Australia – Working and skilled visas – Investor visa (subclass 891)

Australia offers a number of visa options for skilled and working people who are looking for a unique and diverse lifestyle. Among these visas, the Investor visa (subclass 891) is highly sought after by those wishing to work and invest in Australia. In this article, we will discuss the requirements, process, and benefits of the Investor visa (subclass 891).

What is the Investor Visa (subclass 891)?

The Investor visa (subclass 891) is a Temporary Residence Visa that allows holders to live, work and invest in Australia on a long-term basis. This visa is ideal for those who want to establish a business or invest in Australia and who have the needed funds and connections.

Eligibility For The Investor Visa (subclass 891)

The Investor visa has a range of eligibility criteria that must be met for approval. Some of the eligibility criteria include:

• Age: Applicants must be between 18 and 45 years old.
• English: Applicants must provide evidence of their English language proficiency.
• Financial Capacity: Applicants must demonstrate that they have sufficient funds to support themselves, their family members and their investment in Australia.
• Investment Initiation: Applicants must demonstrate that they intend to make a genuine and substantial investment in an Australian business within six months of arriving in Australia.
• Business and Investment Experience: Applicants must demonstrate that they have a comprehensive knowledge of the business and investment operations in Australia.
• Business Suitability: Applicants must demonstrate that their investment will be beneficial to the Australian economy.

Applying For The Investor Visa (subclass 891)

The application process is relatively straightforward and should include the following steps:

1. Gather the needed documents and forms, such as a completed application form, a business plan, and other needed evidence.
2. Submit the needed documents and forms to the Department of Home Affairs.
3. Pay the applicable visa application fee.
4. Attend a medical examination, if applicable.
5. Attend an interview, if applicable.
6. Wait for a decision from the Department of Home Affairs.

It is important to note that applicants must be able to prove that they have genuine intentions to stay in Australia. The Department of Home Affairs will assess each application on a case-by-case basis, and success is never guaranteed.

Benefits Of The Investor Visa (subclass 891)

The Investor visa (subclass 891) offers its holders many long-term benefits, such as the following:

• The right to live and work in Australia on a long-term basis.
• The right to bring family members to Australia.
• The right to apply for permanent residency after two years.
• The right to apply for Australian citizenship after four years.
• The right to study and work in Australia with certain limitations.
• The opportunity to establish a successful business or even multiple businesses in Australia.
• The opportunity to gain valuable work experience in an internationally respected multicultural setting.

FAQs – Investor Visa (subclass 891) Australia

Q. What is the minimum investment amount for the Investor visa (subclass 891)?
A. The minimum investment amount for this visa is A$500,000.

Q. How long is the Investor visa (subclass 891) valid for?
A. This visa is typically valid for a period of four years and three months.

Q. Do I need to be an experienced investor to be approved for the Investor visa (subclass 891)?
A. No, you do not need to be an experienced investor to be approved for this visa. However, you must demonstrate that you have a comprehensive knowledge of the business and investment operations in Australia.

Conclusion

The Investor visa (subclass 891) is ideal for those who wish to work and invest in Australia. Those who meet the eligibility criteria and follow the application process can reap many long-term benefits from this visa. With the Investor visa, holders can gain experience in an internationally respected multicultural setting and have the opportunity to establish a successful business or even multiple businesses in Australia.

The Investor visa (subclass 891) is an excellent pathway to permanent residency and eventual citizenship in Australia. With the right amount of preparation and commitment, an applicant can take advantage of this visa and be well on their way to a successful future in Australia.