What type of visa?

Business Talent (subclass 132) visa - Permanent

Who is this visa for?

This visa is for affluent owners or part owners who want to have a major management role in a new or existing business in Australia, or for people who have obtained at least AUD1 million in funding from an Australian venture capital firm.

The application process

Applications are by invitation only. You will need to lodge an Expression of Interest through Skill Select and be nominated by a state or territory government, and

• have personal and business assets of AUD1.5 million (AUD400 000 must be net assets in the business), and have a business turnover of AUD3 million, or
• have obtained at least AUD1 million in funding from an Australian venture capital firm for a promising high value business idea.

This visa has two streams:

1. The Significant Business History stream is for affluent owners or part owners of a business who want to have a major management role in a new or existing business in Australia.
2. The Venture Capital Entrepreneur stream is for people who have obtained at least AUD1 million in funding from an Australian venture capital firm.

Fees

Full case management and representation by Frontier Migration Services: Case by case basis due to the duration and complexity in these visas

Please have a look at the DIY support options or consider a consultation using the Unbundled Services to see if this is the best visa option for you.