Glossary of Terms

Any non-export E-commerce business operating primarily at a Victorian address will be considered of economic benefit.

Applicants proposing to engage in export or Ecommerce activity, must demonstrate how the proposed activity will provide a direct contribution to the Victorian economy, such as through:

• the export value of Victorian goods and services
• Victorian jobs created or retained, including flow-on effects to other Victorian suppliers
• the local economic benefits of the business
• assistance to Victorian businesses in exporting their products or addressing market gaps
• expansion of export markets.

The Victorian Government will accept part time employees who work no less than 20 hours per week, over a 12-month period permitting up to 2 months of vacation (paid or unpaid) as half an FTE.

Casual employment cannot be used to fulfill this requirement.

Each employee whose employment
is used to work out that total number of hours:

1. cannot be the applicant or a member of the family unit of the applicant during that period
2. has to be an Australian citizen, an Australian permanent resident or the holder of a valid New Zealand passport during that period.

Subclass 188 visa holders will be required to show payroll tax or superannuation documentation evidencing their employee numbers when applying to Victoria for nomination of their subclass 888 visa permanent visa subclass.

Primary visa holders or their spouse are required to meet the Department of Home Affairs’ residency requirements for this visa subclass.

Staying with friends outside of a formal lease arrangement during this time is not accepted by Victoria, as it does not demonstrate a financial commitment
to continue living in Victoria. It is also not able to be sufficiently evidenced.

For border towns only (those that share a border with SA or NSW) these can be accepted at the discretion of the Victorian Government.

The visa holder is not permitted to reside in any other state other than
Victoria while holding the Victorian Nominated 188 visa.

This type of exporting is not permitted and is not eligible for Victorian nomination.

This exclusion ensures that Victorian nominated business migrants export with the permission of the product manufacturer or trademark holder. This ensures that the business
migrant is not competing against the trademark owner in the same market for the same clientele. It also encourages the migrant to interact with brand owners and identify areas they could collaborate for growth into new markets.

To evidence qualifications, the relevant award certificate and complete transcript is required, in addition to the qualification being listed in the applicant’s relevant SkillSelect EOI at the time of nomination.

An eligible applicant must evidence no less than 3 years in a senior role in a business directly involved in one of the Victorian Target Sectors. This experience must have been obtained within the last 10 years.

A senior role is defined as having strategic and financial oversight of the company or business. This may include a board member, CEO, CFO or CPO for example.

The eligible role/s must be listed in the Expression of Interest (EOI) at time of nomination and a signed Position Description and Contract must be provided to support the applicant’s claims made in the application.

To qualify for Victorian Government visa nomination, you must show that your complying investments will make a contribution to the Victorian economy.

All complying balancing and Emerging Companies investments made by Victorian Government nominated Investor Stream visa holders must either ensure the:

• Victorian investment is included in the chosen investments, or
• the managed fund provider maintains an office in Victoria.

Any eligible investment under the Complying Investment Framework that includes investment into businesses, infrastructure, projects or ventures located in Victoria is considered to be a Victorian Investment.

Victorian based Early Stage Venture Capital Limited Partnership (ESVCLP), Venture Capital Limited Partnership (VCLP) or a Fund of Funds (AFOF). The fund must be unconditionally registered with the Department of Industry, Science, Energy
and Resources and comply with the current applicable Complying Investment framework. This includes eligible Private Equity funds.

VC funds are considered “Victorian” if they have an operating business address in Victoria (not a home office – must be a reasonable commercial address that
is fit for purpose) and have a dedicated employee resource located in Victoria.

Primary visa holders or their spouse are required to meet the Department of Home Affairs residency requirements for this visa subclass, with regard to the number of days spent in Australia.

Staying with friends outside of a formal lease arrangement during this time is not accepted by
Victoria, as it does not demonstrate a financial commitment to continue living in Victoria. It is also not able to be sufficiently evidenced.

For border towns only (those that share a border with SA or NSW) these can be accepted at the discretion of the Victorian Government.

The visa holder is not permitted to reside in any other state other than Victoria while holding a Victorian nominated subclass 188 visa.

To qualify for Victorian Government visa nomination, you must show that your complying investments will make a contribution to the Victorian economy.

All complying balancing and Emerging Companies investments made by Victorian Government nominated Significant Investor Stream visa holders must either ensure that the:

• Victorian investment is included in the chosen investments, or
• the managed fund provider maintains an office in Victoria.

Any eligible investment under the Complying Investment Framework that includes investment into businesses, infrastructure, projects or ventures located in Victoria is considered to be a Victorian Investment

Victorian based Early Stage Venture Capital Limited Partnership (ESVCLP), Venture Capital Limited Partnership (VCLP) or a Fund of Funds (AFOF). The fund must be unconditionally registered with the Department of Industry, Science, Energy and Resources and comply with the current applicable Complying Investment framework. This includes eligible Private Equity funds.

VC funds are considered “Victorian” if they have an operating business address in Victoria (not a home office – must be a reasonable commercial address that is fit for purpose) and have a dedicated employee resource located in Victoria.

The visa holder is required to purchase or rent a residential home as evidence of their residence in Victoria. Bond receipt documents and a formal lease may be required to evidence rental of a residence, formal title deed will be required to evidence property purchase. Victoria will also require Passenger Movement Records and utility bills for the period of residence.

Primary visa holders or their spouse are required to meet the Department of Home Affairs residency requirements for this visa subclass, with regard to the number of days spent in Australia.

Staying with friends outside of a formal lease arrangement during this time is not accepted by Victoria, as it does not demonstrate a financial commitment to continue living in Victoria. It is also not able to be sufficiently evidenced.

For border towns only (those that share a border with SA or NSW) these can be accepted at the discretion of the Victorian Government.

The visa holder is not permitted to reside in any other state other than Victoria while holding the subclass 188 visa nominated by Victoria.

• The nature of the innovation, whether it increases efficiencies, creates a dynamic product or improves existing services.
• The potential economic contribution to be made to Victoria by the innovation, as well as any social or environmental benefits.
• Whether the innovation addresses a significant need in an industry sector in Victoria.
• Whether the innovation is likely to lead to employment opportunities for Victorians.
• Whether a patent, design or trademark has been registered for the innovation.

• the third-party funding body has Victorian operations, or
• the entrepreneurial activity will be undertaken in Victoria.

The visa holder is required to purchase or rent a residential home to facilitate their residence in Victoria. Bond receipt documents and a formal lease will be required to evidence rental of a residence, formal title deed will be required to evidence property purchase. Victoria will also require Passenger
Movement Records and utility bills for the period of residence.

Primary visa holders or their spouse are required to meet the Department of Home Affairs residency requirements for this visa subclass, with regard to the number of days spent in Australia.

Staying with friends outside of a formal lease arrangement during this time is not accepted by
Victoria, as it does not demonstrate a financial commitment to continue living in Victoria. It is also not able to be sufficiently evidenced.

For border towns only (those that share a border with SA or NSW) these can be accepted at the discretion of the Victorian Government.

The visa
holder is not permitted to reside in any other state other than Victoria while holding the subclass 188 visa nominated by Victoria.