132 (Business Talent (Permanent)) Visa A | B

Significant Business History Stream

This visa is for experienced business owners, to operate a new or existing business in Australia.

Eligibility

You must:

• have assets of AUD1.5 million and business turnover of AUD3 million
• be nominated by an Australian state or territory government
• be invited to apply for the visa 

Salient Features

With this visa you can:

• establish a new or develop an existing business in Australia
• stay in Australia permanently
• bring family members with you

Stay

Permanently

Cost

https://immi.homeaffairs.gov.au/visas/getting-a-visa/visa-listing/business-talent-permanent-132/significant-business-history-stream

Processing Time

75% of applications: 31 months

90% of applications: 34 months

For more details, please click here.

Venture Capital Entrepreneur Stream

This visa is for people who have sourced venture capital funding from a member of the Australian Investment Council (AIC) (formerly known as the Australian Private Equity and Venture Capital Association Limited (AVCAL)). 

Eligibility

You must:

• have funding of at least AUD1 million from an Australian venture capital firm
• be nominated by an Australian state or territory government
• be invited to apply 

Salient Features

With this visa you can:

• establish a new or develop an existing business in Australia
• stay in Australia permanently
• bring family members with you

Stay

Permanently

Cost

https://immi.homeaffairs.gov.au/visas/getting-a-visa/visa-listing/business-talent-permanent-132/venture-capital-entrepreneur-stream

Processing Time

Processing times are not available

For more details, please click here.