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Visas, Immigration and Refugees

Business People

State/Territory Sponsored Investor (Residence) (Subclass 893)

About this Visa


This visa is designed for investors/business people who:

  • have an overall successful record of business or investment activities
  • have significant net assets
  • are willing to invest funds in a designated investment in Australia for four years
  • have a genuine commitment to maintain business and investment activity in Australia.
  • hold an Investor (provisional) visa
  • are sponsored by a state/territory authority.

Who is this visa for?

Investors from overseas who are willing to make a designated investment in Australia, and their family.

How much will this visa cost?

You must pay a non-refundable visa charge when you lodge your visa application.
See: Business Development Visa Charges

What does this visa let me do?

With this visa you can:

  • work
  • travel in and out of Australia any number of times as long as the visa is valid
  • study in Australia
  • have your family accompany you to Australia. They will have access to work and study rights
  • become a permanent resident of Australia.
  • live in Australia as a permanent resident for five years (after 5 years, you will need to apply for a resident return visa).
    See: Returning Residents