The Business Talent Visa (132) is a permanent business visa. This visa has two streams:
- Significant Business History Stream
- Venture Capital Entrepreneur Stream
To apply for this visa, you must first submit an Expression of Interest (EOI) through SkillSelect. This visa requires nomination by a State or Territory Government, and then an invitation by the Minister. Should you receive an invitation to apply, you will then have 60 days to do so.
You may be inside or outside of Australia at time of application.
Significant Business History stream
The Significant Business History stream is for high-calibre business owners or part-owners who want to do business in Australia. You must have net business and personal assets of at least AUD1.5 million and an annual business turnover of at least AUD3 million.
Venture Capital Entrepreneur stream
The Venture Capital Entrepreneur stream is for people who have sourced venture capital funding from a member of the Australian Venture Capital Association Limited (AVCAL). You must have obtained at least AUD1 million in venture capital funding to start the commercialisation and development of a high-value business idea in Australia.