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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• 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.

• 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.