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Investor (Permanent) visa (subclass 893)

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 $750,000 AUD for 4 years.

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A new way to apply

You can now apply for NSW nomination online. 

Please read the follow information carefully before applying: 

  • Clicking 'back' in your browser will cause you to lose any information previously entered. Use 'previous' and 'back buttons within the form to navigate between pages of the form.  

  • You can review information entered in the form and make edits before submitting. 

  • Read our guide to supporting documents website for information about what documents you are required to submit with your application. 

  • Only submit your application once. Contact us if you have any questions.  

You cannot edit your application after it has been submitted and you cannot save and resume your application. 

Eligibility 

Visa eligibility 

To see if you’re eligible for this visa, read the Home Affairs' criteria.

Business and/or investment activity 

You must provide evidence of your business or investment activity in NSW during the previous four-year period outlining progress in meeting the business or investment commitment submitted to NSW in your subclass 165 visa application. 

Successful business and/or investment career 

You must provide a full resume of your business or investment career, including your investments in NSW over the last four years (in addition to the designated investment), demonstrating a successful business or investment career. 

Letter of release – if you were nominated by other state or territory 

If you hold a subclass 165 visa nominated by a state / territory other than NSW you must obtain a letter of release from that state/territory on Department of Home Affairs Form 949. 

How to apply 

You need to apply for NSW nomination before you can apply to Home Affairs for this visa. Applying for NSW nomination from involves the following steps. 

Apply for NSW nomination 

Apply to NSW for nomination using our online form.  

See our guide to supporting documents for information about what supporting evidence you need to supply at the time you apply to NSW. 

Pay application fee 

You (or your migration agent) will be emailed a payment link immediately after submitting your online application form. This payment link is valid for 30 minutes only. 

Your application will only be assessed after you completed the application payment. To ensure the timely assessment of your application, you must complete payment within the 30 minute timeframe. 

Application fees if you are applying from: 

  • within Australia: A$1,397 

  • outside Australia: A$1,270 

Application fees are non-refundable. Applications that remain unpaid will be closed by our office. Retain a copy of your receipt as proof of payment.  

Application processing time 

You will receive an outcome, or request for further information, within four weeks of your application payment.  

Next steps 

If your application is approved, you will receive a notification of approval by email with a signed copy of the Department of Home Affairs’ Form 949 – State/Territory sponsorship: Business Skills class. NSW nomination is valid for 90 days. 

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