About Business Talent Visa (Visa 132)

The Business Talent Visa (Visa 132) is part of the Australian Business Innovation and Investment Program. This visa is designed for high calibre business people who are owners or part owners of an overseas business and have a genuine and realistic commitment to participate in the management of a new or existing business in Australia.

  • Investor and family members (spouse and children under 23 years old at the time the visa is issued) will be issued with an accompanying visa
  • The advantage of this 132 Visa is that the Applicant and the whole family go straight to permanent residence without going through a temporary residence period

Visa 132 benefits

  • Be a permanent resident from the first day of arrival to Australia for the whole family (spouse, children under 23 years old)
  • Applicants’ children are exempt from tuition fees from grade 1 to grade 12 if they study at public schools or local tuition fees as same as Australian citizens at Colleges, Universities, and Colleges.
  • To enjoy the full benefits of health care (Medicare), social security, and education as an Australian citizen
  • Be freely travel to Australia anytime

Visa 132 requirements

  • The primary applicant under 55 years old
  • Present business plan to state or territory governments
  • Nominated by a state or territory government
  • Having a successful business career
  • Holding net business net of no less than 400,000 AUD in the main business for at least two financial years in the past 4 financial years immediately before the visa application
  • Main business achieving an annual turnover of no less than 3,000,000 AUD for at least 2 financial years in the past 4 financial years immediately before the visa application
  • Combined main business ownership of the primary applicant and the spouse for 2 financial years in the past 4 financial years should be: 30%, or above 10% – when main business is a public listed company
  • Combined business and personal net assets of the primary applicant and the spouse is no less than 1,500,000 AUD before the visa application, which should be unencumbered and legally acquired and will be transferred to Australia after the visa grant

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