Australia State or Territory Sponsored Investor Visa

Secure Your Australian Future with the 893 Visa: Expert Assistance!

About Australia State/Territory Sponsored Investor Visa:
The State or Territory Sponsored Investor (Permanent) Visa Subclass 893 empowers applicants with a minimum investment of AUD 750,000, sustained for at least four years. An essential prerequisite is holding the Subclass 165 – Territory or State-Sponsored Provisional Visa. Under Subclass 893 Visa, individuals can seamlessly continue their business activities and explore diverse investment opportunities.Furthermore, the subclass 893 visa facilitates the sponsorship of loved ones who desire to join and settle in the country alongside the primary applicant. Upon meeting eligibility criteria, applicants gain the opportunity to pursue Australian Citizenship. Unrestricted travel to one's home country is permissible throughout the initial five years, following which an application for a Resident Return Visa (RRV) is mandatory for subsequent visits to Australia.
Eligibility Criteria For Australia 893 Visa:
- Investment Requirement: You must be willing to invest a significant amount of funds in a designated investment in Australia. The amount required can vary depending on the specific Investor (Permanent) Visa subclass and the sponsoring state or territory.
- Actual Net Worth: Applicants are usually required to have a certain level of net worth to demonstrate their ability to make the investment and support themselves and their family in Australia.
- Age Criteria: Some Investor (Permanent) Visa subclasses may have age restrictions, typically requiring applicants to be under a certain age limit at the time of application.
- Requirements Of Health and Character: All applicants must meet health and character requirements, which may include undergoing medical examinations and providing police clearance certificates for subclass 893 visa.
Application Process For Australia 893 Visa:
- You must be nominated by a state or territory government agency in Australia before you can apply for the visa, which is essential. Each state or territory government has its own criteria for nominating applicants, so you'll need to research and contact the relevant agency for nomination.
- Gather all necessary documents, including identification documents, evidence of designated investment, proof of financial stability, health examinations, and police clearance certificates.
- Go to the Australian Department of Home Affairs website and create an ImmiAccount. This is where you will lodge your visa application and also manage correspondence with the Department.
- Fill out the State Sponsored Investor Visa (Subclass 893) application form online through your ImmiAccount. Provide accurate information and attach all required documents.
- Make sure to pay the visa application fee online through your ImmiAccount. The overall fee varies depending on your circumstances and can be paid using a credit card.
- Once you complete the application form and attach all necessary documents, submit your application online through your ImmiAccount.