132 Business Visa - Talent (Permanent) A/B by FTS Visa

132 Business Visa talent (Permanent) A/B

Welcome to FTS Education & Visa Services, your trusted partner in the pursuit of a successful 132 Business Visa Talent (Permanent) A/B application. As a leading migration agent in Sydney, our expert team is committed to guiding you through a seamless visa process.

Unlock a world of opportunities with our online migration agent courses, designed to empower you with the knowledge and skills needed for a thriving career in migration services. Our comprehensive online courses ensure flexibility and accessibility, allowing you to master the essentials of immigration consultancy at your own pace.

The 132 Business Talent Visa is for people who are willing to start a new business or develop an existing business in Australia. This is a permanent visa that is available in two streams:

1. Significant Business History Stream

This Visa is ideal for people that are interested in operating a new or existing business.

Application Requisites:

  • The applicant must be under the age of 55 years unless the State or Territory you have been nominated by states otherwise.
  • You must have a net value of at least AUD1.5 million that has been acquired lawfully.
  • For at least 2 of the 4 fiscal years, you must have an annual turnover of AUD3 million, 10% ownership of the business and total net assets of at least AUD400,00.
2. Venture Capital Entrepreneur Stream

This Visa is for all those that have sourced venture capital funding of at least AUD 1 million.

Application Requisites:

  • The applicant must have a venture capital funding agreement of at least AUD1 million.
  • The venture capital funding agreement should be through an Australian company that is a member of the Australian Venture Capital Association Limited (AVCAL).

132 Business Talent Visa Eligibility

  • The applicant must have a successful business career
  • Should be the owner of a successful business for at least 2 economic years
  • Must have net assets worth at least AUD 1.5 million
  • Should have an annual turnover of at least AUD 3 million
  • Should be nominated by the State or Territory Government
  • Competent English
  • Must meet health and character requirements

Process of Application

  • Submit an Expression of Interest or EOI through Skill Select
  • The applicant should be nominated by the State or Territory Government
  • The applicant must receive an invitation from the Department of Home Affairs to apply for this visa.
  • Apply for the Visa and submit the required documents.

At FTS, we understand the importance of informed decisions. Take advantage of our migration agent free consultation service, where our experienced professionals will address your queries, assess your eligibility, and provide personalized advice tailored to your unique situation. Trust FTS Education & Visa Services to be your reliable partner on your journey to securing the 132 Business Visa Talent (Permanent) A/B. Let’s turn your aspirations into reality – Book your visa application appointment today.

Other Business Services

The Business Visa Subclass 132 Talent (Permanent) A/B is tailored for high-calibre business people or part-owners who aim to establish or develop a business in Australia. In contrast, the Business Visa subclass 188 series, including the 188B (Investment), 188C (Significant Investment), and 188E (Entrepreneur) visas, cater to investors and entrepreneurs with varying levels of investment and innovation capabilities. The 132 subclass focuses on business establishment and management, while the 188 series emphasises investment and entrepreneurial activities.

Transitioning directly from a Business Visa subclass 188 to a Business Visa Subclass 132 Talent (Permanent) A/B is not typically straightforward, as they cater to different objectives and eligibility criteria. However, if your business achievements become significantly outstanding, and you meet the high standards of the 132 subclass, a new application can be considered. It’s advisable to consult with an immigration expert to explore your specific circumstances and options.

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