Australia Investor Visa (Subclass 891): Requirements and Benefits

Overview of Australia Investor Visa (Subclass 891)

If you are looking to invest in Australia and obtain permanent residency, the Australia Investor Visa (Subclass 891) might be the right choice for you. This visa is designed for people who have a successful business career and want to invest in Australia.

To be eligible for this visa, you must be nominated by an Australian state or territory government agency and have a minimum of AUD 1.5 million in assets. You must also have a successful business career and be willing to invest at least AUD 750,000 in an Australian state or territory government security for four years.

Once you obtain the Australia Investor Visa (Subclass 891), you will be granted permanent residency in Australia. This means that you can live, work, and study in Australia indefinitely. You will also be eligible for Medicare, Australia’s public healthcare system.

One of the advantages of the Australia Investor Visa (Subclass 891) is that it has no age limit. This means that you can apply for this visa at any age, as long as you meet the eligibility criteria. You can also include your family members in your visa application, which means that they will also be granted permanent residency in Australia.

Another advantage of this visa is that it has a relatively fast processing time. Once you submit your visa application, you can expect to receive a decision within 12 to 18 months.

Overall, the Australia Investor Visa (Subclass 891) is a great option for people who want to invest in Australia and obtain permanent residency. If you meet the eligibility criteria, you should consider applying for this visa to take advantage of the many benefits it offers.

Eligibility and Requirements

To be eligible for the Australia Investor visa (subclass 891), you must meet certain requirements and eligibility criteria. Here are the key requirements you need to know:

Eligibility Criteria

To be eligible for the Investor visa (subclass 891), you must:

be nominated by a state or territory government agency
be invited to apply
be under 55 years of age, unless you can demonstrate that you will make an exceptional economic benefit to the nominating state or territory
have a successful record of eligible investment or business activity
have a genuine and realistic commitment to continuing your business or investment activity in Australia after the original investment has matured
have a net value of at least AUD2.25 million for the two fiscal years immediately before you are invited to apply
have a total of at least AUD1.5 million in eligible investments in Australia for four years.

Business Requirements

To be eligible for the Investor visa (subclass 891), you must also meet certain business requirements. These include:

having a successful record of eligible investment or business activity
having a genuine and realistic commitment to continuing your business or investment activity in Australia after the original investment has matured
not being involved in unacceptable business activities.

Character and Health Requirements

As with all Australian visas, you must meet certain character and health requirements to be eligible for the Investor visa (subclass 891). These include:

providing a police certificate from each country in which you have lived for 12 months or more during the past 10 years since you turned 16 years of age
meeting certain health requirements.

Residence Requirement

To be eligible for the Investor visa (subclass 891), you must also meet certain residence requirements. These include:

living in Australia for at least two years in the four years immediately before you apply
being in Australia when you apply for the visa and when the visa is granted.

Australian Values Statement

As part of your application for the Investor visa (subclass 891), you must also sign an Australian Values Statement. This statement confirms that you will respect the Australian way of life and obey Australian laws.

Application Process and Checklist

Applying for an Australia Investor visa (subclass 891) can be a complex and time-consuming process. To ensure a smooth application process, it is important to follow a checklist of requirements and steps.

Application Process

The application process for an Australia Investor visa (subclass 891) involves several steps. First, you must ensure that you meet the eligibility criteria, which includes having a net worth of at least AUD 2.25 million and investing at least AUD 1.5 million in an Australian state or territory.

Once you meet the eligibility criteria, you must submit an Expression of Interest (EOI) through the SkillSelect system. If your EOI is accepted, you will receive an invitation to apply for the visa. You must then submit a formal visa application, along with all the required documents and fees.

Checklist

To ensure that your application is complete and accurate, it is important to follow a checklist of requirements. The checklist should include the following items:

Proof of net worth and investment funds
Business and investment experience
Evidence of health insurance
English language proficiency
Police clearance certificates
Evidence of compliance with Australian taxation laws
Proof of compliance with Australian investment and business regulations

It is recommended that you seek the services of a migration expert in Australia to guide you through the application process. Registered migration agents can provide you with timely and accurate advice, and ensure that your application is complete and meets all the requirements.

Cost

The cost of an Australia Investor visa (subclass 891) can vary depending on several factors, including the complexity of your application and the services of the migration expert you choose. However, the cost should be reasonable and transparent, and you should be provided with a clear breakdown of all fees and charges.

Conclusion

Applying for an Australia Investor visa (subclass 891) can be a complex process, but by following a checklist of requirements and seeking the services of a migration expert, you can ensure a fast and successful application.

Investment and Business Details

To apply for the Australia Investor visa (subclass 891), you must be nominated by a state or territory government and have held a designated investment of AUD1.5 million for four years. The visa is designed for those who have a successful history of investment activities and want to continue their investment in Australia.

Under this visa, you can carry out business activities in Australia, including establishing, developing, and managing a new or existing business. You can also invest in an Australian state or territory government security, eligible managed funds, or direct investment in Australian proprietary companies.

As a visa holder, you can apply for a Business Owner Visa after holding the Investor visa for two years. This visa allows you to establish, develop, and manage a new or existing business in Australia.

It’s worth noting that this visa is a state or territory sponsored business owner visa, so you must have a nomination from a state or territory government.

To be eligible for this visa, you must have a successful history of investment activities and meet the following requirements:

Be under 55 years old, although a state or territory can waive this requirement if your proposed business will be of exceptional economic benefit to the region.
Have a high level of management skill in relation to the eligible investment or business activity.
Have a genuine and realistic commitment to continuing your business and investment activity in Australia after the original investment has matured.
Have a net business and personal assets of at least AUD2.25 million.
Have an overall successful record of eligible investment or business activity.

In summary, the Australia Investor visa (subclass 891) is a great opportunity for those with a successful history of investment activities to continue their investment in Australia and establish, develop, and manage a new or existing business. It requires a designated investment of AUD1.5 million for four years and a nomination from a state or territory government.

Cost and Processing Time

If you are considering applying for the Australia Investor visa (subclass 891), it is important to be aware of the costs and processing time associated with the application. The current cost for this visa is AUD 2,450. However, it is important to note that this cost is subject to change and you should check the Australian government’s website for the most up-to-date information.

In addition to the visa application fee, you may also need to pay for other costs such as health assessments, police certificates, and biometrics. These costs can vary depending on your individual circumstances and should be considered when budgeting for your visa application.

The processing time for the Australia Investor visa (subclass 891) varies depending on a number of factors, including the number of applications received by the Department of Home Affairs and the complexity of your application. As of the time of writing, the average processing time for this visa is approximately 12 to 15 months. However, it is important to note that processing times can vary and you should check the Australian government’s website for the most up-to-date information.

If you are also considering the Australia Business Talent visa (subclass 132) or the Business Innovation and Investment visa (subclass 188), it is important to note that these visas have different costs and processing times. For example, the Australia Business Talent visa (subclass 132) has a higher application fee of AUD 7,855 and a longer processing time of approximately 20 months. The Business Innovation and Investment visa (subclass 188) has a lower application fee of AUD 4,985 but a similar processing time to the Australia Investor visa (subclass 891).

Overall, it is important to carefully consider the costs and processing time associated with the Australia Investor visa (subclass 891) before applying. By doing so, you can ensure that you have the necessary resources and time to successfully apply for this visa and begin your investment activities in Australia.

Family and Citizenship Considerations

When considering applying for an Australia Investor Visa (Subclass 891), it is important to take into account the family and citizenship considerations.

Family Members

As an investor visa holder, you can include your family members in your application. This includes your spouse or de facto partner, dependent children, and other dependent relatives. The definition of a dependent child may vary depending on the circumstances, so it is important to check the Australian laws for the latest information.

Australian Citizenship

As an investor visa holder, you may be eligible to apply for Australian citizenship after meeting certain requirements. This includes living in Australia for a certain amount of time, being of good character, and passing a citizenship test. Once you become an Australian citizen, you can enjoy the benefits of being a citizen, such as the right to vote, the ability to sponsor your relatives to come to Australia, and the ability to travel on an Australian passport.

As an Australian citizen, you can sponsor your eligible relatives to come to Australia. This includes your parents, siblings, and children. However, there are certain requirements that must be met, such as meeting the balance-of-family test, which looks at the number of eligible relatives you have living in Australia versus overseas.

Become an Australian Citizen

Becoming an Australian citizen can be a long and complex process, but it can be worth it in the end. As an Australian citizen, you become a member of the Australian community and have the same rights and responsibilities as other citizens. This includes the right to vote, the ability to work and study in Australia without restriction, and the ability to access certain government services.

Family Unit

As an investor visa holder, you and your family members will be considered a family unit. This means that you will be assessed as a group when it comes to meeting the requirements of the visa. For example, if you have dependent children, you will need to show that you can support them financially while you are in Australia.

Australian Laws

It is important to remember that the Australian laws and regulations are subject to change. It is important to keep up-to-date with the latest information to ensure that you are meeting all the requirements of the visa and any other relevant laws.

Benefits and Opportunities

If you are considering investing in Australia, the Investor visa (subclass 891) may be a great option for you. This visa entitles you to permanent residency in Australia, allowing you and your family to live, work, and study in Australia indefinitely.

One of the main benefits of this visa is that it provides you with access to Australia’s public healthcare system, known as Medicare. This means that you and your family can receive free or subsidized medical treatment, hospital care, and prescription medications when needed.

Additionally, the Investor visa (subclass 891) allows you to travel in and out of Australia as much as you want for the duration of your visa. This means that you can maintain your business interests in your home country while still enjoying all the benefits of living in Australia.

Another advantage of the Investor visa (subclass 891) is that it does not require you to meet any English language proficiency requirements. This makes the visa accessible to a wider range of investors who may not be fluent in English.

Finally, the Investor visa (subclass 891) is a pathway to permanent residency in Australia. This means that if you meet the eligibility requirements, you can apply for citizenship after a certain period of time. This can provide you with even more opportunities for travel and business ventures.

In summary, the Investor visa (subclass 891) offers a range of benefits and opportunities for investors who are looking to live, work, and study in Australia. From access to public healthcare to the ability to travel in and out of the country freely, this visa can provide you with the support you need to succeed in your business ventures.

Potential Risks and Consequences

If you are considering applying for an Australia Investor visa (subclass 891), it is important to be aware of the potential risks and consequences that come with this type of visa.

Debt

One of the biggest risks associated with an Australia Investor visa is the potential for debt. This visa requires a significant investment in an Australian business or government bonds, and if the investment does not perform as expected, you may end up in debt. It is important to carefully consider your financial situation before applying for this visa.

Visa Cancelled

Another potential risk is having your visa cancelled. This can happen if you fail to meet the conditions of your visa or if you are found to have provided false information on your application. If your visa is cancelled, you may be required to leave Australia immediately.

Previous Application Refused

If you have previously had an application for an Australia Investor visa refused, this may impact your chances of being approved for a subclass 891 visa. It is important to address any issues that led to the previous refusal before applying again.

Unacceptable Business Activities

The Australian government has strict rules regarding acceptable business activities for the purposes of this visa. If your business activities are deemed unacceptable, your visa application may be refused. It is important to carefully review the guidelines and ensure that your business activities meet the requirements before applying for this visa.

Overall, an Australia Investor visa (subclass 891) can be a great opportunity for those looking to invest in Australia. However, it is important to carefully consider the potential risks and consequences before applying.

Frequently Asked Questions

What are the requirements to qualify for the Australia investor visa?

To qualify for the Australia investor visa (subclass 891), you must meet the following requirements:

Have held an eligible visa and complied with the conditions of that visa for at least four years
Have lived in Australia for at least two of the four years immediately before you apply
Have a commitment to maintain an investment in Australia for at least two years

How much do I need to invest in Australia to get PR?

To be eligible for permanent residency through the Australia investor visa (subclass 891), you must have made a designated investment of AUD 1.5 million in Australia. A designated investment can be made in any state or territory of Australia and includes investments in Australian securities, eligible managed funds, or direct investment into Australian proprietary companies.

What are the minimum investment requirements for the Australia business visa?

To apply for the Australia business visa (subclass 188), you must be willing to invest AUD 200,000 to AUD 1.5 million in an Australian business. The investment amount varies depending on the stream of the business visa.

What is the cost of the Australia Golden visa?

The cost of the Australia investor visa (subclass 891) is AUD 2,450. This fee is non-refundable and must be paid at the time of application.

Is there an age limit for the Australia investor visa?

There is no age limit for the Australia investor visa (subclass 891). However, you must be able to meet the other eligibility requirements, including the investment and residency requirements.

How much does it cost to buy Australian citizenship?

It is not possible to buy Australian citizenship. The Australia investor visa (subclass 891) provides a pathway to permanent residency, but citizenship can only be obtained through the standard citizenship application process, which includes meeting residency and other eligibility requirements.