Investor Visa - Subclass 891
Permanent Residency for Investors – Now Closed to New Applications
Permanent Residency for Investors – Now Closed to New Applications
The Investor (Permanent) visa (subclass 891) was a permanent visa that allowed eligible investors to live indefinitely in Australia. It was designed for holders of the provisional Investor visa (subclass 162) who had maintained their designated investment for the required period.
This visa is now repealed and closed to new applications, effective 22 March 2025. Existing visa holders continue to enjoy permanent residency rights, including the ability to live, work, study, and travel in Australia.
Service Highlights
Closed to New Applications
The visa is repealed and no longer available for new applicants.
Existing Holder Rights
Existing holders retain permanent residency rights.
Travel Facility Review
Check the 5-year travel facility and Resident Return visa needs.
VEVO Status Check
Use VEVO to confirm visa conditions and details.
Visa Overview & Status
Repealed the permanent visa for investors who met the provisional visa requirements.
Visa Scope
- Permanent visa that was previously granted an indefinite stay in Australia.
- Targeted at investors who held the provisional Investor visa (subclass 162).
- Required maintenance of a designated investment in Australia for the specified period.
- Allowed full work, study, and business rights with access to Medicare.
- Provided an initial 5-year travel facility for re-entry to Australia.
- Part of the former Business Skills (Residence) visas.
Current Status
- Closed to new applications since 22 March 2025.
- No longer available for new applicants or nominations.
- Existing holders retain full permanent residency rights.
- Travel facility lasts 5 years from the grant date; after that, a Resident Return visa may be needed.
- Holders can apply for Australian citizenship if eligible.
The subclass 891 visa rewarded investors who fulfilled their obligations under the provisional Investor stream. It is now repealed as part of government reforms to streamline the migration program. Current information on the official website focuses on obligations and entitlements for existing visa holders.
Visa Essentials
Key details and current status of the Investor (Permanent) visa subclass 891.
Eligibility & Previous Criteria
- Eligibility (historical): Holders of the provisional Investor visa (subclass 162) who maintained the required designated investment and met all visa conditions.
- What it covered: Permanent residency with full rights to live, work, and study in Australia.
- Advantage (for existing holders): Indefinite stay and pathway to citizenship.
- Note: The visa is closed to new applications since 22 March 2025.
Main Entitlements & Obligations
- Duration: Permanent visa upon grant (indefinite stay).
- What it covered: 5-year travel facility, Medicare access, and family sponsorship rights.
- Current status: Existing holders must notify the Department of any changes in personal details and comply with Australian laws.
- Outcome: Permanent residency for those granted before closure.
Application Process
Important update: This visa is no longer open for new applications.
Current Status Check
The Investor (Permanent) visa subclass 891 closed to new applications on 22 March 2025 and is now repealed. No new applications or nominations are being accepted.
For Existing Holders
If you already hold this visa, check your visa details and conditions using VEVO (Visa Entitlement Verification Online). Notify the Department of any changes to your personal information.
Next Steps
Existing holders can continue to enjoy permanent residency rights. Consider applying for Australian citizenship if eligible. For new investment migration pathways, explore current options such as the Business Innovation and Investment (Permanent) visa (subclass 888).
Documentation & Requirement Checklist
Key obligations and useful checks for current visa holders.
Personal Identification
- Valid passport (bio data page)
- Evidence of name change (if applicable)
Visa Details
- Visa grant letter or VEVO confirmation
- Current visa conditions
Change of Circumstances
- Updated contact details (phone, email, address)
- Relationship status changes or birth of a child
Travel & Re-Entry
- Evidence of 5-year travel facility expiry
- Resident Return visa (subclass 155 or 157) application documents (if needed after 5 years)
Additional (If Applicable)
- Medicare enrolment documents
- Agent authorisation form (if using a migration agent)
Use VEVO to check your visa details and conditions free of charge. Notify the Department promptly of any changes in your situation to avoid complications with travel or visa status.
Success Strategy & Conclusion
The Investor (Permanent) visa subclass 891 provided a direct pathway to permanent residency for qualifying investors under the former provisional Investor stream. Although the visa is now repealed and closed to new applications since 22 March 2025, existing holders continue to enjoy full permanent residency rights, including indefinite stay in Australia.
If you already hold this visa, regularly check your details in VEVO and notify the Department of any changes. For new applicants seeking investment migration options, current alternatives such as the Business Innovation and Investment (Permanent) visa (subclass 888) may be available. Always verify the latest information directly on the official Department of Home Affairs website, as visa rules and programs continue to evolve.
Check Your Visa Status in VEVO
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