State or Territory Sponsored Investor Visa (Subclass 893)

The State or Territory Sponsored Investment Visa allows successful investors to live permanently in Australia. To be eligible for this visa, investors must hold a provisional Sponsored Investor visa, have maintained a designated investment in Australia for at least four years and be sponsored by a state or territory authority.

Visa Requirements

To be eligible for this visa applicant must:

  • hold a provisional State/Territory Sponsored Investor visa (subclass 165)
  • have been in Australia as the holder of that visa for a total of at least two years during the last four years
  • be sponsored by an Australian State or Territory authority

Investment

  • You (and your spouse/de facto partner, if applicable) must have continuously held a designated investment of at least A$750,000 in Australia for at least four years
  • You (and your spouse/de facto partner, if applicable) have never been involved in unacceptable business or investment activities
  • You are committed to maintaining investment activity or a business in Australia

Subclass 893 visa is a temporary visa valid for up to 4 years and permits the applicant to live and work in Australia. Immediate family members (such as a partner and dependent children) included on the application are also entitled to live, work and study in Australia. This visa also establishes a pathway to permanent residence, upon satisfying specific requirements