Business Talent (Permanent) Visa (Subclass 132)
The Business Talent (Permanent) Visa (subclass 132) offers a pathway for talented business owners or entrepreneurs to permanently establish or expand their business in Australia. This visa requires a nomination by an Australian government agency and is designed to attract highly skilled individuals who can contribute to Australia’s economy.
Highlights:
- Permanent Residency: This visa grants permanent residency, allowing you to live and work in Australia indefinitely.
- Work and Study: You have the right to work and study in Australia without restrictions.
- Travel Freedom: You can travel in and out of Australia for the first five years of the visa.
- Family Inclusion: You can bring your family to live with you in Australia under the same visa.
- Healthcare: Access to Medicare, Australia’s public healthcare system, is available.
- Citizenship: You may apply for Australian citizenship when eligible.
Key Eligibility Requirements:
- Age: Applicants must be under 55 years old.
- English Proficiency: You need to demonstrate functional English language skills.
- Character and Health: You must meet the health and character requirements set by the Australian government.
- Business Experience: You need to provide details of your business experience and the nature of your business.
- Financial Requirements: Net assets of at least AUD 1.5 million. A minimum turnover of AUD 3 million in business operations. Minimum net worth of AUD 400,000 from your business activities.
- Nomination: A nomination from an Australian State or Territory government is required.
- No Previous Visa Issues: You must not have a history of visa cancellations or denials.
For expert guidance and a smooth application process, reach out to Upright Migration Consultants. Our experienced team will help you navigate the process and ensure your visa application is successful.