Investor (Provisional) (Subclass 162)
How this Visa Works
On this page
This visa is a temporary visa, and the first step towards being granted a permanent Business Skills visa. You must be outside Australia when this visa is granted.
Exception: Secondary applicants may be in Australia when their visa is granted if they are on a student visa.
You may be eligible for a permanent Business Skills visa after holding this visa for a minimum of two years. To be eligible for a permanent Business Skills visa you must meet all the obligations of this visa and additional requirements of the permanent Business Skills visa you apply for. Meeting these requirements may take you longer than two years.
After two years you may be eligible to apply for one of the following visas:
- Investor (residence)
or - State/Territory Sponsored Investor (residence)
- State/Territory Sponsored Business Owner (residence)
- Business Owner (residence)
Visa validity period
This visa is valid for four years from date you first enter Australia on this visa. Your first entry to Australia must be made before the ‘entry expiry date’ which will be specified in your visa grant notification. For secondary applicants who are in Australia when their visa is granted validity will be four years from the date of grant.
Bringing family
The following people may be included in your application:
- your partner
- your or your partner's dependent children
- other dependent relatives living with you.
With this visa you are unable to access Medicare, the Australian Government medical expenses and hospital care scheme.
See: www.medicare.gov.au
Private Health Insurance is available to you, but it is not a requirement for the grant of this visa.
See:
www.health.gov.au
www.phiac.gov.au
Family assistance
With this visa you are unable to access family assistance.
See: www.familyassist.gov.au
Social security
With this visa you are unable to access social security payments.
See: www.centrelink.gov.au
Investor (provisional) visa definitions
Definitions are available to help you understand the information on these pages.
See: Definitions
