Business Talent Visa – Subclass 132 (Permanent)

How This Visa Works?

TBC

Who Is Eligible For This Visa?

• Be nominated by a state or territory government before being invited to apply for this visa
• There is no upper age limits;
• There is no need to satisfy the points test;
• You must invest at least AUD5,000,000 into complying investments in Australia before visa grant, which are:-
– Commonwealth, state or territory government bonds
– Australian Securities and Investment Commission (ASIC) regulated managed funds with a mandate for investing in Australia:
• infrastructure projects in Australia
• cash held by Australian deposit-taking institutions
• bonds issued by the Australian Government or a State or Territory government

• bonds, equity, hybrids or other corporate debt in Australian companies and trusts listed on any Australian stock exchange
• bonds or term deposits issued by Australian financial institutions
• real property in Australia
• Australian agribusiness
• annuities issued by an Australian registered life company
• loans secured by mortgages over the investments listed above
• derivatives used for portfolio management and non-speculative purposes (which constitute no more than 20 per cent of the total value of the managed fund)
• other managed funds that invest in the investments listed above
– Direct investment into private Australian companies not listed on an Australian Stock Exchange