VENTURE CAPITAL ENTREPRENEUR STREAM
For applicants who have obtained the requisite funding from an Australian venture capital firm.
Applicant
At the time that you lodge your visa application you must:
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be nominated by an Australian State or Territory government
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have obtained at least AU$1 million in funding from an Australian Venture capital firm for the start-up, product commercialisation or business development of a promising high value business idea
Application Process
Anyone who wishes to apply for this visa MUST first be INVITED to lodge an application by the Department of Immigration and Border Protection DIBP.
In order to qualify for an invitation, you must lodge an ‘Expression of Interest’ (EOI). The EOI sets out how you meet the requirements for this visa. Although you do not need to provide supporting documents at this stage, you MUST be able to provide evidence that the information supplied in your EOI is correct at the time that you are invited to apply for the visa.
Once your EOI has been lodged, you will receive a result and points score from DIBP, which is then used to rank you against other potential applicants. If your EOI is successful you will be invited to lodge a visa application.
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How can we help?
We are able to conduct an initial assessment of your eligibility for this visa. This involves checking your business history and circumstances (or entrepreneurial capacity) against the requirements of current DIBP legislation and policy. We will then provide you with informed and comprehensive advice about your ability to meet the minimum standards that DIBP requires in order to consider issuing you with an invitation to apply for this visa.
For a confidential personalised information session please contact us
Business Talent Visa Subclass 132
What is a Business Talent Visa Subclass 132?
The purpose of the Business Talent visa is to allow high-calibre business people and venture capitalists to migrate permanently to Australia. There are two streams under which an applicant can qualify for this visa.
SIGNIFICANT BUSINESS HISTORY STREAM
For applicants who have had a very successful business career, and wish to own and manage a new or existing business in Australia.
Applicant
At the time that you lodge your visa application, you must:
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be nominated by an Australian State or Territory government
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be under 55 years of age (unless the State or Territory government that is sponsoring your application considers that your business will be of exceptional economic benefit to the region)
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you must genuinely want to own, and maintain a major management role in, a business in Australia
Business Experience
At the time that you lodge your visa application:
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you must have an overall successful business career, with no involvement in unacceptable business activities
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in at least two out of the last four financial years, your main business (or two main businesses combined) must have had an annual turnover of at least A$3 million
Net Assets
You (and/or your spouse or de facto partner, if applicable) must:
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in at least two out of the last four financial years have had net assets of A$400,000 in a business (or businesses) in which you had an ownership interest (i.e. shareholder, partner, sole proprietor)
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have total net business and personal assets of at least A$1.5 million that can be legally transferred to Australia within two years of the date that your visa is granted