Business Talent (Permanent) visa (subclass 132) – Significant Business History stream
This visa is for experienced business owners, to operate a new or existing business in Australia.
You must have:
- a net value of at least AUD1.5 million (lawfully acquired)
- an annual business turnover of at least AUD3 million for at least 2 of the 4 fiscal years immediately before you are invited to apply
- a total net assets of at least AUD400,000 as the ownership interest in one or more qualifying businesses for least 2 of the 4 fiscal years immediately before you are invited to apply
Business Talent (Permanent) visa (subclass 132) – Venture Capital Entrepreneur stream
This visa is for people who have sourced venture capital funding from a member of the Australian Investment Council (AIC) (formerly known as the Australian Private Equity and Venture Capital Association Limited (AVCAL)).
You must have funding of at least AUD1 million from an Australian venture capital firm.