Investor visa (subclass 891)

Features

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

Eligibility

You must:

  • be the primary holder of a subclass 162 visa
  • have held a designated investment of AUD 1.5 million for four years.

Length of stay

Permanently

Cost

From AUD 2,225

Learn about...​

The process

Processing time

75 per cent of applications processed90 per cent of applications processed
Unavailable due to low volume of applications. Unavailable due to low volume of applications.

Last updated 16 November 2017 (for month ending 31 October 2017)

Processing times vary.

For more information read Global visa and citizenship processing times

Eligibility

Who could get this visa

    You might be able to get this visa if:
  • you are the primary holder of an Investor (Provisional) (subclass 162) visa
  • you lived in Australia for a total of at least two years in the past of the four years immediately before you apply, while holding an Investor (Provisional) visa (subclass 162)
  • you and all your family members meet health and character requirements
  • you meet business requirements.

Your family might be eligible for this visa if you are the primary holder of an Investor (Provisional) visa (subclass 162).

Residence

You need to have been a resident in Australia as an Investor (Provisional) visa (subclass 162) holder for a total of at least two years in the four years immediately before the visa application. The two-year period in Australia does not need to be continuous.

Business

To meet the business requirements for an Investor visa (subclass 891) you (or your relevant family members) must show:

  • you, or you and your spouse or de facto partner together, have held continuously for at least 4 years, in your name or your partner's name, your designated investment in Australia of AUD1 500 000 (made for the purpose of being granted an Investor (Provisional) visa (subclass 162)
  • you have a realistic commitment to continue a business or investment activity in Australia
  • you or your partner have never been involved in unacceptable business or investment activities.

Health

You must meet certain health requirements. The results are usually valid for 12 months. Do not arrange a health examination until we ask you to.

This also applies to all the members of your family unit included in your application, whether they are migrating or not.

Character

You must meet certain character requirements. You must be prepared to provide a police certificate from each country you have lived in for 12 months or more during the past 10 years after you turned 16 years of age. Do not arrange for police certificates until we ask you to.

This applies to you and all members of your family unit listed in your application, whether they are migrating or not.

Debts to the Australian government

You must have no outstanding debts to the Australian Government or have arranged to repay any outstanding debts to the Australian Government before this visa can be granted.

This also applies to all members of your family unit listed in your application whether they are migrating or not.

The visa

About this visa

The Investor visa (subclass 891) allows you to live in Australia if you and your spouse or de facto partner together have held a designated investment in Australia for four years.

This visa allows you to manage your business and investment activities in Australia.

Members of your family unit can also apply for this visa if you have already been granted it.

It is the second stage of the Investor (Provisional) (subclass 162) visa.

What you can do

This is a permanent residence visa. It lets you and any member of your family unit who has 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).

You and your family are not able to access social security payments. You can qualify for a Special Benefit payment from Centrelink if you suffer a major change of circumstances that is beyond your control.

Cost

From AUD 2,225

    You might have to pay additional costs for:
  • Additional applicant 18 and over
  • Additional applicant under 18
Other costs

You might have to pay other costs, such as the costs of health assessments, police certificates, or any other certificates or tests. You are responsible for making the necessary arrangements.

Use the Visa pricing estimator to estimate the cost of your application.

Visa pricing estimator

Note: The estimator does not calculate additional costs.

Location

You must be in Australia when you lodge your application. Your family can be in or outside Australia.

How long the visa lasts

This is a permanent residence visa

Family

You can include the following people in your visa application at the time of lodgement:

 

  • your partner
  • your child/step-child or your partner’s child/step-child.

 

For detailed information regarding who you can include in your application see including family members in your application.

The application must include documentary evidence of their relationship to you. Members of your family unit must be able to show that they meet health and character requirements.

Members of your family unit can apply separately until your visa has been decided.

Workplace rights in Australia

Workers in Australia – including visa holders with permission to work – have rights under Australian workplace law.

The Fair Work Ombudsman’s Pay and Conditions Tool (PACT) provides information on pay rates, shift calculations, leave arrangements and notice and redundancy entitlements.

See also:Workplace rights for all visa holders working in Australia

Travel

If you apply for this visa in Australia, you would be able to get a Bridging visa that allows you to stay in the country lawfully while your application is processed. If you are given a Bridging visa A, you can apply for Bridging visa B to travel outside Australia while you wait for a decision.

Your obligations

You and your family must comply with all visa conditions and Australian laws.

You can use Visa Entitlement Verification Online (VEVO) for free to check your visa status and entitlements.

Follow these steps

  1. Before you apply

    Notify the business development agency

    Before you apply, notify the business development agency in the state or territory in which you, or a member of your family unit, intend to continue your investment activity.

    To do this, complete the notification form: Form 927 - State/Territory notification: Business Skills class (55 kB PDF).

    Send the completed form to the appropriate state or territory authority. You can notify more than one authority.

    A representative will sign, stamp and send it back to you. Include this completed form with your visa application.

    Your passport

    You need a valid passport or other travel document for this visa. If you plan to get a new passport, you should do so before applying for your visa. If you get a new passport after you have lodged your application, give the details of your new passport to one of our offices.

  2. Gather documents

    Documents

    Prepare your documents

    You need to provide documents to support your application for this visa. We can make a decision using the information you provide when you lodge your application. It is in your interest to provide as much information as possible with your application.

    Provide certified copies of original documents. Do not include original documents unless we specifically ask for them. Police certificates should be original documents. Documents not in English must be accompanied by accredited English translations.

    Some documents could take some time to obtain. You should have them ready when you lodge the application to reduce any delays in processing.

  3. Apply

    Lodge your application

    To apply for this visa you must complete: Form 47BU - Application for a Business Skills (permanent) visa (933KB PDF).

    Applications must be made by:

    (i) posting the application (with correct prepaid postage) to:

    Adelaide Business Skills Processing Centre
    Department of Immigration and Border Protection
    GPO Box 2399
    ADELAIDE SA 5001
    AUSTRALIA; or

    (ii) having the application delivered by a courier service to:

    Adelaide Business Skills Processing Centre
    Department of Immigration and Border Protection
    Level 4
    70 Franklin Street
    ADELAIDE SA 5001

    You can pay by credit card, debit card, bank cheque or money order made payable to the Department of Immigration and Border Protection.

    If you attempt to lodge an application at any other office or in any other way, it will not be a valid application and cannot be considered further.

    Email enquiries: business.skills.adelaide@border.gov.au

    More information

    Please refer to preparing your application, for information on:

    • certifying and translating documents into English
    • communicating with us
    • using a migration agent
    • authorising another person to receive information from us
    • receiving assistance with your application.
  4. After you apply

    After you have lodged your application and documents, we will acknowledge that we have received your information.

    Wait for a decision

    We have visa processing times for each visa.

    Your application could take longer if you need character or health checks (including x-rays), if you need to provide more information, or if your application is incomplete.

    In Australia

    If you apply for this visa in Australia, you would be able to get a Bridging visa that allows you to stay in the country lawfully while your application is processed. If you are given a Bridging visa A, you can apply for Bridging visa B to travel outside Australia while you wait for a decision.

    Provide biometrics

    You might be asked to provide biometrics (a scientific form of identification) as part of the application. Countries and visa subclasses included in the biometrics program has more information.

    Provide more information

      You can provide more information to us, at any time until a decision is made on the application. If you want to correct information you provided, use:
    • Form 1023 - Notification of incorrect answer(s) (99KB PDF)

    We could also ask you for more information. You will have to respond by a set date. After that date, we can make a decision about your application using the information that we have.

    If another person gives us information that could result in you being refused a visa, we will usually give you the opportunity to comment on the information.

    You might also be interviewed. If you are asked to attend an interview in person, bring your passport or other identification and any requested documents to the interview.

    Tell us of changes

    You must tell us if your circumstances change. This includes a new residential address, a new passport, or a pregnancy, birth, divorce, separation, marriage, de facto relationship or death in your family.

    More information is available in the Tell us of changes tab.

    Visa decision

      If the visa is granted, we will let you know:
    • when you can use the visa
    • the visa grant number
    • any conditions attached to the visa
      If the visa is not granted, we will let you know:
    • why the visa was refused
    • your review rights (if any). Where applicable, your sponsor can apply for the decision to be reviewed
    • the time limit for lodging an appeal.

Tell us of changes

Report changes in your circumstances

Please report changes in your circumstances via ImmiAccount. If you are not able to use ImmiAccount, you can use the following forms:

  • Form 929 - Change of address and/or passport details (86KB PDF)- if you move to a new address or change your passport
  • Form 1022 - Notification of changes in circumstances (77KB PDF) — if there are other changes in your circumstances.

If you do not provide us with the details of any new passport issued to you, you could experience significant delays at the airport and may be denied permission to board your plane.

Withdrawing your visa application

You can withdraw the application at any time before we make a decision about it. To do this, send us a letter or email to ask for the withdrawal. Your request must include your full name and date of birth. You should also include your file reference number, client ID, or a Transaction Reference Number.

All applicants 18 years of age or older, wishing to withdraw, must sign the request for withdrawal.

Estimate the cost of your visa

* Price will be displayed in Australian dollars unless changed.
The following Visa Pricing Estimator requires you to answer the questions as accurately as possible to provide you with an estimate for lodging a visa application. The estimator might not include the second instalment of the visa application charge which is payable for some visas. Please note this is an estimate for a visa application, if you have already lodged your application and you want to change/add applicants please refer to the Visa Pricing Table. The Department of Immigration and Border Protection Visa Pricing Estimator will give you an estimate of the charges you may need to pay to lodge a visa application. This is paid after you have made your application but before the visa can be granted. Read the department's full disclaimer. The Commonwealth of Australia does not guarantee the accuracy, currency or completeness of any material in the Visa Pricing Estimator.