Australia Investment Visa For Indians - Eligibility & Cost
Last Updated : 11-Sept-2023
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30-Second Summary
Indian nationals travelling to Australia must apply for the Australia investment visa which allows investors to live and work in Australia.
You can complete the application online.
Australia investor visa doesn’t require you to submit your passport offline.
Once your investor visa for Australia has been approved, you will receive it via email.
The Australia study visa requires a copy of your passport, proof of funds, and more.
*Atlys doesn't provide this visa.
Important Information
— Is a Visa Required?
— Australia Investor Visa Cost
— Australia Visa Processing Time
— Australia Investment Visa Validity
What Is The Australia Investment Visa 2023?
The Australia Investment Visa is a type of visa that is designed to encourage foreign investors to invest in Australia's economy. This visa allows investors to live and work in Australia, as well as bring their families with them.
There are different types of Investment Visa for Australia, and we will discuss each of them below.
What Are The Types Of Australian Investment Visas?
There are different types of investor visas for Australia you can apply for. This includes:
This visa is for individuals who are willing to invest in a new or existing business in Australia. It is a temporary visa that allows investors to stay in Australia for up to 5 years. You must be nominated by an Australian State or Territory government agency.
Business Innovation Stream: For those with a successful business career wanting to establish or develop a business in Australia.
Investor Stream: Designed for individuals prepared to invest at least AUD 1.5 million in an Australian state or territory and maintain business or investment activity.
Significant Investor Stream: Targeted at those willing to invest a minimum of AUD 5 million in complying investments in Australia.
Premium Investor Stream: For those ready to invest AUD 15 million in complying premium investments.
Entrepreneur Stream: For individuals with a third-party funding agreement to engage in a complying entrepreneur activity in Australia.
What Are The Australia Investor Visa Requirements?
To apply for your Investment visa, you need to gather certain travel documents. If you forget one of these documents, your visa will get rejected. You need the following documents:
A valid passport: You must provide a copy of your passport bio-data page, which includes your name, date of birth, nationality, and passport expiration date.
Evidence of funds: You must provide evidence of your ability to make a significant investment in Australia. This may include bank statements, investment portfolios, or other financial documents.
Business plan: You must provide a detailed business plan outlining your proposed investment activities in Australia.
Health and character requirements: You must meet certain health and character requirements, which may include medical examinations, police certificates, or other forms of documentation.
Nomination: In some cases, you may need to be nominated by an Australian state or territory government agency before you can apply for the Investor Visa. This will depend on the subclass you are applying for.
Other supporting documents: You may also need to provide other supporting documents, such as proof of your educational qualifications, work experience, or evidence of your business or investment history.
It is important to note that the required documents may vary depending on the subclass you are applying for and your specific circumstances.
To be eligible for an Australia Investment Visa, you must meet the following criteria:
You must be nominated by a state or territory government agency or be invited to apply by the Australian government.
You must meet the health and character requirements.
You must have a successful business or investment career.
You must be willing to invest in Australia.
You must have a certain amount of assets and income.
The eligibility requirements are more or less the same for every type of visa. However, the application process and required documents will differ depending on which visa you apply for.
The investment required for an Australia Investor Visa varies depending on the type of visa you are applying for. You will need to make a minimum investment of AUD 1.5 million for the Business Innovation and Investment (Provisional) Visa (Subclass 188) or AUD 5 million for the Investor Visa (Subclass 893).
Visa Applications Steps For The Australia Investors Visa
The visa application process can get lengthy and complicated. The following is just a brief overview of what you can expect from the application process, as some steps may differ depending on the visa you apply for.
Do some research: Research the different types of Australia Investor Visas available and determine which one best suits your investment goals.
Check your eligibility: Check your eligibility for the selected visa subclass, ensuring that you meet all of the requirements, including the health and character requirements, successful business or investment career, and willingness to invest in Australia.
Get a nomination: If you are eligible, obtain a nomination from a state or territory government agency or be invited to apply by the Australian government.
Gather the required documents: Gather all of the required documentation, including evidence of your business or investment career, financial documents, and proof of assets and income.
Complete the application form: Fill out the online application form, providing all of the necessary information and documentation.
Pay the visa fee: Pay the application fee and any other associated fees.
Submit your application: Submit your application and wait for a decision from the Department of Home Affairs.
Wait for processing: If your application is successful, you will be issued a provisional visa, which will allow you to live and work in Australia for a specified period of time.
It is important to note that the application process may vary depending on the specific Australia Investor Visa subclass you are applying for. It can be a complex and lengthy process.
Therefore, I recommend you check the Australia Migration website for a step-by-step guide on the application process for the specific visa you want.
When submitting your Investment visa application, ensure that you have the following:
Completed all the necessary forms and provided all the required documents
Provided accurate and truthful information
Paid the required fees
Met all the eligibility criteria
Use these steps to check your visa status:
1Visit the Official Website: Navigate to the Department of Home Affairs' official website.
2Access VEVO (Visa Entitlement Verification Online): Click on the 'Check your own visa details with VEVO' option. VEVO is a free online platform provided by the Department of Home Affairs to check visa details and entitlements.
3Login or Register: If you're a new user, register for an ImmiAccount. Existing users can log in directly.
4Enter Visa Details: Provide the required details such as passport number, visa grant number, or visa evidence number.
5Submit the Request: After entering the details, click 'Check visa details' or a similar prompt.
6View Visa Status: Your visa status, along with visa entitlements, conditions, and expiry dates, will be displayed on the screen.
Overview Of The Investor Visa For Australia
This section covers all the extra information you need to know about getting an investor visa for Australia. So let's jump right in:
The visa fee depends on the type of visa you apply for:
Business Innovation Stream - Subclass 188: AUD 9450, approx. ₹ 506 000.
Investor Stream - Subclass 188: AUD 9450, approx. ₹ 506 000.
Significant Investor Stream - Subclass 188: AUD 13860, approx. ₹ 741 000.
Premium Investor Stream - Subclass 188: AUD 9450, approx. ₹ 506 000.
Entrepreneur Stream - Subclass 188:AUD 6395, approx. ₹ 342 000.
Business Innovation Stream - Subclass 888: AUD 3310, approx. ₹ 177 000.
Investor Stream - Subclass 888: AUD 3310, approx. ₹ 177 000.
Significant Investor Stream - Subclass 888: AUD 3310, approx. ₹ 177 000.
Premium Investor Stream - Subclass 888: AUD 3310, approx. ₹ 177 000.
Entrepreneur Stream - Subclass 888: AUD 3310, approx. ₹ 177 000.
Investor Visa - Subclass 891: AUD 2810, approx. ₹ 150 300.
Business Owner Visa - Subclass 892: AUD 2810, approx. ₹ 150 300.
Investor Visa - Subclass 893: AUD 2810, approx. ₹ 150 300.
The ₹ (INR) price is based upon the current exchange rate in Aug 2023, the price can fluctuate.
The processing time is up to 39 months. However, it can vary depending on the subclass you are applying for and the complexity of your application.
This visa lets you stay in Australia for 5 years to permanently.
Subclass 188 allows a stay of up to 5 years while subclass 888, 891 - 893 allows you to stay permanently. Most investor visas let you become a permanent resident on the day they grant the visa. Your permanent residency starts on the day we grant the visa for citizenship purposes.
What Is The Arrival Procedure?
Immigration Clearance: Present your valid passport, visa grant notice, and the completed Incoming Passenger Card (which you'll be given on board your flight or vessel) to the immigration officer.
Biometrics: Some travelers might be required to provide biometrics at the border.
Character check: Questions might be asked about your character, intentions in Australia, or any criminal history.
Customs Declaration: Declare any goods that are required to be declared as per Australian law. This includes large amounts of currency, food, plants, or animal products.
Baggage Check: Your baggage may be scanned or checked. Make sure you're not carrying any prohibited items.
Remember, having an Investment Visa does not guarantee entry into Australia. The final decision lies with the border control authorities. Always ensure you adhere to the visa conditions and the laws of Australia.
Happy Travels!
In conclusion, the Australia Investor Visa is an excellent opportunity for Indian investors looking to expand their business ventures in a thriving economy. If you are considering applying for an Australia Investor Visa, be sure to research, gather all required documents, and seek professional guidance to ensure a successful application process. For more information, check out the FAQ section.
Government Sources
We source our information straight from the Government, guaranteeing its authenticity. Using AI assistance, we've simplified complex ideas for better understanding, and our team meticulously reviews every detail for precision. You can be confident in the information presented here, as we exclusively use reputable sources.
This post was written and fact-checked by AI.
Frequently Asked Questions
To get an Investment Visa in Australia, you must be nominated by a state or territory government agency or be invited to apply by the Australian government. You must also meet the eligibility criteria, including having a successful business or investment career, being willing to invest in Australia, and meeting the health and character requirements.
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