Source document
Migration Amendment Regulations 2002 (No. 10), Statutory Rules 2002 No. 348
Has everything in it been taken?
CompleteReviewed 11 Oct 2026
Reviewed. Everything in it that belongs in the tables has been taken.
What the document holds
Migration Amendment Regulations 2002 (No. 10), SR 2002 No. 348 (98 pp.): replaces the business skills visas from 1 March 2003 with Business Skills (Provisional) Class UR subclasses 160-165 and Business Skills (Residence) Class DF subclasses 890-893, plus Business Talent 132; visa application charges; criteria, validity and conditions for each subclass; consequential amendments to Schedules 3, 7 and 9. In scope: the investor subclasses 162/165 (provisional) and 891/893 (permanent). Business owner and senior executive subclasses (160, 161, 163, 164, 890, 892) and Business Talent 132 are business routes without an investment-only test (out of scope, decision 15); general immigration items out of scope. Earlier: launch event, investment, managed-investment, net-asset and age rules. This pass added 15 rules (class charges for UR and DF, 3-year management experience for 162 and 165, age under 55 for 165, 2-year state residence intention for 165, 891/893 presence or residence of 2 in 4 years and 4-year holding of the designated investment, 5-year travel facility) and 1 event (reg. 5.19A(2)(a) "3" to "4").
What it supports
24 rows on this site come from this document. Each one opens with the page and the exact words.
Rules and prices (22)
- Government bondsSubclass 165 State/Territory Sponsored Investor (Provisional): designated investment in the sponsoring state or territoryAUD 750,0001 Mar 2003 – 1 Jul 2012 · Australian legislation register 2002Australia · Older investor visas (pre-2012)
- Eligible investments managedSubclass 165: eligible investments managed in at least 1 of the 5 fiscal years before applying (alternative to managing a qualifying business)AUD 750,000Since 1 Mar 2003 · Australian legislation register 2002Australia · Older investor visas (pre-2012)
- Government bondsSubclass 162 Investor (Provisional): designated investment (state/territory security) in the name of the applicant or applicant and spouseAUD 1,500,0001 Mar 2003 – 1 Jul 2012 · Australian legislation register 2002Australia · Older investor visas (pre-2012)
- Eligible investments managedSubclass 162: eligible investments managed in at least 1 of the 5 fiscal years before applying (alternative to managing a qualifying business)AUD 1,500,000Since 1 Mar 2003 · Australian legislation register 2002Australia · Older investor visas (pre-2012)
- Application feeBusiness Skills (Residence) (Class DF) visa (incl. subclasses 891 Investor and 893 State/Territory Sponsored Investor): first instalment of the visa application chargeAUD 1,000Since 1 Mar 2003 · Australian legislation register 2002Australia · Older investor visas (pre-2012)
- Application feeBusiness Skills (Provisional) (Class UR) visa (incl. subclasses 162 Investor and 165 State/Territory Sponsored Investor): first instalment of the visa application charge, payable at applicationAUD 2,385Since 1 Mar 2003 · Australian legislation register 2002Australia · Older investor visas (pre-2012)
- Second instalment fee, family memberBusiness Skills (Provisional) (Class UR): second instalment for each secondary applicant aged 18+ assessed as not having functional EnglishAUD 2,485Since 1 Mar 2003 · Australian legislation register 2002Australia · Older investor visas (pre-2012)
- Second instalment fee, family memberBusiness Skills (Residence) (Class DF): second instalment for each secondary applicant aged 18+ assessed as not having functional English who does not hold a Business Skills (Provisional) (Class UR) visaAUD 2,485Since 1 Mar 2003 · Australian legislation register 2002Australia · Older investor visas (pre-2012)
- Second instalment fee, main applicantBusiness Skills (Provisional) (Class UR): second instalment for each primary applicant aged 18+ assessed as not having functional EnglishAUD 4,980Since 1 Mar 2003 · Australian legislation register 2002Australia · Older investor visas (pre-2012)
- Required physical presenceSubclass 891 Investor (permanent): time in Australia as holder of a Subclass 162 visa (minimum total)2 years in the 4 years before applicationSince 1 Mar 2003 · Australian legislation register 2002Australia · Older investor visas (pre-2012)
- Residence requirementSubclass 165: genuine intention to reside, for at least this period, in the State or Territory where the designated investment is lodged2 yearsSince 1 Mar 2003 · Australian legislation register 2002Australia · Older investor visas (pre-2012)
- Residence requirementSubclass 893 State/Territory Sponsored Investor (permanent): residence, as holder of a Subclass 165 visa, in the sponsoring State or Territory (minimum total)2 years in the 4 years before applicationSince 1 Mar 2003 · Australian legislation register 2002Australia · Older investor visas (pre-2012)
- Years of business or investment experience requiredSubclass 162 Investor (Provisional): experience of direct involvement in managing qualifying businesses or eligible investments (minimum total)3 yearsSince 1 Mar 2003 · Australian legislation register 2002Australia · Older investor visas (pre-2012)
- Years of business or investment experience requiredSubclass 165 State/Territory Sponsored Investor (Provisional): experience of direct involvement in managing qualifying businesses or eligible investments (minimum total)3 yearsSince 1 Mar 2003 · Australian legislation register 2002Australia · Older investor visas (pre-2012)
- Holding period for the investmentSubclass 891 Investor (permanent): the designated investment made for the Subclass 162 visa held continuously in the name of the applicant (or with spouse)4 yearsSince 1 Mar 2003 · Australian legislation register 2002Australia · Older investor visas (pre-2012)
- Holding period for the investmentSubclass 893 State/Territory Sponsored Investor (permanent): the designated investment made for the Subclass 165 visa held continuously in the name of the applicant (or with spouse)4 yearsSince 1 Mar 2003 · Australian legislation register 2002Australia · Older investor visas (pre-2012)
- Period the visa allows travel to and from the countrySubclass 891 Investor (permanent visa): period in which the holder may travel to and enter Australia5 years from grantSince 1 Mar 2003 · Australian legislation register 2002Australia · Older investor visas (pre-2012)
- Period the visa allows travel to and from the countrySubclass 893 State/Territory Sponsored Investor (permanent visa): period in which the holder may travel to and enter Australia5 years from grantSince 1 Mar 2003 · Australian legislation register 2002Australia · Older investor visas (pre-2012)
- Maximum age of applicantSubclass 162: applicant must be less than this age45 yearsSince 1 Mar 2003 · Australian legislation register 2002Australia · Older investor visas (pre-2012)
- Maximum age of applicantSubclass 165: applicant must be less than this age, unless proposing business or investment activity the appropriate regional authority has determined is of exceptional economic benefit to the State or Territory55 yearsSince 1 Mar 2003 · Australian legislation register 2002Australia · Older investor visas (pre-2012)
- Net business and personal assetsSubclass 165: net business and personal assets of applicant/spouse throughout the 2 fiscal years before applyingAUD 1,125,000Since 1 Mar 2003 · Australian legislation register 2002Australia · Older investor visas (pre-2012)
- Net business and personal assetsSubclass 162: net business and personal assets of applicant/spouse throughout the 2 fiscal years before applyingAUD 2,250,000Since 1 Mar 2003 · Australian legislation register 2002Australia · Older investor visas (pre-2012)
Timeline (2)
- Investor (Provisional) subclass 162 and State/Territory Sponsored Investor subclass 165 visas commence1 Mar 2003LaunchAustralia · Older investor visas (pre-2012)
- Regulation 5.19A(2)(a) (designated investments) amended: "3" replaced by "4"1 Mar 2003Rule changeAustralia · Older investor visas (pre-2012)
About the document
What it covers Amending regulations made 19 Dec 2002; Schedule 2 (in force 1 March 2003) inserts the provisional business skills visas incl. Subclass 162 Investor (Provisional), 165 State/Territory Sponsored Investor (Provisional), and the residence subclasses 891/893.
Notes Authorised version registered 26/02/2022 (scan with text layer); the text layer misreads some figures ('AUDI 500 000' = AUD1 500 000, 'AUDI 125 000' = AUD1 125 000). Downloaded via the legislation.gov.au API.
Source id aus-leg-sr-2002-348 · accessed 10 Oct 2026