Overview
Business Talent (Subclass 132)
The Business Talent (Permanent) visa allows individuals to establish a new business or develop an existing one in Australia
Eligibility
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A net value of at least AUD1.5 million (lawfully acquired).
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Annual business turnover of at least AUD3 million for a minimum of 2 out of the 4 fiscal years before invitation.
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Total net assets of at least AUD400,000 in one or more qualifying businesses for at least 2 of the 4 fiscal years before invitation.
Streams
Subclass 132 - Significant Business History Stream
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A net value of at least AUD1.5 million (lawfully acquired).
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Annual business turnover of at least AUD3 million for a minimum of 2 out of the 4 fiscal years before invitation.
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Total net assets of at least AUD400,000 in one or more qualifying businesses for at least 2 of the 4 fiscal years before invitation.
Subclass 132 - Venture Capital Entrepreneur Stream
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This stream is for individuals who have secured venture capital funding from a member of the Australian Investment Council (AIC).
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Must have funding of at least AUD1 million from an Australian venture capital firm.
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Permanent residency in Australia.
Costs
From AUD7,855.00
Processing Time
Common Reasons for Visa Denials
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