State or Territory Sponsored Investor Visa (subclass 893)

The State/Territory Sponsored Investor visa (subclass 893) is for people who are sponsored by a state or territory authority and have held a designated investment in Australia for four years.

This is a permanent residence visa. An individual will be able to travel in and out of Australia for five years.

Who could be eligible for this visa: 

Any individual can apply for this visa if:

  • They are the primary holder of a State/Territory Sponsored Investor (Provisional) visa (subclass 165)- closed to new applications​.
  • They are sponsored by a state or territory authority
  • They have lived in Australia for at least two of the four years immediately before they apply
  • They have a genuine and realistic commitment to continue to maintain business or investment activities in Australia
  • They and their partner have never been involved in unacceptable business activities
  • The individual and all their family members meet health and character requirements
  • They meet business requirements
  • neither they nor their spouse or de facto partner has ever been involved in unacceptable business activities
  • They met all the conditions of their provisional visa.

Members of their family unit might be eligible for this visa if they are the primary holder of a State/Territory Sponsored Investor (Provisional) visa (subclass 165)- closed to new applicants.

What this visa allows for:

This is a permanent residence visa. It allows the individual and any family members who have also been granted this visa to:

  • Stay in Australia indefinitely
  • Work and study in Australia
  • Enroll in Medicare, Australia’s scheme for health-related care and expenses
  • Apply for Australian citizenship(if they 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, the individual will need a resident return visa or another visa to return to Australia).

Business requirements

The individual, or their spouse or de facto partner together must:

  • Have held continuously for at least 4 years, in their name or their partner’s name, their designated investment of at least AUD750 000 made for the purpose of being granted a State/Territory Sponsored Investor (Provisional) visa.
  • Have a genuine and realistic commitment to continue a business or investment activity in Australia.

The individual and their family are not able to access social security payments.

They may qualify for a Special Benefit payment from Centrelink if they suffer a major change of circumstances that is beyond your control.

In addition to the above-mentioned conditions, there are other factors and criteria to be taken into consideration.

For more information and eligibility requirement please Contact us or complete the Assessment Form and email us.