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.to maintain business and investment activity in Australia and be sponsored by a state/territory authority.
Stay – Permanent
With this visa, you can
- stay in Australia permanently
- continue your business and investment activity in Australia
- apply for Australian citizenship, if eligible
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