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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 

  • A net value of at least AUD1.5 million (lawfully acquired).

  • Annual business turnover of at least AUD3 million for a minimum of 2 out of the 4 fiscal years before invitation.

  • 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

  • A net value of at least AUD1.5 million (lawfully acquired).

  • Annual business turnover of at least AUD3 million for a minimum of 2 out of the 4 fiscal years before invitation.

  • 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

  • This stream is for individuals who have secured venture capital funding from a member of the Australian Investment Council (AIC).

  • Must have funding of at least AUD1 million from an Australian venture capital firm.

  • Permanent residency in Australia.

Costs

From AUD7,855.00

Common Reasons for Visa Denials

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