Business Talent (Permanent) Visa (Subclass 132)
Live anywhere. Work anywhere.
The Business Talent (Permanent) Visa (Subclass 132) is a permanent residency visa for exceptionally successful business owners intending to establish a new business or significantly expand an existing high-value business in Australia. With expert guidance from CECA, applicants can navigate the process smoothly and increase the chances of a successful transition to permanent residency.
Key Benefits
- Live in Australia permanently.
- Work and study with unrestricted rights.
- Travel to and from Australia for five years from the visa grant date.
- Bring eligible family members to live with you.
- Access Medicare, Australia’s public healthcare system.
- Become eligible to apply for Australian citizenship once residency requirements are met.
Key Eligibility Requirements
- Demonstrate functional English proficiency.
- Meet all health and character requirements.
- Provide full details of the state or territory nomination.
- No previous visa cancellations or refusals.
- Be under 55 years of age, unless the business proposal is deemed of exceptional economic benefit by the nominating state or territory.
- Possess net personal and business assets of at least AUD 1.5 million.
- Show a minimum business turnover of AUD 3 million in at least two of the four fiscal years before invitation to apply.
- Hold at least AUD 400,000 in personal net assets.
- Demonstrate a genuine commitment to establishing or managing an eligible business in Australia.
How to Apply
- Obtain a nomination from an Australian state or territory government.
- Gather all necessary documentation, including proof of business ownership, financial statements, and personal assets.
- Submit a complete application through the Department of Home Affairs portal.
- Meet all health and character requirements and provide supporting evidence.
- CECA can guide you throughout the process to maximize the chances of a successful application and smooth transition to permanent residency.
FAQs About Business Talent (Permanent) Visa (Subclass 132)
Business Talent (Permanent) Visa (Subclass 132)
The Business Talent (Permanent) Visa (Subclass 132) is a permanent visa that requires a recommendation from the Australian government or authorities. It allows applicants to start a new business or expand an existing business in Australia.
How Can You Apply For a Business Talent (Permanent) Visa (Subclass 132)?
To apply for a Business Talent visa, you must submit an Expression of Interest (EOI), gather the necessary documents, submit your application online, wait for a decision, and receive your visa if approved.
Basic Eligibility Criteria for Business Talent (Permanent) Visa (Subclass 132)
- Be nominated by an Australian government agency or authority.
- Receive an invitation through SkillSelect to apply for the visa.
- Have the required funds to establish or invest in a business in Australia.
- Intend to establish a new business or develop an existing one.
- Maintain substantial ownership interest in the business.
