The Business Talent Visa (132A) is particularly suited to business people with a successful business history who wish to come to Australia to open or take over the development of a large-scale business in Australia.
Significant Business History Stream 132A
After the processing time, you and your family will receive a permanent resident visa (PR) with some benefits as follows:
- Freedom to stay indefinitely in Australia
- Study and work in Australia without limitation
- Support for study cost from the Government
- Join Medicare for the whole family
- Can take citizenship test after 1 year
- Ensure everyone in the application satisfy the required time staying in Australia
- Under 55 years old
- Own at least 1 main business * with turnover of AUD 3 million of 2 in the last 4 financial years
- Total assets: minimum of 1.5 million AUD (own for at least 2 years)
- Enterprise ownership value: AUD 400,000
- Business model in Australia: significant benefits to the state economy should be created
Conditions for provision of the Main Business
- + 51% if turnover <400,000 AUD / year.
- + 30% if the turnover is> 400,000 AUD / year.
- + 10% if the company is listed