Subclass 132 Business Talent (Permanent) Visa

This visa is available for high caliber business people who have a genuine commitment to operate a business in Australia. This visa provides for permanent residence status.

Subclass 132 Visa requirements:-

• You owned and directly managed a business which had turnover of at least A$3,000,000 for 2 out of the last 4 financial years
• Your net assets in business were at least A$400,000 for 2 out of the last 4 financial years
• You are able to transfer at least A$3,000,000 to Australia within 2 years of visa grant for your business investment and settlement costs.
• Your proposed business activity will generate substantial economic benefits for the State of Australia. You are less than 55 years or age, or you are proposing to participate in a business activity which will be of exceptional economic benefit to the State/Australia
• State sponsorship approval