Premium Investor stream

Be nominated by Austrade

Nominations for this visa are made by Austrade invitation only. Austrade will not accept unsolicited expressions of interest.

Learn more about the Premium Investor visa program from Austrade.

Get help with your application

Only some people can help you with your application. If you appoint someone to give you immigration assistance they must be:

• a registered migration agent
• a legal practitioner, or
• an exempt person.

You can appoint anyone to receive documents on your behalf relating to your visa matter.

Provide accurate information

You are obliged to prove your identity and provide true information with your application. See what happens if you can't prove your identity or do not provide true information.

Identity documents

You and any family members who apply for the visa with you, must provide:

Colour copies of the pages of your current passport showing your photo, personal details, and passport issue and expiry dates.

Also provide:

• a national identity card, if you have one
• proof of change of name, if applicable

Documents that prove a change of name include:

• a marriage or divorce certificate
• change of name documents from an Australian Registry of Births, Deaths and Marriages, or the relevant overseas authority
• documents that show other names you have been known by

Premium Investor documents

English language documents

Provide proof that you and dependants 18 years or older (at time of applying for this visa) have at least functional English.

If you can't provide evidence of having at least functional English must second visa application charge.

If you or your dependants have less than functional English, provide a statement indicating your intention to pay the second visa application charge for each person with less than functional English.

We will advise you when to pay this.

Character documents

You and any family members who apply for the visa with you, provide:

• Form 80 Personal particulars for assessment including character assessment
• an overseas police certificate from every country, including your home country, where you spent a total of 12 months or more in the last 10 years since you turned 16
• military service records or discharge papers if you served in the armed forces of any country

Tell us you are getting help

To nominate someone to:

• receive your correspondence, use Form 956A Appointment or withdrawal of an authorised recipient
• provide immigration assistance, use Form 956 Appointment of a registered migration agent, legal practitioner or exempt person.

Upload your written notification or your forms to ImmiAccount.

Partner documents

Provide your partner's:

• identity documents
• character documents
• documents about other relationships, if applicable

Provide either:

• your current marriage certificate or
• enough documents to prove you have been in a de facto relationship with your partner for at least 12 months before you apply

Documents that prove your de facto relationship include:

• joint bank account statements
• billing accounts in joint names
• joint leases or mortgages
• documents that show your partner has lived at the same address as you

Dependants under 18 documents

For every dependant 18 years old or younger who is applying with you, provide:

• copies of birth certificates or the family book showing the names of both parents of all your dependent children
• copies of the adoption paper, if applicable.

Parental responsibility documents

You must get consent for any applicant under 18 years of age to migrate to Australia from anyone who:

• has a legal right to decide where the child lives and
• is not coming to Australia with the child

They must complete either:

• Form 1229 Consent form to grant an Australian visa to a child under the age of 18 years
• a statutory declaration giving their consent for the child to visit Australia on this visa

Alternatively, you can show us:

• an Australian court order that allows your child to migrate to Australia, or
• that the laws of your home country allow them to migrate

Include:

• an identity document that shows the signature and photo of the person who completed the form or declaration, such as a passport or driver’s licence
• adoption papers or other court documents if applicable

Note: If your child is likely to turn 18 while your application is being processed, you will need to provide evidence they are dependent on you. See the section 'Dependants over 18 documents' below for further information. A child who turns 18 while your application is being processed and who is not dependent on you cannot satisfy the criteria for this visa.

Dependants over 18 documents

To include your child who is over 18 in your visa application, they must be:

• over 18 years of age but not yet turned 23, and dependent on you or your partner, or
• over 23 years of age, unable to earn a living to support themselves due to physical or cognitive limitations and dependent on you or your partner

Provide:

• identity documents
• documents about their other relationships, if applicable
• character documents

If your child is likely to turn 23 while your application is being processed, you will need to provide evidence they are dependent on you due to disability.

Proof of dependency

You must also provide proof the child is dependent on you.

• proof of your relationship with the dependant such as a birth certificate or adoption papers
• a completed Form 47a Details of a child or other dependent family member aged 18 years or over
• if the child is aged 23 or is likely to turn 23 while your application is being processed, you must also provide a report from a qualified medical practitioner that states they are dependent on you or your partner due to the total or partial loss of their bodily or mental functions

You must also prove this person has been financially dependent on you for at least 12 months before you apply. You could provide:

• proof they live with you
• their tax records
• proof they are currently studying
• proof of payments made by you to them or on their behalf

Note: A child who turns 23 while your application is being processed and who does not meet these requirements cannot satisfy the criteria for this visa.

Prepare your documents

Applying from China, Macau, Hong Kong or Taiwan

If you are applying from China, Macau, Hong Kong or Taiwan, please use the document checklist from the Australian Consulate General Hong Kong.

Provide accurate information

You are obliged to prove your identity and provide true information with your application.

See what happens if you can not prove your identity or do not provide true information.

Apply for the visa online in ImmiAccount

1. Create an account or sign in to ImmiAccount
2. Pay the application charge.
3. Note the transaction reference number (TRN)

ImmiAccount will tell you the charge. We will not process your application until you pay the correct charge.

Send your documents

After you submit your application online, send us your documents and other forms.

If you live in the People's Republic of China (PRC), Hong Kong (SAR), Macau (SAR) or Taiwan, send the documents to the Australian Consulate General Hong Kong.

If you live elsewhere, send your documents by registered post or courier to:

Adelaide Visa and Citizenship Office
Attention: Adelaide Business Skills Processing Centre

Status updates

We cannot provide updates on applications. You will be contacted if additional information is required. Please wait for us to contact you.

Travel after you apply

You do not have to tell us if you want to travel outside Australia while we process your application. This is because you can be outside Australia when we make a decision.

But if you leave Australia, you must make sure you have a valid visa if you plan to return to Australia before a decision is made on your application.

Learn about visa expiry.

Learn about Bridging visas

Health exams

If you did not have health examinations before you applied, we will let you know if you need them.

Biometrics

We might ask for biometrics (fingerprints and photo). We will let you know if you need to provide them.

Provide more information

If you didn't send us all documents when you applied, send them as soon as you can.

If you live in the People's Republic of China (PRC), Hong Kong (SAR), Macau (SAR) or Taiwan, send the documents to the Australian Consulate General Hong Kong.

If you live elsewhere, send your documents by registered post or courier to:

Adelaide Visa and Citizenship Office
Attention: Adelaide Business Skills Processing Centre

Adding family members

You can add members of the family unit to your application after you apply but before we decide your visa.

Complete Form 1436 Adding an additional applicant after lodgement and

• send it to the email address we gave you when you sent your application
• include evidence of the child's relationship to you
• include other supporting documents for your child, such as identity documents
• pay the additional application charge

Mistakes on your application

Let us know as soon as you can if you made a mistake on your application. Complete Form 1023 Notification of incorrect answers.

Make your investment

When we are satisfied that you meet all other criteria for this visa, we will invite you in writing to make a complying premium investment. Do not make your complying premium investment until we invite you to do so, as your visa will not be granted if you cannot satisfy all other criteria for this visa. Further, any investment made before lodging the application will not meet the requirements of this visa.

If we invite you to make a complying premium investment, your invitation letter will state the sources of funds that we have accepted for you to use for the investment.

You must make the investment within the timeframe stated in the letter (usually 70 days).

When you have made the investment, you must provide our office with:

• Evidence of each transaction that occurred in the movement of funds from the approved sources to each component of the complying premium investment
• Form 1413D Declaration for each investment component. The form must be signed by the responsible fund manager for each component of the investment after the relevant investment component has been made.

Documents showing liquidation of assets

Provide documents showing that you have liquified the assets detailed in Evidence of ownership and value of assets.

Also provide documents showing that minimum AUD15 million has been transferred to make the complying premium investment.

Evidence you have made the complying premium investments

Obtain a Form 1413D Declaration for each investment component. The responsible fund manager must sign it. The form should be dated after the relevant investment has been made.

In some cases the declaring fund manager does not hold an official position with the fund's responsible entity. If this is the case, provide a letter issued by the responsible entity authorising that the declaring fund manager can sign the form on its behalf.

When filling out Part B of the form (Venture Capital and Growth Private Equity (VCPE) Funds), you may not have committed to a particular VCPE fund at the time of submitting this form.

If this is the case and you have funds held in a cash management trust, have the manager of the trust sign Part B.

If this is the case and your funds are in an Australian Authorised Deposit Taking Institution (ADI), provide the following:

• an account statement confirming that you have deposited the funds
• a signed declaration confirming that you will use the funds for investing in VCPE funds

Stay lawful

If you are in Australia, make sure you stay lawful by holding a valid visa while we process your application.

When you applied for this visa, if you were in Australia, you were granted a Bridging visa A (BVA). If your current visa expires before we decide on your application, the BVA will start.

You can stay in Australia on the BVA while we process your new visa application. However, if you intend to leave Australia and return while holding a BVA, you will need to apply to our office for a Bridging Visa B (BVB) or make alternative visa arrangements to return, as your BVA ceases when you leave Australia.

Do not cancel your current visa. If you do, you will:

• be staying in Australia unlawfully
• not be eligible for a Bridging visa A

Learn more about visa expiry.

Learn about Bridging visas

Help with your application

Let us know if you no longer want someone to:

• receive your correspondence - complete Form 956A Appointment or withdrawal of an authorised recipient
• provide immigration advice - complete Form 956 Appointment of a registered migration agent, legal practitioner or exempt person.

Upload your written notification or your forms to ImmiAccount.

For more information see Who can help you with your application.

Tell us if things change

Things you need to let us know about after you have applied include:

• changes to your phone number, email, address or passport
• significant changes to your investments
• changes to your marital or de facto status
• the birth of a child
• you want to withdraw your application

See how to tell us if your situation changes.