State or Territory Sponsored Investor
(Residence) Visa (Subclass 893)
The State or Territory Sponsored Investor Residence Visa (Subclass
893) is for people who have previously held an
Investor Provisional Visa Subclass 162 or a
State or Territory
Investor Provisional Visa, Subclass 165 and have already established a business in Australia, or become
successful in an 'already-running' purchased business. You cannot apply for
this visa unless you have previously held one of the Provisional visas. If you are
considering moving to Australia on the Provisional visa in this class,
check on the requirements for the permanent visa too as you will have to
apply for the PR visa before the Provisional visa expires.
Once you
have become established in business here, the Residence visas are not
difficult. In fact, the requirements for the Residence visas are lower
than they are for the Provisional visas. This is because the
Australian government is keen to encourage enterprising and skilled
business managers to remain in Australia.
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Visa. Our cost for this valuable information is only AUD$69(USD$50, EUR€40, GBP£28)
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