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What is Business Talent 132 Visa?
An affluent business migrant who can show a high level of business attributes can gain direct permanent residence with the Business Talent 132 visa.
The Business Talent visa class of Australia’s migration program encourages successful business owners to settle permanently in Australia and develop new or existing businesses. This visa provides business owners with the opportunity of investing or establishing and managing a business in Australia with their family.
This visa allows the applicant and all immediate family members included in the visa application to live, work and study in Australia.
Who can get Business Talent 132 Visa?
132 Visa is a state or territory sponsored permanent visa for high calibre business owners and entrepreneurs.
Applicants may be inside or outside Australia at the time of visa grant or application and must submit an expression of interest (EOI) in SkillSelect.
What are the Streams under Business Talent 132 visa?
Significant Business History stream – For affluent business people who are owners or part owners of a business and have a genuine and realistic commitment to participate in the management of a new or existing business in Australia.
The applicant must
Venture Capital Entrepreneur stream – Applicants must have sourced $1 million in venture capital funding from a member of the Australian Venture Capital Association Limited (AVCAL) to fund the startup or product commercialisation of a high-value business idea in Australia.
How long to process Business Talent 132Visa?
The processing time is between 6-12 Months