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Business Talent (Permanent) Visa (Subclass 132)

This visa is closed to new applications

 

The Business Talent (Permanent) Visa (Subclass 132) designed for exceptionally successful business people or venture capital entrepreneurs, who want to start or develop a business in Australia.

How do I apply for Business Talent (Permanent) Visa (Subclass 132)?

There are two streams for this Business Talent (Permanent) Visa (Subclass 132): The Significant Business History Stream and the Venture Capital Entrepreneur stream.

You must be invited by an Australian State or Territory to apply for either visa stream. To be considered for an invitation, you must first submit an Expression of Interest (EOI). Your EOI is not a visa application; it is a request to be sponsored for a visa. Once nominated by a State or Territory government, the Australian government may offer an invitation to apply at any time within two years of your EOI submission. Once invited, you must apply for Business Talent (Permanent) Visa (Subclass 132) within 60 calendar days.

You can complete this process in or outside of Australia. The registered migration advisers at eduaid Immigration Services can help you determine your eligibility, prepare your EOI and apply for your visa.

Am I eligible to submit an EOI?

To submit an EOI, you must meet health and character requirements, and you must not have outstanding debts to the Australian government. Also:

Significant Business History Stream applicants must be able to demonstrate they are legitimate, successful business people who genuinely want to own and manage a business in Australia. In most cases, you must be under 55 years of age. However, some sponsors may allow older applicants, depending on the perceived financial benefits.

The monetary thresholds of this stream are high and authoritative, but you can include both you and your partner’s combined assets, and turnover to meet them. At the time you are invited to apply, you will need to show that you own and lawfully acquired at least:

• At least 30% ownership of a business or 10 percent of a publicly listed company
• Minimum AUD 3 million turnovers, in no less than two of the last four fiscal years
• Minimum total personal and business assets of AUD 1.5 million

Venture Capital Entrepreneur Stream requirements are quite different. If you have acquired a minimum of AUD1 million funding from an Australian Private Equity and Venture Capital Association Limited member for a new business venture, you may be eligible. This funding must be part of an official agreement with the venture capital firm for the development, commercialisation, or implementation of a lucrative business project such as a start-up or innovative product.

Are there any conditions once I hold Business Talent (Permanent) Visa (Subclass 132)?

If you gain the Significant Business History Stream visa, you will naturally have to substantially own one or more appropriate businesses, by either starting a new business or buying an ownership stake in an existing company. You must retain this ongoing ownership while personally managing the business in a manner that benefits Australia’s economy.

Venture Capital Entrepreneur stream visa holders must maintain an ongoing ownership relationship with their business venture, as well as fulfilling their obligations under the official venture capital agreement they signed.

What are the features and benefits of Business Talent (Permanent) Visa (Subclass 132)?

For you:

• It is a permanent visa to live, work and study in Australia indefinitely.
• You are entitled to access Medicare, Australia’s subsidised universal health care scheme.
• You can travel freely to and from Australia.
• Opportunity to apply for Australian citizenship.

For your family:

• Your immediate family members, including your partner and your or your partner’s child or stepchild, will enjoy precisely the same benefits and rights as you do.
• Your children are entitled to free primary and secondary education.
• You can apply to sponsor the migration of eligible relatives to join you in Australia.

 

Skilled Regional Visa (subclass 887)

Skilled Regional Visa (subclass 887) is designed for people who have previously worked and lived in particular regional areas of Australia.

How do I get Skilled Regional Visa (subclass 887)?

• You need to hold a Skilled visa or a Bridging Visa A or B (granted from a subclass 487, 489 or 495 visa application)
• You must have previously had a skilled visa for a minimum of two years
• You are required to have previously lived and worked in a specific part of Australia i.e. a regional, low-population growth or designated area
• You must meet health and character requirements
• You can’t have outstanding debts to the Australian government and if you have had a visa refused or cancelled by the Australian government while you were in Australia, you may not be able to apply

Are there any other conditions?

• You need to be in Australia when you apply and when and if the visa is granted

What are the features and benefits of Skilled Regional Visa (subclass 887)?

For you:

• It is a permanent visa. You can migrate to Australia forever
• You can work, study and live anywhere in Australia
• You are entitled to access Medicare, Australia’s subsidised universal health care scheme
• You can travel freely to and from Australia for up to 5 years, after which you will need a Resident Return visa (RRV) to re-enter Australia
• You may be eligible to apply for citizenship

For your family:

• Your immediate family members, including your partner and your or your partner’s child or step-child, will enjoy exactly the same benefits and rights as you do
• Your children are entitled to free primary and secondary education
• You can apply to sponsor the migration of eligible relatives to join you in Australia

 

Regional Sponsored Migration Scheme Visa (187 Visa)

This Regional Sponsored Migration Scheme Visa (187 Visa) is for skilled employees who have an Australian employer willing to sponsor them to live and work in a regional area permanently.

How do I get Regional Sponsored Migration Scheme Visa (187 Visa)? 

There are two streams for this visa: the Temporary Residence Transition stream and the Direct Entry stream. Your employer will nominate you under the appropriate stream, after which you can apply for that stream. Both streams require that:

• You have an employer who is Australian and who wants to sponsor your permanent migration for working in a specified regional area.
• You are younger than 45 when you apply (although there are exemptions in certain circumstances).
• You can demonstrate competent English by passing an approved English language test or by being a citizen of Canada, New Zealand, the Republic of Ireland, the United Kingdom, or the United States.
• You show you are genuinely qualified and experienced to be nominated to undertake the job.
• You meet health and character requirements.

For the Temporary Residence Transition stream, you must also:

• Possess a Temporary Skill Shortage (TSS) visa (subclass 482) or a Temporary Work (Skilled) visa (subclass 457) (not granted under labour agreement arrangements) or a related associated Bridging visa.
• Have been employed in the nominated position by the sponsoring employer for a certain number of years, dependant on your current visa.

If you don’t meet these requirements, your employer may still be able to nominate you under the Direct Entry stream.

Are there any other conditions?

Yes. You must start working for your Australian employer within six months of arriving in Australia, and you must stay in your job for at least two years.

What are the features and benefits of Regional Sponsored Migration Scheme Visa (187 Visa)?

For you:

• Regional Sponsored Migration Scheme Visa (187 Visa) is a permanent visa for regional Australia. You can migrate to Australia indefinitely, but you must live and work in a specified regional area.
• You are entitled to access Medicare, Australia’s subsidized universal health care scheme.
• You can travel freely to and from Australia for up to 5 years, after which you will need a Resident Return visa (RRV) to re-enter Australia.
• You may be eligible to apply for citizenship.

Depending on which state or territory nominates you, you may have to fulfil other obligations to them.

For your family:

• Your immediate family members, including your partner and your or your partner’s child or step-child, will enjoy precisely the same benefits and rights as you do.
• Your children are entitled to free primary and secondary education.
• You can apply to sponsor the migration of eligible relatives to join you in Australia.

Skilled Regional Visa (491 Visa)

The Skilled Regional Visa (subclass 491) is a new skilled migration visa to Australia. It is designed for skilled individuals in particular occupations who are willing to live in any of the designated regional areas of Australia for up to five years.

How do I get Skilled Regional Visa?

There are three different pathways to obtain the subclass 491 visa – the Extended Stay Pathway, the Invited Pathway, and the Subsequent Entry Pathway. The registered migration agents at eduaid can help you determine your eligibility for each pathway, and identify the one most suited to your skills!

Eligibility requirements for all three pathways include:

• Being less than 45 years old (both at the time of lodging the application and when you receive your invitation);
• Meeting the health and character requirements of the Australian government;
• Not having any outstanding debts to the Australian government;
• Not having a visa refused or cancelled by the Australian government at any point in the past.

What are the features and benefits of Skilled Regional Visa?

While each pathway has its specific requirements and features, there are some benefits common to all three of them. These include:

• Living, working and studying in the designated regional area in Australia for up to five years;
• Travelling to and from Australia as you please;
• Having your or your partner’s child or step-child live, work and study alongside you, with the same benefits you enjoy;
• Applying for permanent residency in Australia, provided you meet certain qualifying conditions.

Extended Stay Pathway

This pathway of the subclass 491 visa allows you to prolong your stay in Australia by five years.

Specific Eligibility Requirements

To be eligible for the Extended Stay Pathway stream of the subclass 491 visa, you must hold only one of the following provisional visas:

1. Skilled Regional Sponsored visa (subclass 475)
2. Skilled Regional Sponsored visa (subclass 487)
3. Skilled Independent Regional visa (subclass 495)
4. Skilled Designated Area Sponsored Provisional visa (subclass 496).

In addition to holding any one of these visas, you must also have fulfilled all the relevant conditions for two years before you can apply for the visa.

Specific Conditions and Benefits

With the Extended Stay Pathway of the subclass 491 visa, you can:

• Extend your stay in Australia by five years from the start of your initial visa;
• Be employed by any employer in any field, and not be bound to just your area of expertise;
• Live, work and study in your designated regional area;
• Live and work in the region sponsoring your stay, in case you hold a skilled regional visa sponsored by an Australian state or territory;
• Live in any de                                                                                                                                                                                                                              signated area in Australia, in case a family member sponsors you.

Invited Pathway

You can apply for this stream of the subclass 491 visa if you are sponsored by an Australian state, territory, or a relative. You also need to submit an Expression of Interest (EOI), which is your request to the Australian government to be considered for the visa.

Specific Eligibility Requirements

To qualify for the subclass 491 visa, you must:

• Be less than 45 years old (both when you apply for the visa as well as when you receive your invitation);
• Have an occupation which is included in the relevant skilled occupations list;
• Pass a Skills Assessment to prove that you are genuinely qualified and experienced in your trade;
• Score 65 or more in your points test, and retain this score until you receive your invitation.
• Have passed an approved English Language test no more than three years before you receive your invitation. However, this condition can be waived for citizens (or valid passport holders) of the United States, the United Kingdom, Canada, New Zealand, and the Republic of Ireland.

Specific Conditions and Benefits

With the Invited Pathway stream of the subclass 491 visa, you can live, work and study in your designated area in Australia for five years. You must remain in your designated area if nominated by a relative currently residing in Australia.

Subsequent Entry Pathway

This pathway lets you apply for the subclass 491 visa if you have a relative currently residing in Australia, who agrees to sponsor your stay in the country.

Specific Eligibility Requirements

To be eligible for the Subsequent Entry pathway of the subclass 491 visa, your partner or dependent child (must be older than 18) must sponsor you and hold one of the following visas:

1. Skilled Regional Sponsored visa (subclass 475)
2. Skilled Regional Sponsored visa (subclass 487)
3. Skilled Independent Regional (Provisional) visa (subclass 495)
4. Skilled Designated Area Sponsored visa (subclass 496)

Since you will be sponsored for this stream by your relatives, they will have to bear your responsibility, which they will be required to acknowledge formally.

Moreover, you will need to pay an additional fee if you do not have a functional grasp on English.

Specific Conditions and Benefits

This pathway of the subclass 491 visa lets you:

• Stay in Australia for as long as your sponsoring relative’s visa is valid;
• Live, work and study in your designated regional area of Australia;
• Travel to and from Australia as many times as you want while the visa is valid;

For more information on the subclass 491 visa and which of its streams to apply under, get in touch with our registered migration agents today!

 

Skilled Nominated Visa (190 Visa)

The Skilled Nominated Visa (Subclass 190) is an Australian immigration pathway designed for skilled workers who want to live and work in Australia on a permanent basis. This visa is part of the General Skilled Migration (GSM) program and requires nomination by a state or territory government in Australia.

In this article, we will explore the key aspects of the Skilled Nominated Visa (Subclass 190) and provide a comprehensive guide for aspiring applicants.

What is a Skilled Nominated Visa (Subclass 190)?

The Skilled Nominated Visa (Subclass 190) is a points-based visa that allows skilled workers to live and work in Australia permanently. It is specifically designed to address skill shortages in various occupations across different states and territories in Australia. This visa subclass provides an opportunity for skilled individuals to contribute to the Australian economy and obtain Australian permanent residency.

How do I get this Skilled Nominated Visa (Subclass 190)? 

To apply for Skilled Nominated Visa (Subclass 190), you must first submit an Expression of Interest (EOI). You may then be nominated for this visa by a state or territory government.

Once you are nominated, you will be invited to apply.

Eduaid can help you with your eligibility for this visa and your EOI and application.

As a guide to your eligibility:

• You must be under 45 years of age (and still be when you receive your invitation).
• You must have an occupation that is on the Skilled Independent visa (subclass 189) – Points-tested stream Skilled Occupations list.
• You must pass a Skills Assessment to prove you are genuinely qualified and experienced in that occupation.
• You must attain a points score of 65 or above (and retain this score until you receive your invitation). Your points score is determined by several factors, including your English level, employment skills and history, qualifications and education.
• You must have passed an approved English language test no more than three years before receiving your invitation, or by being a citizen (or hold a valid passport) of Canada, New Zealand, the Republic of Ireland, the United Kingdom, or the United States.
• You must meet health and character requirements.
• You must not have outstanding debts to the Australian government.
• You may not be able to apply if you have had a visa refused or cancelled by the Australian government while you were in Australia.

What are the features and benefits of Skilled Nominated Visa ? 

For you:

• It is a permanent visa. You can migrate to Australia forever
• You can work and study as you please.
• You are entitled to access Medicare, Australia’s subsidised universal health care scheme.
• You can travel freely to and from Australia for up to 5 years, after which you will need a Resident Return visa (RRV) to re-enter Australia.
• You may be eligible to apply for citizenship.

Depending on which state or territory nominates you, you may have to fulfil other obligations to them.

For your family:

• Your immediate family members, including your partner and your or your partner’s child or step-child, will enjoy precisely the same benefits and rights as you do.
• Your children are entitled to free primary and secondary education.
• You can apply to sponsor the migration of eligible relatives to join you in Australia.
  

  Comparison with Other Visa Subclasses

  While the Skilled Nominated Visa (Subclass 190) is a popular choice for skilled workers, it is essential to understand its differences and advantages compared to other visa subclasses. For instance, the Skilled Independent Visa (Subclass 189) does not require state or territory nomination but has higher points requirements.

  On the other hand, the Skilled Regional (Provisional) Visa (Subclass 491) offers a pathway to permanent residency but requires nomination by a regional area.

Business Migration To Australia

Australia, known for its vibrant economy and high standard of living, has become an attractive destination for entrepreneurs and business owners looking to expand their ventures. With a stable political environment, robust infrastructure, and a skilled workforce, Australia offers a conducive environment for businesses to thrive. This guide aims to provide you with a comprehensive understanding of business migration to Australia, including the requirements, benefits, and steps involved in relocating your business to the Land Down Under.

1. Understanding Business Migration To Australia

Business migration to Australia refers to the process of relocating an existing business or establishing a new business in the country as a foreign investor. This pathway allows entrepreneurs to contribute to the Australian economy, create employment opportunities, and stimulate economic growth.

2. Categories of Business Migration

There are various categories of business migration to Australia, each catering to specific business needs and circumstances. Let’s explore the different options available:

2.1 Business Innovation and Investment Visa (subclass 188)

The Business Innovation and Investment Visa (subclass 188) is designed for individuals with demonstrated business skills and significant investment capital. This visa allows successful applicants to establish a new business, manage an existing business, or invest in designated investment options in Australia.

2.2 Business Talent Visa (subclass 132)

The Business Talent Visa (subclass 132) is for high-caliber business owners and entrepreneurs who are nominated by an Australian state or territory government. This visa provides a pathway for individuals to establish or develop a new or existing business in Australia.

2.3 Temporary Activity Visa (subclass 408)

The Temporary Activity Visa (subclass 408) is ideal for business owners or employees who wish to undertake short-term business activities in Australia. This visa allows individuals to engage in specific activities, such as attending conferences, participating in trade fairs, or engaging in contractual negotiations.

2.4 Global Talent Visa (subclass 858)

The Global Talent Visa (subclass 858) is a pathway for highly skilled professionals, entrepreneurs, and startups to migrate to Australia. This visa is designed to attract innovative and exceptional talent in targeted sectors, including technology, science, and engineering.

3. Benefits of Business Migration To Australia

Relocating your business to Australia offers a range of advantages and benefits. Let’s explore some of the key benefits:

3.1 Stable and Favorable Business Environment

Australia provides a stable and favorable business environment, supported by robust governance, strong institutions, and transparent regulations. This stability promotes long-term business growth and allows entrepreneurs to plan for the future with confidence.

3.2 Access to a Skilled Workforce

Australia boasts a highly skilled and educated workforce, making it an attractive destination for businesses seeking talented employees. The country’s universities and vocational institutions produce a steady stream of skilled graduates across various fields, ensuring a diverse talent pool for businesses.

3.3 Global Trade Opportunities

Being strategically located in the Asia-Pacific region, Australia serves as a gateway to the growing markets of Asia. The country has numerous free trade agreements in place, allowing businesses to access a wide range of international markets with reduced trade barriers.

3.4 Quality of Life

Australia offers an exceptional quality of life, with its pristine natural landscapes, world-class healthcare, and excellent education systems. This attractive lifestyle not only benefits business owners but also plays a significant role in attracting and retaining talented employees.

4. Requirements for Business Migration To Australia

To be eligible for business migration to Australia, you must fulfill certain requirements. The specific requirements vary depending on the visa category you choose. Here are some common requirements:

4.1 English Language Proficiency

Most business migration visas require applicants to demonstrate their English language proficiency. This is typically assessed through recognized English language tests, such as the International English Language Testing System (IELTS) or the Test of English as a Foreign Language (TOEFL).

4.2 Business Experience

Applicants are expected to have a proven track record of successful business ownership or management experience. This is assessed through factors such as previous business ownership, financial statements, and business turnover.

4.3 Investment Capital

Certain business migration visas have minimum investment capital requirements. The amount varies depending on the visa category and the proposed business activity. Applicants must be able to demonstrate their capacity to make the necessary investment in Australia.

4.4 Health and Character Requirements

All applicants, regardless of the visa category, must meet health and character requirements. This includes undergoing medical examinations and providing police clearances to ensure that they pose no health or security risks to the Australian community.

5. Steps Involved in Business Migration

The process of business migration to Australia involves several key steps. Let’s take a closer look at the typical sequence of events:

5.1 Preliminary Research and Planning

Before embarking on the business migration journey, conduct thorough research on the Australian market, industry opportunities, and visa requirements. Create a detailed business plan outlining your proposed business activities, investment capital, and growth strategies.

5.2 Visa Application

Once you have identified the most suitable visa category, prepare and submit your visa application along with the necessary supporting documents. It’s crucial to ensure that all documents are accurate, complete, and meet the specific requirements of the chosen visa.

5.3 Business Setup and Registration

Upon obtaining the necessary visa, you can proceed with setting up your business in Australia. This includes registering your business with the Australian Securities and Investments Commission (ASIC), obtaining necessary licenses or permits, and complying with taxation and employment regulations.

5.4 Business Operation and Growth

After successfully establishing your business in Australia, focus on its operation and growth. Develop a robust marketing strategy, build strong networks within the industry, and engage with relevant business associations to leverage the opportunities available in the Australian market.

 

WORK & OTHER VISA

This pathway allows you to come in Australia. Due to its rapid economic growth and low population density, Australia is the perfect destination for professionals who really care for their career and family.

REVIEW & APPEAL MATTERS

eduaid will provide the immigration support to get you to Australia.

FAMILY & PARTNER VISA

This visa is for you if you are a parent of a child or stepchild, or partner or relative who, at the time the visa application is lodged, is ‘settled’ and either an Australian citizen, permanent resident or eligible New Zealand citizen. This means your child/stepchild/partner or relative must have been lawfully resident in Australia for a reasonable period, normally two years, although a shorter period can be considered for Australian citizen if there are compelling and compassionate circumstances.

VISITOR & TEMPORARY VISA

These visas are open for everyone who wish to visit Australia temporarily for tourism purposes, medical treatment, business activities or other purposes.