The Department of Home Affairs has today clarified that there is no minimum income requirement for the Permanent Residence (Skilled Regional) visa (subclass 191), as there is no legislative instrument in place specifying a minimum income threshold for this visa.

Primary applicants must provide notices of assessment issued by the Australian Taxation Office (ATO) for three income years out of the five years of their eligible visa.  Primary applicants who have already lodged should check and ensure their application provides these three notices.

The Permanent Residence (Skilled Regional) visa in the Regional Provisional Stream is the pathway to permanent residence for eligible holders of the Skilled Work Regional (Provisional) (subclass 491) and Skilled Employer Sponsored Regional (Provisional) (subclass 494) visas.

Whilst this appears to be positive news, please note that legislation is yet to be released therefore this information should be taken as general information only.