State/Territory Sponsored Investor visa (subclass 893)

Features

This 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 165 visa
  • have held a designated investment of AUD 750,000 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 18 September 2017 (for month ending ​31 August 2017)

Processing times vary.

For more information read Global visa and citizenship processing times

Eligibility


Who could get this visa

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.

    You can apply for this visa if:
  • you are the primary holder of a State/Territory Sponsored Investor (Provisional) visa (subclass 165).
  • 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
  • neither you nor your spouse or de facto partner have ever been involved in unacceptable business activities
  • 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).

Business

    You, or your spouse or de facto partner together must:
  • have held continuously for at least 4 years, in your name or 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.

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 also applies to all members of your family unit in the application who are 16 years of age or older.

This also applies to 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.

The visa

About this visa

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.

You can apply for this visa if you already hold a State/Territory Sponsored Investor (Provisional) visa (subclass 165).

What you can do

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

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

  • 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 may 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, 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 also 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 should fulfil your business obligations.

    Follow these steps

    1. Before you apply

      Sponsorship

      Unless you are applying as a family member, you must get sponsorship from the regional authority in the state or territory in which you have lived for at least two years in the four years immediately prior to visa application.

      To do this you must complete the sponsorship form: Form 949 - State/Territory notification: Business Skills class (55 kB PDF).

      Send the completed form to the appropriate state or territory 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 prove the claims you make in the application.

      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

      Apply for the visa on paper

        To apply you must complete:
      • Form 47BU - Application for a Business Skills (permanent) visa (933KB PDF).
      • Form 949 - State/Territory sponsorship: Business Skills class (115KB PDF).

      Lodge your application with the Adelaide office in South Australia - attention Adelaide Business Skills Processing Centre. Failure to lodge in this manner may result in your visa application being invalid. You must provide all relevant documents and pay the visa application charge by credit card when you apply.

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

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

      More information

      There is more information to help you prepare your application, such as certifying and translating documents into English, communicating with us, using a migration agent, authorising another person to receive information from us, and receiving assistance with your application.

      If you need help with your application, contact the Adelaide office in South Australia - attention Adelaide Business Skills Processing Centre.

    4. After you apply

      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.

      Send more information or documents

        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

      You will not have a visa label placed in your passport

        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

    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.

    If you are 18 years of age or older, you must sign the letter of withdrawal or send a separate email or letter.

    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.