Business Talent Stream (Subclass 132)
This visa is for experienced business owners, to operate a new or existing business in Australia.
To be eligible, the applicant must:
- not have turned 55 years of age;
- be nominated by an Australian State or Territory government agency;
- have a net value of at least AUD1.5 million (lawfully acquired);
- have an annual business turnover of at least AUD3 million for at least 2 of 4 fiscal years immediately before being invited to apply;
- have a total net asset of at least AUD400,000 as the ownership interest in one or more qualifying businesses for at least 2 of the 4 fiscal years immediately before being invited to apply.