct involvement in managing one or more qualifying businesses or eligible investments;
For at least 1 of the 5 fiscal years immediately before the application is made:

You have maintained direct involvement in either managing a qualifying business in which you (or you and your spouse) had an ownership interest of at least 10% of the total value of the business; or
You maintained direct involvement in managing your (or you and your spouse's) eligible investments, the total of which was at least A$750,000;

For the 2 fiscal years immediately before application is made, the net value of your (or you and your spouse's) assets was at least A$1.125million;
At the time of decision, you have made a Designated Investment of A$750,000;
You are aged less than 55 at time of application or you have proposed to establish or participate in a business that the State/Territory has determined is of exceptional economic benefit to the State/Territory;
You have demonstrated a high level of management skill in relation to an eligible investment or qualifying business activity;
Neither you or your spouse have a history of involvement in a business or investment activities of a nature not generally acceptable in Australia; and
You have a genuine and realistic commitment to maintain a business or investment activity in Australia after the designated investment has matured.