Criteria:

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Age

Applicants must be under 55 years of age.

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Living in Victoria

The applicant must have a genuine commitment to establish a residence and reside in the State of Victoria.

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Investment in Victoria

The applicant must agree to make a designated investment of at least A$1.5 million with the Victorian Treasury Corporation.

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Additional business or investment activity

The applicant must engage in additional business or investment activity in Victoria during the 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 or investing in a company.

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Victoria does not specify the amount of additional investment required to be made during the provisional visa period, however, applicants must demonstrate that their investment provides economic benefit to Victoria. This will be assessed on a case-by-case basis.  

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Designated Investment Bonds

Restrictions on purchasing Victorian Designated Investment Bonds:

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US NATIONALS AND RESIDENTS

If you are a US citizen or resident, you may be restricted from purchasing Victorian Designated Investment Bonds due to securities restrictions in the US.

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SANCTIONS AGAINST COUNTRIES

The Australian Government imposes sanctions against some countries to restrict commercial activities. If you are a national of, residing in or sending funds from a country that the Australian Government has imposed sanctions against, you may not be able to purchase Victorian Designated Investment Bonds.

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For up to date information on sanctioned countries, please visit the Department of Foreign Affairs and Trade websiteexternal link.

If any of the above circumstances might apply to you, we recommend that you first confirm your eligibility for Victorian Designated Investment with the Treasury Corporation of Victoriaexternal link and seek independent advice prior to lodging your Expression of Interest and applying for visa nomination.

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Ownership of bonds and swapping visa roles with your spouse

If you decide to swap roles with your spouse/de facto partner at permanent visa stage (subclass 888 visa) so that they become the primary visa applicant, this may not be possible if the bonds were not held jointly by you and your spouse/de facto partner. Please take this into consideration when purchasing your Victorian Designated Investment Bonds and seek independent advice on any implications.

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Sufficient funds to settle in Victoria

The applicant and their dependents must have sufficient funds to settle in Victoria. It is the responsibility of the applicant to research and determine the cost of living in Victoria to ensure their own financial resources are adequate for settlement. See further information on the cost of living in Victoria.

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Agreeing to the nomination obligations

You will be required to read, understand and agree to Victoria’s nomination obligations.