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State/Territory Sponsored Investor visa (subclass 893)

How to apply for State or Territory Sponsored Investor Visa Subclass 893?

It’s a permanent Visa for the individuals who have a sponsorship from a state or territory authority and have held a designated investment in Australia for four years.

Requisites of the Visa:-

  • If you are a holder of a State/Territory Sponsored Investor (Provisional) visa (subclass 165)
  • You have lived for at least two years out of four immediately before lodging the visa application.
  • You have a genuine commitment to maintain investment in Australia.
  • You, along with your partner, has not been involved in any illegal business activities ever.
  • You, along with your partner, hold good moral and health conduct.
  • You meet all the conditions of the provisional business visa.
  • have held continuously for at least four years, in your name or your partner’s name, your designated investment of at least AUD750 000 made to get a State/Territory Sponsored Investor (Provisional) visa (subclass 165) approval
  • You must not have any outstanding debts to the Australian Government or must have arranged to pay the same if any.

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 Privileges of the Visa:-

  • Provides you right to live in Australia indefinitely.
  • An applicant can work in Australia during your stay.
  • An applicant can enroll in Medicare, Australia’s scheme for health-related care and expenses.
  • Allows you to apply for citizenship if you meet specific requirements.
  • Allows you to move to and fro for five years starting from the day visa is granted.
  • You can sponsor your relatives for permanent residency.

  How much the visa costs:-

  • The State/Territory Sponsored Investor visa (subclass 893) visa-2180$(Base Application Charge)
  • Additional Applicant Charge 18 and over-1090$
  • Additional Applicant Charge 18 and under-545$

Additional charges:-

  • Medical Examination:-To be paid directly to the doctor conducting a medical examination
  • Police check:-To the corresponding authorities in the respective countries where you have lived for more than 6/12 months depending on the visa subclass
  • Certification/Translation of Docs-Depending on the certifying person and number of copies to be certified.

If you seek documentation assistance for Australia PR Visa, you may contact Visas Avenue immigration expert on Toll-Free Number- 78-18-000-777. Alternatively, e-mail your queries to info@visasavenue.com.

Disclaimer: Visas Avenue does not deal with any job or job assistance services. Visas Avenue is not a job recruitment agent or job service provider. Visas Avenue does not offer consultancy on / overseas jobs/work permits/international or domestic placements.

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