This visa is valid for five years with future options for further permanent residency visas or citizenship.
Who can apply for this visa?
This visa is for business owners and investors who already hold a four-year provisional 188 visa aligned to the visa stream you originally applied for:
- Business Innovation stream: Business owners who want to relocate their overseas business or establish a new business in South Australia.
- Investor stream: Successful investors or business owners willing to invest a minimum AUD $1,500,000 in South Australia for four years.
- Significant Investor stream: People willing to benefit South Australia and invest AUD$5,000,000 into a complying investment for four years.