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Business Talent (Permanent) Visa (Subclass 132)

A person who wishes to establish a new business or expand their existing business in Australia with this permanent resident visa an apply for Business talent Stream. This visa requires the applicant to have a minimum net business, personal assets, and annual business turnover, or a minimum in venture capital funding. Applicants must also be nominated to apply by an Australian state or territory government agency.

Australian business visa

Benefits of Business Talent Visa (subclass 132)

The applicant and their family members will get all the benefits of Australian permanent Residence which includes :

  • The applicant can work and live in Australia indefinitely
  • This visa will give an opportunity to study in Australia
  • Sponsor relatives for permanent residence
  • Travel in and out of Australia as you please
  • Enroll in Medicare, Australia’s state-run healthcare program
  • Opportunity to apply for Australian citizenship

Eligibility Criteria for subclass 132 Visa

  • Applicant should be nominated by a state or territory government
  • Should submit an Expression of Interest through SkillSelect and be invited to apply
  • Meet health requirements
  • Meet Character requirements

Significant Business History stream

If the applicant is an existing business owner who wants to operate an existing business or new business in Australia can apply under this Stream.

  • The applicant should have a Networth of AUD 1.5 million
  • Applicant should run business with an annual turnover of at least AUD 3 million for 2 years in the past 4 financial years before they apply.
  • Should have a Net asset of at least AUD400,000 as the ownership interest in one or more businesses for at least 2 years in the past 4 years before they apply.

Venture Capital Entrepreneur stream

The applicant who has signed venture capital Agreements with a company that is a member of the Australian Investment Council or Australian Private Equity and Venture Capital Association Limited (AVCAL) can apply under this stream.

  • Applicant should be less than 55 years of age
  • Should receive funding of at least AUD 1 million from the Australian Venture Capital firm.
  • The applicant should meet all the requirements as per the Venture capital Agreement.
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Nominated by State or Territory Government

Under the Skilled Nomination Visa, the candidate can express their interest on visting Australia and their plans to settle, but it is upto the local or state government to decide whether they require the concerned skill set at that point of time. If the candidate’s skill set are found to be in demand then they are open to apply for the visa program, and they can also select a particular state to live if they have enough knowledge on selection or they can be open to get settled in any state.

  • The candidate needs to stay in the concerned state minimum of two years.
  • The candidate has to provide their current and the address of territory in which they are about to stay.
  • Must have completed all the surveys and post-arrival process before landing in Australia.

Business Visitor Stream

Skilled Independent Visa
(Subclass 189)

The skilled independent visa program (subclass 189) was brought into act to meet the surpulusahortage of skilled workers in…

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Skilled Recognised Graduate Visa Program (Subclass 476)

Skilled Recognised Graduate Visa Program (Subclass 476)

The Skilled Recognised Graduate Visa Program is tailor-made for exclusive and eligible engineering graduates to apply for suitable jobs in…

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Tourist Stream - Outside Australia

Tourist Stream- Outside
Australia

People who reside outside Australia can apply for this visa program. By applying to this visa, the concerned applicant can go on a…

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Sponsored Family Stream

Sponsored Family Stream

Under thesponsored Family Stream Program, the concerned applicant can travel and stay in Australia based on the sponsorship…

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Travel Visa

Business Visitor Stream

Applicants who are intended to visit Australia for business purpose can make complete use of this stream. The applicant who got…

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Talk to our Experts

Croyez Immigration is providing efficacious immigration services to fulfill the dreams of aspiring clients who wish to immigrate to a new country, we sincerely work to give you the best life you deserve. We are experts in processing almost all the categories of Canadian Immigration programs like Express Entry, General Skilled Migration, and other temporary visas. Canada, being the land of opportunities always heads up to welcome the potential immigrants and so we help you explore all the possibilities to change your life, Contact the expert consultants of Croyez Immigration for prompt assistance.

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[[[["field12","equal_to","Coimbatore"]],[["email_to","croyez","mani@croyez.in"]],"and"],[[["field16","equal_to","Study Permit"],["field17","equal_to","Visitor Visa"]],[["show_fields","field19"]],"or"],[[["field16","equal_to","Permanent Residence Visa"]],[["show_fields","field18"]],"and"],[[["field16","equal_to","Temporary Visa"]],[["show_fields","field17"]],"and"]]
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