BUSINESS TALENT VISA
For high-calibre business owners to establish or develop a business in Australia.
Business Talent (Permanent) Visa (Subclass 132)
Introduction: Welcome to Flyworld Migration, your trusted partner in navigating the intricacies of Australian migration. The Business Talent (Permanent) Visa (Subclass 132) is a permanent residency visa designed for high-caliber business owners or investors who are willing to establish or develop a business in Australia.
Overview: The Subclass 132 visa aims to attract individuals with a proven track record of success in business or investment to contribute to the Australian economy and enhance job creation opportunities. It provides a pathway to permanent residency for individuals nominated by a state or territory government or sponsored by Austrade on behalf of the Australian government.
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Benefits
- Permanent residency status in Australia for the visa holder and eligible family members.
- Freedom to live and work anywhere in Australia.
- Access to government services and entitlements, including healthcare and education.
- Opportunity to apply for Australian citizenship after meeting residency requirements.
- Ability to sponsor eligible family members for permanent residency.
Eligibility
- Eligibility criteria for the Business Talent (Permanent) Visa (Subclass 132) include:
- Being nominated by a state or territory government or sponsored by Austrade on behalf of the Australian government.
- Meeting the criteria of one of the two streams: Significant Business History stream or Venture Capital Entrepreneur stream.
- Demonstrating a successful track record in business or investment.
- Meeting health and character requirements.
- Satisfying any additional criteria specified by the Department of Home Affairs.
Requirements
- Requirements for the Subclass 132 visa include:
- Submission of a comprehensive business proposal or investment plan outlining the proposed business activities or investment in Australia.
- Providing evidence of financial capacity and business assets to support the proposed business activities or investment.
- Meeting health and character clearance requirements.
- Providing evidence of sufficient settlement funds if required.
- Demonstrating a genuine commitment to establishing or developing a business in Australia.
How to Apply:
- Identify the most suitable stream (Significant Business History or Venture Capital Entrepreneur) based on your business or investment background.
- Obtain nomination from a state or territory government or sponsorship from Austrade.
- Prepare a detailed business proposal or investment plan outlining the proposed activities in Australia.
- Gather all necessary documents, including proof of financial capacity, health, character, and settlement funds.
- Complete the visa application form and attach required documents.
- Lodge the visa application online through the Department of Home Affairs' online portal.
- Pay the visa application fee.
- Undergo health examinations and provide police clearance certificates if required.
- Await visa decision from the Department of Home Affairs.
- Processing Time: Processing times for the Business Talent (Permanent) Visa (Subclass 132) vary depending on various factors such as the stream chosen, the volume of applications, and individual circumstances. Generally, processing times range from several months to over a year.
- Cost: The cost of applying for the Business Talent (Permanent) Visa (Subclass 132) varies depending on factors such as the stream chosen and whether the applicant includes family members. As of [current date], the visa application fee starts from AUD $7,855.
- At Flyworld Migration, we understand the importance of attracting high-caliber business talent to Australia. Contact us today for expert guidance and assistance throughout the application process for the Subclass 132 visa!
UAE
Bur Juman, Business Tower – Level
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