This is a permanent resident visa for subclass State/Territory Sponsored Investor (Provisional) visa (subclass 165) holders and who have held a designated investment of AUD750,000 for 4 years.
You must be in Australia when you submit your application. Members of your family unit can be in or outside Australia but not in immigration clearance.
You must hold an eligible visa to make a valid application for this visa.
BASIC ELIGIBILITY
You must:
- hold a Subclass 165 – State/Territory Sponsored Investor (Provisional) visa
- be committed to continuing your business or investment activity in Australia
- continue your business and investment activity in Australia
WHAT YOU CAN DO
This visa allows you to:
- stay in Australia permanently
- continue your business and investment activity in Australia
- apply for Australian citizenship, if eligible
- work and study in Australia
- enrol in Australia’s public health care scheme, Medicare
- sponsor your relatives to come to Australia
- travel to and from Australia for 5 years
INCLUDE FAMILY
You can include members of the family unit in your application. You can:
- include them when you lodge your visa application
- add them after you lodge your application but before we decide on your visa
Members of the family unit who apply for the visa must meet our health and character. Family members not accompanying you to Australia may also need to meet our health and character requirements.