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Australia Business Talent visa (Subclass 132) - Closed

How to apply for Australia Business Talent Visa Subclass 132

Disclaimer- The Business Talent visa (subclass 132) is closed for new applications. You can apply for an alternate Subclass 188 visa.

This visa is for the business persons who want to start a new or develop the existing business in Australia and have the state or territory nomination. 

It has two streams as mentioned below-

  • Significant Business History stream-For high-calibre business owners or part owners who want to establish a business in Australia.
  • Venture Capital Entrepreneur stream-It is for the individuals who have sourced venture capital from the member of the Australian Venture Capital Association Limited (AVCAL).‚Äč

Requisites of the visa:-

  • Never involved in any illegal or unethical business practices.
  • You have a satisfactory record of complying with Commonwealth laws, and of each State or Territory in which you operate a business and employ employees in the business, relating to your business.
  • Received nomination from by State or territory.
  • Received Invitation to Apply (ITA) to apply.
  • You have a genuine commitment to maintain investment in Australia.
  • You, along with your partner, has not been involved in any illegal business activities ever.
  • You, along with your partner, hold good moral and health conduct.

You need to have:

  • A net value of minimum AUD1.5 million (legally obtained)
  • An annual business turnover of minimum AUD3 million for at least 2 of the four fiscal years immediately before you have received an invitation
  • Total net assets of minimum AUD400,000 as the ownership interest in one or more qualifying businesses minimum 2 of the four fiscal years immediately before you received the invitation to apply

Privileges of the visa:-

  • Live Work or Study in Australia indefinitely.
  • Get enrolled for Medicare Health coverage
  • Apply for Citizenship in Australia after fulfilling the relevant requirements
  • You are permitted to move in and outside of Oz for five years
  • Sponsor eligible relatives for Australia PR.

Visa Cost for Subclass 132 Visa:

Visa Category Quantity Fees
Business Talent (Permanent) Visa 1 AUD7,855.00

Note: The Visa fee is subject to change periodically as per the government of Australia decision. Stay in touch with Visas Avenue for latest updates.

Extra Charges involved:-

  • Visa Avenue charges
  • Medical Examination:-To be paid directly to the doctor conducting medical examination
  • Police check:-To the corresponding authorities in the respective countries where you have lived for more than 6/12 months as per visa subclass
  • Certification/Translation of Docs-Depending on the certifying person and number of copies to be certified.

To Apply for Australia PR Visa this year, you may get in touch with Visas Avenue Visa Consultant and Advisor on Toll Free Number- 78-18-000-777 or you can e-mail us at- info@visasavenue.com.

 

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