State/Territory Sponsored Investor Visa (Subclass 893)2019-03-12T12:32:53+00:00

Subclass 893

State/Territory Sponsored Investor Visa

This visa is a permanent residence business visa for eligible State/Territory Sponsored Investor (Provisional) visa (subclass 165) holders.

Subclass 893

State/Territory Sponsored Investor Visa

This visa is a permanent residence business visa for eligible State/Territory Sponsored Investor (Provisional) visa (subclass 165) holders.

State/Territory Sponsored Investor (Permanent) Visa (Subclass 893)

This visa is a permanent residence business visa that eligible State/Territory Sponsored Investor (Provisional) visa (subclass 165) can apply for. This visa allows you to manage your business and investment activities in Australia.

What are the requirements for the 893 visa?

You might be eligible for this visa if:
  • you are the primary holder of a State/Territory Sponsored Investor (Provisional) visa (subclass 165)
  • you have held a designated investment of AUD 750,000 for four years
  • you are sponsored by a state or territory authority
  • you lived in Australia for at least two of the four years immediately before you apply
  • you have a genuine and realistic commitment to continue to maintain business or investment activities in Australia
  • you and your partner have never been involved in unacceptable business activities
  • you and all your family members meet health and character requirements
  • you meet business requirements
  • you met all the conditions of your provisional visa.
  • members of your family unit might be eligible for this visa if you are the primary holder of a State/Territory Sponsored Investor (Provisional) visa (subclass 165).

What are the benefits of the 893 visa?

This is a permanent residence visa. It lets you and any family members who have also been granted this visa:
  • stay in Australia indefinitely
  • work and study in Australia
  • enrol in Medicare, Australia’s scheme for health-related care and expenses
  • apply for Australian citizenship (if you are eligible)
  • sponsor eligible relatives for permanent residence
  • travel to and from Australia for five years from the date the visa is granted (after that time, you will need a resident return visa or another visa to return to Australia).

How we can help you?

Better Life Migration can help you navigate the complex legal maze to obtain a business visa. Our migration team has the expertise and experience to deliver complete immigration solutions.

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