Australia Subclass 132 - Business Talent (Permanent) Visa

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Australia Subclass 132 - Business Talent (Permanent) Visa:

Features

This visa permits you to establish a new or existing business development in Australia.

It has two streams:

  • The first one is "Significant Business History stream" this stream is for high-calibre business owners or part-owners who plans to do business in Australia.
  • The second one is "Venture Capital Entrepreneur stream" this stream is for people who have sourced the venture capital funding from a member of the Australian Venture Capital Association Limited (AVCAL).

It lets you and any of your family members who granted this visa:

  • Can stay in Australia indefinitely
  • Can study and work in Australia
  • Can enrol in Medicare, Australia's scheme for health-related care and expenses
  • Can apply for Australian citizenship if eligible
  • Can sponsor eligible relatives for permanent residence
  • Can travel to and from Australia for five years (after that time, you will need a resident return visa or another visa to return to Australia).

You might qualify for a special benefit from Centrelink if you suffer a major change of circumstances that are beyond your control.

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Processing Time

The whole processing time is in between 15 to 17 months. Length of Stay is Permanent.

Eligibility Criteria

You must:

  • Be nominated by a territory or state government agency
  • Be invited to apply for the visa
  • Have assets of AUD 1.5 million and business turnover of AUD 3 million (Significant Business History stream) or
  • Have to fund of at least AUD 1 million from an Australian venture capital firm (Venture Capital Entrepreneur stream).

Costs & Visa Fees

Visa Charges: AUD 7130

Adult Dependant: AUD 3565

Child Dependant: AUD 1780

Career Overseas Service Charges: Please contact our Visa Experts

Australia Sub Class 132 Business Talent Permanent Visa

Please Note: Career Overseas Pvt. Ltd. is firmly not a placement agency or recruitment agency and we do not provide any guarantee of employment in any manner at domestic and international level.

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