Business Talent Visa (Subclass 132)

Business Talent Visa (Subclass 132)

This type of visa is for business people to establish or develop a business in Australia. It has two streams:

  • Significant Business History stream: for high-caliber business owners or part-owners who want to do business in Australia
  • Venture Capital Entrepreneur stream: for people who have sourced venture capital funding from a member of the Australian Venture Capital Association Limited (AVCAL).



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  • Requirements

    Applicants must lodge an expression of interest and be nominated by a state or territory government agency and invited to apply by the minister.

    This requires:

    • net business and personal assets of at least AUD 1.5 million and an annual business turnover of at least AUD 3 million, or
    • at least AUD 1 million in venture capital funding to start the commercialisation and development of a high-value business idea in Australia.


    This is a permanent residence visa but can be applied for from outside Australia.

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