State or Territory Sponsored Investor visa (subclass 893)

The State or Territory Sponsored Investor visa (subclass 893) is a permanent resident visa that is available to holders of the subclass 165 State/Territory Sponsored Investor (Provisional) visa who have held a designated investment of AUD750,000 for 4 years. This visa allows individuals to continue their business or investment activity in Australia and provides a pathway to Australian citizenship.

Process

In order to be eligible for the State or Territory Sponsored Investor visa (subclass 893), applicants must:

• Hold a Subclass 165 - State/Territory Sponsored Investor (Provisional) visa
• Be committed to continuing their business or investment activity in Australia
• Continue their business and investment activity in Australia

With this visa, you can

With the State or Territory Sponsored Investor visa (subclass 893), individuals can:

• Stay in Australia permanently
• Continue their business and investment activity in Australia
• Apply for Australian citizenship, if eligible

Visa Stay

The State or Territory Sponsored Investor visa (subclass 893) is a permanent visa, allowing individuals to stay in Australia indefinitely.

Visa Cost

The cost of the State or Territory Sponsored Investor visa (subclass 893) varies depending on the individual's circumstances. For an accurate estimate of the visa cost, individuals can use the Visa Pricing Estimator provided by the Department of Home Affairs.

Visa Processing Time

The processing time for the State or Territory Sponsored Investor visa (subclass 893) can vary depending on individual circumstances. For an indication of processing times, individuals can use the visa processing time guide tool provided by the Department of Home Affairs. Please note that this tool provides a general guide and processing times may vary.

See All Conditions

For a comprehensive list of conditions associated with the State or Territory Sponsored Investor visa (subclass 893), individuals can refer to the Department of Home Affairs website.

Your Obligations

As a holder of the State or Territory Sponsored Investor visa (subclass 893), it is important to adhere to all Australian laws and meet the business obligations associated with the visa.

Travel

With the State or Territory Sponsored Investor visa (subclass 893), individuals can travel to and from Australia for 5 years from the date of visa grant. After 5 years, individuals will need to obtain a Resident Return (RRV) visa (subclasses 155 and 157) to re-enter Australia as a permanent resident.

Have this Visa

The State or Territory Sponsored Investor visa (subclass 893) is available to individuals who are the primary holders of the State/Territory Sponsored Investor (Provisional) visa (subclass 165).

Meet the Residence Requirement

In order to meet the residence requirement for the State or Territory Sponsored Investor visa (subclass 893), individuals must have been resident, as the holder of a State/Territory Sponsored Investor (Provisional) visa (subclass 165), in the state or territory of their sponsoring authority for at least 2 years in the 4 years immediately before submitting their visa application.

Meet Business Requirements

In order to meet the business requirements for the State or Territory Sponsored Investor visa (subclass 893), individuals must:

• Have held continuously for at least 4 years, in their name or their name and their partner's name, a designated investment of at least AUD750,000 made for the purpose of being granted a State/Territory Sponsored Investor (Provisional) visa (subclass 165)
• Have a genuine and realistic commitment to continue a business or investment activity in Australia
• Never have been involved in unacceptable business activities

Have a Sponsor

In order to be eligible for the State or Territory Sponsored Investor visa (subclass 893), individuals must be sponsored by the regional authority in the state or territory in which they have lived for at least 2 years in the 4 years immediately before applying for the visa.

Before You Apply

Prior to applying for the State or Territory Sponsored Investor visa (subclass 893), individuals must obtain sponsorship from the regional authority in the state or territory in which they have lived for at least 2 years in the 4 years immediately prior to the visa application.

Get Help with Your Application

If individuals require assistance with their visa application, it is important to seek help from a registered migration agent, legal practitioner, or exempt person. They can provide guidance and support throughout the application process.

Gather Your Documents

When applying for the State or Territory Sponsored Investor visa (subclass 893), individuals must provide various documents to support their application. These may include:

• Identity documents, such as a passport
• Proof of change of name, if applicable
• Photos
• Evidence of residence in the sponsoring state or territory
• Evidence of the designated investment
• Documents demonstrating a commitment to business or investment activity
• Business or investment record and history
• Partner documents, if applicable
• Dependent documents, including birth certificates or adoption papers
• Character documents, such as police certificates
• Consent forms for dependent children

Apply for the Visa

To apply for the State or Territory Sponsored Investor visa (subclass 893), individuals must submit their application while in Australia. Family members can be in or outside Australia, but not in immigration clearance. The application should be submitted by mail or courier to the Adelaide Business Skills Processing Centre.

After You Apply

After submitting the application, individuals will receive confirmation of receipt from the Department of Home Affairs. There are various steps and requirements that individuals may need to fulfill during the processing of their application, including health examinations, biometrics, providing additional information or documents, and staying lawful in Australia.

In Australia

Once the State or Territory Sponsored Investor visa (subclass 893) is granted, individuals can stay in Australia indefinitely, work and study in Australia, enroll in Australia's public health care scheme (Medicare), sponsor relatives to come to Australia, and travel to and from Australia for 5 years. It is important to adhere to Australian laws and continue business activity in Australia.

Leaving Australia

When leaving Australia, individuals must ensure they have a valid passport or travel document and check the validity of their visa for re-entry. It is recommended to use SmartGate for faster airport departures. It is also possible to request international movement records for proof of travel in and out of Australia.