If you apply for the Significant Business History stream, you (or your partner, or you and your partner combined) must have all of the following:
you must be less than 55 years of age, although a state or territory can waive this requirement if your proposed business will be of exceptional economic benefit to the relevant region.
net assets of at least AUD 400 000 (in a qualifying business) in at least.
two of the four fiscal years immediately before you are invited to apply.
total assets of at least AUD 1.5 million that can be legally transferred to
Australia within two years of the visa being granted.
a total annual turnover of at least AUD 3 million (in one or more of your
ownership of at least
main businesses) in at least two of the four fiscal years immediately before you are invited to apply
51 per cent of a business with turnover of less than AUD 400 000 per annum, or
30 per cent of a business with turnover of more than AUD 400 000 per annum, or
10 per cent of a publicly-listed company
an overall successful business career with no involvement in unacceptable business activities
a genuine desire to own and maintain a management role in a business in Australia.