This visa will allow prospective applicants to obtain Australian permanent residency.

To meet the eligibility criteria, you must

• hold an eligible visa (Subclass 491 or 494) for at least three years.
• have had a taxable income at or above a specific income threshold (currently $53,900) for at least three years while on your eligible visa
• have complied substantially with the conditions of Subclass 491 or 494 visa you hold or have held and particularly with condition 8579.

Condition 8579 prescribes that

• the holder of a Subclass 491, while in Australia, must live, work and study only in a part of Australia that was a designated regional area at the time of the visa grant. Unless the applicant is included in a class of persons specified by the Minister.
• the holder of a Subclass 494, while in Australia during the regional residency period, must live, work and study only in a part of Australia that was a designated regional area at the time the nomination was made.

You do not need a sponsor or nominator to qualify for this visa.

More information on this visa stream will be available soon.