Business Talent (Permanent)

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SUB-CLASS 132

This visa has two streams

Significant Business History Stream

The Significant Business History Stream is for affluent owners or part owners of a business who want to have a major management role in a new or existing business in Australia.

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Venture Capital Entrepreneur Stream

The Venture Capital Entrepreneur Stream is for people who have obtained at least AUD1million in funding from an Australian venture capital firm.

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Requirements

Eigibility for this visa is subject to theses provisions.

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Applications are by invitation only. To be invited to apply, a person must lodge an Expression of Interest, be nominated by a state or territory government

Have personal and business assets of AUD1.5 million (AUD400 000 must be net assets in thebusiness), and have a business turnover of AUD3 million, or

Have obtained at least AUD1 million in funding from an Australian venture capital firm for a promising high value business idea.

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Benefits of this Visa

This visa allows you to:

Establish a new or develop an existing business in Australia

Travel in and out of Australia for five years

Have family members accompany you to Australia

Live and work in Australia permanently.

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