143 Visa Applied in Jan 17. Qld accepted for sponsorship Investment VISA

[Guest manrug]

I wonder if some learned friends can help me. We applied for Visa 143 in January 2017, which will not get processed for at least another two years.

So we looked at alternative/quicker visa options. One that was feasible was a Business Investor Visa sponsored by a state. Which has an upper age limit of 55. My wife who is 55 in March, has gained sponsorship from Queensland following her expression of interest.

We now have less than 3 weeks to submit for the investor visa. The question that I have is if we apply for the Investor visa will we have to withdraw the 143 visa application? When we started completing the application for the Investor Visa the Immi website comes up with the following "Applicant ...... has other application lodged with the Department. However the un-finalised application  may need to be withdrawn by advising the department in writing".

Second question I have is the Investor visa is temporary for 4 years after which time you can apply for permanent visa. If we can only have one application at a time with Immi is it worth while withdrawing our 143 visa and thus loosing our space in the queue OR is it better to just leave our 143 visa application in the queue and forget the business investor visa?

Any help or guidance will be gratefully received.