This is a permanent visa aimed at skilled migrants who have already held a relevant provisional visa.
To be eligible for permanent residency in Australia, applicants must have held a qualifying visa such as the Subclass 491 (Skilled Work Regional Provisional) visa or the Subclass 494 (Skilled Employer-Sponsored Regional (Provisional)) visa. They must have resided in a designated regional area for at least 3 years and have earned the specified income amount during that time.