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Investor Residence (Permanent) VisasDuration and ConditionsThis visa grants permanent residence status.Do I Apply in Australia or Overseas?Applications are to be made in Australia.State/Territory SponsorshipAustralia encourages business investment in rural and regional areas and State and Territory government sponsorship is available for business people who can assist in the economic development of these areas. It should be noted that different requirements will apply if you are sponsored by a State/Territory government. If you are sponsored, a number of threshold requirements for the visa are lower.Spouse and childrenYour spouse and dependent children may migrate to Australia with you in the same visa class. All family members must satisfy health and character criteria. A "dependent" child is a natural or adopted child (of you or your spouse) younger than 18 years who is wholly and substantially in your or your spouse's daily care and control. Children 18 years and older, who are still dependent on you or your spouse for financial, psychological or physical support may also be included. A child who is married is no longer a dependent child.Criteria
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