Business Visa

Business Visa

 

132 - Business Talent Visa (Direct Permanent Residence)

 

Visa Criteria

  • Not turned 55 @ Time of Invitation unless is of exceptional economic benefit.
  • Must be invited to apply, must apply within the period stated in the invitation, and must be nominated by a State or Territory government agency.
  • Must have a successful business career
  • At least 2 of 4 fiscal years immediately before the invitation, must show net value of assets including husband/wife on business ownership must be at least AUD 400,000. If public listed – min 10% of the total issued capital.
  • At least 2 of 4 fiscal years immediately before the invitation, main business annual turnover min 3 million
  • business & personal assets incl spouse – min net value 1.5 million- transfer to Australia within 2 yr of grant.
  • Subject to post-arrival monitoring – with 24 months survey for the first 3 years, otherwise subject to visa cancellation
  • Must pass a health check.
  • Processing time = usually 3-6 months

 

 

188 - Business Innovation & Investment

First, apply for a Temporary 4-year visa then after successfully commencing business/investment apply for Pathway to Permanent Residency. 

 

Visa Criteria

  • Not turned 55 at the time of invitation unless is of exceptional economic benefit.
  • Must be invited to apply, must apply within the period stated in the invitation, and must be nominated by a State or Territory government agency.
  • Must have a successful business career
  • Either, at least 2 of 4 fiscal years immediately before the invitation, the applicant personally had an ownership interest in one or two of their main business(es) that had a combined annual turnover of at least AUD 500,000 ever year. The net business and personal assets of the applicant and/or their spouse/partner must be is at least AUD 800,000, & be transferred to Australia within 2 years of visa grant. or
  • Either have AUD 1.5 million to invest for least 4 years in Australian state/territory govt bonds, & continue to invest and do business in Australia after those 4 years, or
  • Either have AUD 5 million to invest for least 4 years in a certain type of investments in Australia, & continue to invest and do business in Australia after those 4 years
  • Either have AUD 15 million to invest for least 1 years in a certain type of investments in Australia, & continue to invest and do business in Australia after those 4 years, or
  • Must pass a health check 

 

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