No, a Subclass 494 visa does not grant you an Australia PR but only acts as a pathway for permanent residency. The Subclass 494 visa or the Skilled Employer Sponsored Regional Visa is a temporary visa that allows qualifying individuals to reside and work in a designated Australian regional area for a maximum of 5 years. You cannot directly get PR with a Subclass 494 visa. To be eligible for permanent residency in Australia, you must apply for a Subclass 191 visa after holding the Subclass 494 visa for at least 3 years. You can permanently settle in Australia after qualifying for the Subclass 191 visa.
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Requirements for a Subclass 191 visa
The requirements to qualify for a Subclass 191 visa are as follows:
- Have possessed the Subclass 494 visa for a minimum of 3 years
- Your occupation must be listed on the skilled occupation list
- You must have met the Subclass 494 visa conditions
- Must have resided and worked in any of the designated regional areas of Australia for a minimum of 3 years
- Must have earned the minimum income requirements set by the Australian government in the 3 years of holding the visa
- You must continue to have a sponsorship from a regional employer in Australia
- Fulfill the character and health requirements

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How to get Australian PR with a Subclass 191 visa?
To be eligible for a Subclass 191 visa, you must have held the Subclass 494 visa for at least 3 years. You must also meet the Subclass 191 visa requirements to apply for an Australian PR.
You can follow the steps given below to apply for a Subclass 191 visa:
Step 1: Fulfil the eligibility requirements for a Subclass 191 visa
Step 2: Arrange the required documents
Step 3: Apply for the Subclass 191 visa
Step 4: Await the visa status
Step 5: If approved, you will be granted residency in Australia.
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