- The investor and your family members must obey the rules & regulations of Australia.
- Meeting business obligations are important.
The State or Territory Sponsored Investor visa grants, investors, to live in Australia permanently. This visa allows you to continue investing in your business in Australia. To be entitled to this visa, you must have a Subclass 165 (provisional) State/Territory Sponsored Investor visa. The investor needs to have a designated investment in Australia for at least 4 years. Additionally, should have got the sponsorship by a territory or state authority.
Visa allows you to:
Note: Newly arrived citizens have to wait before they can use certain benefits and payments of Australian Government.
The permanent residency for the Subclass 893 Visa will start when the visa is granted (you need to be in Australia). In case you are outside, you enter on this visa in Australia.
For the main applicant, the visa cost is AUD2,450. There is an extra charge if the applicant is less than functional English (18 years or older). This is known as the second installment. This charge will be paid only if you are requested to and its cost is AUD4,890.
At the border if an immigration officer processes your clearance then you have to show:
If you get the 444 visa, the permanent visa will be ceased which will affect the permanent citizenship eligibility.
The investor should be the resident as the holder of the Subclass 165 State/Territory Sponsored Investor (Provisional) visa. The period should be 2 years and it doesn't need to be continuous.
You and your partner should not be involved in any unwanted business activity. For at least 4 years, there should be an investment of AUD750, 000 to fulfill the need of getting permission by the State/Territory Sponsored Investor visa (subclass 165).
To get this visa there is no age requirement.
Stage 1: Sponsorship Application
Stage 2: Visa Application