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Business Talent (Permanent) Visa (Subclass 132)

Business Talent (Permanent) Visa (Subclass 132)

A Business Talent Visa (Permanent) (subclass 132), as its name suggests, is a permanent visa that needs an endorsement by the Australian government or authorities. With this Australian visa, you can start a new business or expand an already-existing one in the country.

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Highlights

  • You are allowed to stay in Australia for as long as you choose.
  • You will be able to work and study in Australia with all rights.
  • You will be allowed to enter and exit Australia for the first five years.
  • You can bring your family to visit and live with you in the country.
  • You can access Medicare – Australia’s public healthcare program.
  • You can apply for Australian citizenship upon meeting all the eligibility requirements.

Key Eligibility Requirements

  • You need to be able to communicate in English at least at functional level.
  • You have to meet the required standards for both character and health.
  • You have to comply with your business’s needs.
  • You must provide the specifics of your nomination.
  • You must not have previously experienced a cancelled or denied visa.
  • The applicant must be under 55 years to be eligible for this visa.
  • You need to possess AUD 1.5 million in net worth to apply for this visa.
  • A minimum turnover of AUD $3 million is required.
  • A minimum net worth of AUD 400,000 is required.
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FAQs about Business Talent (Permanent) Visa (Subclass 132)

Business Talent Visa 132 is a permanent visa that necessitates a recommendation from the Australian Authorities/Government.
To apply for a Business Talent visa, requirements needed are an Expression of Interest, necessary documents, online submission, wait for final decision, and receive visa.
Australian visa applicants must be nominated by a government agency, receive an invitation through Skillselect, have required funds, intend to establish a business, and maintain substantial ownership interest.