Australia Business Talent Migrant Visa

Australia Business Talent Migrant Visa

Business talent Migrant Visa is Permanent Visa that has two streams:

Significant Business History Stream: This stream is for the people who have the interest of ownership in large businesses.

Venture Capital Entrepreneur Stream: This option is for the people with the venture capital funding access of at least AUD 1 million.

Duration

The Business Talent Migrant Visa is a permanent visa and it grants the status of permanent residence.


Place Of Visa Application

  • You can be in or outside of Australia at the time of lodge of visa application.
  • You must hold a Substantive Visa or Bridging Visa A, B, or C if you are lodging your visa application from Australia.
  • You can only apply for the application online through the SkillSelect System.


State/Territory Nomination

The Business Talent Migration Visa is available to the people who are nominated by an Australian State/Territory government.


Criteria

Common Criteria for both the streams:

  1. You must have the nomination from an Australian State/Territory government.
  2. You must be invited through the Skill Select System.
  3. You must have a genuine and real commitment to establishing a business or participating in an existing business. You must maintain a substantial ownership interest and must be involved in the day-to-day management of the business.


Significant Business History Stream Criteria

  1. You must be under 55 years of age unless the State/Territory government specifies that your business purpose is for an exceptional economic benefit of Australia.
  2. You must have a minimum of AUD 1.5 million net assets.
  3. You must hold the following for at least 2 years of the last 4 fiscal years:
    • At least AUD 400,000 net assets in the business.
    • 10% ownership of the business if it’s listed publicly.
    • Your business must have an annual turnover of a minimum of AUD 3 million for the 2 years of the last 4 fiscal years.

Venture Capital Entrepreneur Stream Criteria

You must have a Venture Capital Funding agreement of a minimum of AUD 1 million through a company in Australia who is an active member of the Australian Venture Capital Association Limited (AVCAL).

Contact us or mail us at info@hfeimmigration.com for more information on a Business Talent Migration Visa and check your eligibility for a business migration.

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