Business Talent Visa

For the high caliber business people, the Business talent Visa is designed which is ideal for the owners or part-owners of an overseas business, and have a genuine and realistic commitment to participating in the management of an existing or new business in Australia.

There are two streams in the Business Talent Visas: one is the Significant Business History stream and two is the Venture Capital Entrepreneur stream.

  1. Significant Business History stream
  2. Venture Capital Entrepreneur stream
  1. Significant Business History stream

To submit an expression of interest, you should meet the following criteria:

  • Must be under 55 years of age.
  • net assets of at least AUD 400 000 in a qualifying business in at least two of the four fiscal years immediately before you are invited to apply
  • total assets of at least AUD 1.5 million that can be legally transferred to Australia within two years of the visa being granted
  • a total annual turnover of at least AUD 3 million in your main businesses in at least two of the four fiscal years immediately before you are invited to apply
  • having ownership of at least:
  • 51 per cent of a business with turnover of less than AUD 400 000 per annum,
  • or 30 per cent of a business with turnover of more than AUD 400 000 per annum,
  • or 10 per cent of a publicly-listed company
  • an overall successful business career with no involvement in unacceptable business activities
  • A genuine desire to own and maintain a management role in a business in Australia.
  1. Venture Capital Entrepreneur stream

You must have obtained at least AUD 1 million in funding from an Australian Venture capital firm for the product commercialization, start-up, or business development if you apply for the Venture Capital Entrepreneur stream, relating to a promising high value business idea.