ACT 491 / 190 nomination - a Small Business Owner pathway is now live.
Basic eligibility details are as follows:
- Applicant must be the majority owner (at least 51%) of a registered business actively operating in the ACT.
- The business activity must be located in the ACT. Interstate / overseas business activity is not accepted.
- Your business must have a minimum turnover of $200,000 per annum (or pro-rata).
- Your business must be profitable.
- Your business must be paying you the following taxable income immediately before date of Matrix submission:
- 190 nomination: at least $26,000 for six months.
- 491 nomination: at least $13,000 for three months.
- You must employ at least one Australian citizen, permanent resident or New Zealand citizen for at least 13 weeks (minimum 20 hrs pw).
- You may employ one or more employees. The employment does not have to be continuous.
- The employment must be in accordance with Australian legislation.
- The employee/s must be resident in Canberra.
Points breakdown for small business owners is as follows:
Category | Points |
Your business has actively traded in Canberra for at least twelve months from the date established or purchased. | 20 |
Your business has actively traded in Canberra for at least six months from the date established or purchased. | 10 |
Not applicable | 0 |
Source: http://www.canberrayourfuture.com.au/workspace/uploads/documents/act-nomination-guidelines-july-2021.pdf