Business Talent Visa (subclass 132)
The Business Talent Visa or 132 Visa is a permanent migration option for successful business people who are owners in businesses and who wish to participate in the management of an existing or new business in Australia. The visa now has two streams: the Significant Business History stream, which is for successful owners or part-owners of an existing business who want to have a major management role in a new or existing business in Australia; and the Venture Capital Entrepreneur stream, which is for people who have obtained at least AUD$1,000,000 from an Australian venture capital firm. Applications are by invitation only.
To be invited to apply, applicants must lodge an Expression of Interest (EOI), be less than 55 years of age, be nominated by a state or territory government, and meet one of the following requirements:
- Have total personal and business assets with a net value of at least AUD$1,500,000 (AUD$400,000 of which must be net assets in the business), and have a business turnover of at least AUD$3,000,000, OR
- Have obtained at least AUD$1,000,000 in funding from an Australian venture capital firm for a promising high value business idea.
There are additional requirements dependent upon the stream an applicant chooses; for further details, please contact us.
Like to know more? Richard Gregan and the team are some of the most knowledgable migration agents in the UK for business related emigration and visas for Australia. Call us on +44 (0) 131 625 6900 for chat, or email firstname.lastname@example.org.
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