State or Territory Sponsored Investor visa 893
893 Visa Australia
State or Territory Sponsored Investor visa australia
This is a permanent resident visa for subclass State/Territory Sponsored Investor (Provisional) visa (subclass 165) holders and who have held a designated investment of AUD750,000 for 4 years.
Stay: Permanently
Processing times: Unavailable due to low volume of applications
- you must hold a Subclass 165 - State/Territory Sponsored Investor (Provisional) visa
- you must be committed to continuing your business or investment activity in Australia
- you must continue your business and investment activity in Australia
With this visa, you can
- stay in Australia permanently
- continue your business and investment activity in Australia
- apply for Australian citizenship, if eligible
You must
- hold a Subclass 165 – State/Territory Sponsored Investor (Provisional) visa
- be committed to continuing your business or investment activity in Australia
- continue your business and investment activity in Australia
With this visa, you can
- stay in Australia permanently
- work and study in Australia
- enrol in Australia’s public health care scheme, Medicare
- sponsor your relatives to come to Australia
- travel to and from Australia for 5 years
- if eligible, become an Australian citizen
Newly arrived residents may have to wait before they can access certain Australian Government payments and benefits.
How long you can stay
For citizenship purposes, your permanent residency starts on the day:
- we grant the visa, if you are in Australia
- you enter Australia on this visa, if you are outside Australia
Include family
You can include members of the family unit in your application. You can:
- include them when you lodge your visa application
- add them after you lodge your application but before we decide on your visa
Members of the family unit who apply for the visa must meet our health and character. Family members not accompanying you to Australia may also need to meet our health and character requirements.
Apply from
You must be in Australia when you submit your application. Members of your family unit can be in or outside Australia but not in immigration clearance.
You must hold an eligible visa to make a valid application for this visa.
Processing times
We assess applications on a case-by-case basis, and actual processing times can vary due to individual circumstances including:
• whether you have lodged a complete application, including all necessary supporting documents
• how quickly you respond to any requests for additional information
• how long it takes to perform required checks on the supporting information provided
• how long it takes to receive additional information from external agencies, particularly in relation to health, character, and national security requirements
• for permanent migration visa applications, how many places are available in the migration program
Your obligations
You, and members of your family unit, must obey all Australian laws.
You must meet your business obligations.
Travel
Visa label
We will digitally link your visa to your passport. You will not get a label in your passport.
Have this visa
You can apply for this visa if you are the primary holder of State/Territory Sponsored Investor (Provisional) visa (subclass 165).
Meet the residence requirement
You must have been resident, as the holder of a State/Territory Sponsored Investor (Provisional) visa (subclass 165), in the State or Territory of your sponsoring authority for at least 2 years in the 4 years immediately before you submit your visa application.
The 2-year period does not have to be continuous.
Meet business requirements
You, or you and your partner together, must:
- have held continuously for at least 4 years, in your name or your name and your partner‘s name, your 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 been involved in unacceptable business activities
Have a sponsor
You must be sponsored by the regional authority in the state or territory in which you have lived for at least 2 years in the 4 years immediately before you apply for this visa.
Be this age
There is no age limit for this visa.
Meet our health requirement
You and any family members included in your application must meet our health requirement health requirement.
In some circumstances you will not have to do medicals again to meet the health requirement.
You should not do medicals until we ask you to do so.
Meet our character requirement
You, and family aged 16 years and over who apply for the visa with you, must meet our character requirement.
Family members not accompanying you to Australia must also meet the requirement
Sign the Australian values statement
All applicants who are 18 years of age or older, must:
- have read, or had explained to them, the Life in Australia and
- confirm they will respect the Australian way of life and obey Australian laws when they sign an Australian Values Statement
Have paid back your debt to the Australian government
If you or any family members (including those who don’t apply for the visa with you) owe the Australian Government money, you or they must have paid it back or arranged to pay it back.
Not have had a visa cancelled or a previous application refused
You might not be eligible for this visa if you have had a visa cancelled or refused while you were in Australia.
Read And Associates offer Professional Guidance
Here at Read and Associates our team of migration agents can provide you with the appropriate guidance and advice which will help you put forth the best visa application possible. Specialising in applications for medical professionals, we would welcome the opportunity to discuss how we can work with you. Book a consultation to find out more.
