Why apply for a Subclass 893 Visa?

• Stay in Australia permanently
• Eligible to work and study
• FREE healthcare scheme
• Sponsor your relatives
• Travel to and from Australia
• Become a permanent citizen if eligible

 

State or Territory Sponsored Investor (Subclass 893) Visa

The State or Territory Sponsored Investment (Subclass 893) Visa allows successful investors to permanently live in Australia. To be eligible for this visa, investors must hold a provisional Sponsored Investor visa, maintain a designated investment in Australia for at least four years, and be sponsored by a state or territory authority.

 

Benefits of Subclass 893

• Become a permanent citizen of Australia and stay indefinitely in the country
• Allowed to work and study while staying in the country
• Enrol in the public healthcare scheme of Australia
• Invite your relatives who are eligible to come to Australia
• Travel to and from Australia for 5 years without needing any special permission
• Apply for Australian citizenship, if available

 

Eligibility for Subclass 893 Visa

• Hold State or Territory Sponsored Investor (Provisional) visa (subclass 165)
• Must be resident in Australia for at least 2 years in 4 years before applying for your visa application
• You and your partner must meet business requirements such as
  • At least 4 years of business in your name or on a combination of yours and your partner's. In this partnership, your investment should be at least AUD 750,000
  • Have a real interest in continuing a business or investment activity in Australia
  • Do not involve in business activities that are not accepted in Australia
• Be sponsored by the regional authority in the state or territory in which you have stayed for at least 2 years in the 4 years before applying for this visa.
• No age limit for this visa.
• Meet Australia’s character and health requirements.
• Sign the Australian values statement.

 

Steps to Apply for Subclass 893 Visa

Step 1: Check your eligibility
Step 2: Arrange the checklist of documents required
Step 3: Apply for the "Subclass 893" Visa
Step 4: Wait for the Visa Status
Step 5: Move to Australia

 

Cost of Subclass 893 Visa

The cost of a Subclass 893 Visa is AUD 2,810.00.

 

Processing Time for Subclass 893

The processing time for Subclass 893 usually takes 1 month.

 

How can Y-Axis help you?

Y-Axis has been providing unbiased and personalized immigration-related assistance for more than 25 years. Our team of experienced immigration experts is here to provide end-to-end support to help you migrate to Australia. Our services include:

• Free eligibility check through the Australia Immigration Points Calculator
• Expert guidance/consultation for Australia Immigration
• Coaching services: Expert PTE coaching, IELTS proficiency Coaching 
• Free career consultation: Book your slot today
• Complete guidance for Australia PR visa
• Job search services to find related jobs in Australia