What is Investor Visa – Subclass 891?
The Investor visa (subclass 891) is a permanent visa for individuals who have held a designated investment in Australia for at least 4 years. This visa allows the applicant to remain in Australia indefinitely and engage in business and investment activities. To be eligible for this visa, the applicant must have held a qualifying Investor (Provisional) visa (subclass 162) and must have invested at least $1.5 million AUD for the duration of their provisional visa. Additionally, the designated investment must have been held for at least 4 years. It is important to note that the main applicant can also apply for this visa if they held a designated investment in the name of their partner. The Investor visa is only available to holders of the Investor (Provisional) visa (subclass 162) and is intended for individuals who have already established a significant investment in Australia.
Benefits of Subclass 891 Visa
Requirements of Subclass 891 Visa
The time it takes to process your application may vary case-by-case, There are not any standard processing times available for the 189 visa. However, your application may get delayed if:
Incomplete application form.
Missing required documents.
Additional information requested by DHA.
Extended verification of provided information.