Want to set up or Develop New or Existing Business in Australia? Know about Business Talent (Permanent) visa (subclass 132)

by By Rajneesh Kumar

Posted on October 7, 2015


Australia is a paradise for Immigrants interested to work, study, or business in Australia. It provides tremendous infrastructure facilities, living standard, quality of life, ideal government policies, which magnetize the migrants here from all parts of the world. The businesspersons especially find the Australian, economy, government policies, taxation, infrastructure etc. quite conducive for establishing or developing a business. If you are also interested in setting up or developing any business venture in Australia, we shall update about the right Visa Category you need for the same.

Business Talent (Permanent) visa (subclass 132)

This particular visa category has been designed for the businesspersons interested in setting up a new or developing existing business in Australia. This is a permanent residency visa in Australia, for the business persons nominated by federal or territory government of Australia.

This Visa has two basic categories

  1. Venture Capital Entrepreneur Stream: This category is for the Business persons (owner or part owner of a business) with high profile and ability, who are interested in doing a business in Australia.
  2. Significant Business History Stream: This category is for the individuals who have Australian AVCAL (Australian Venture Capital Association Limited) venture capital funding.

Eligibility Requirements

In order to be eligible to receive this visa, first of all you need a state or territory government nomination and subsequently the invitation to apply by an Australian Minister.

Apart from this you need to:

  • have an annual business turnover of at least AUD3 million and at least AUD1.5 million personal or business asset in order to be eligible to apply for this type of visa under Significant Business History stream, or
  • Have a high-value business idea in Australia and also have obtained at least AUD1 million in venture capital funding to start the commercialization to become eligible to apply for this type of visa under Venture Capital Entrepreneur stream.

Benefits of this Visa

This particular visa is a permanent residence visa in Australia and allows you and your family member, who have also been issued this visa to:

  • study or work in Australia
  • live in Australia for an indefinite period
  • Visit in and outside Australia for 5 years from the visa issuance date (You would require a resident return visa or a different visa after that to return to Australia).
  • get enrolment in Australia’s health-related Medicare scheme
  • sponsor  relatives for permanent residence in Australia (who are eligible)
  • make application for citizenship in Australia (In case you are eligible)

A support or guidance is always handy for the Immigration Procedure complexities

The immigration procedures have become more technical and tricky these days. Hence, a support or guidance from a reliable Immigration Consultancy Service is certainly advisable. A Visa Consultancy Service not only helps you finding legal yet hassle free immigration methods, but also assist you with the formalities of the complex Immigration procedure.

For instance, Visas Avenue- a leading Immigration Consultancy Service has earned a very high reputation of being an excellent support for the immigration applicants in terms of providing help and assistance in Online profile creation, EC through WES, Visa Application filing, Visa application monitoring & follow ups and so on. The Visas Avenue is a team of qualified immigration experts, who specialize in the immigration procedure of Canada, Australia, New Zealand, USA, UK, Denmark and other such immigration hotspot countries.

It also provides the free consultation for general immigration queries. If you seek any support or guidance from the Visas Avenue team, you can fill the free assessment form on its website to receive a call from the Immigration Expert.

Disclaimer: Visas Avenue does not deal in any type of job or job assistance services. Visas Avenue is not a job recruitment agent or job service provider. Visas Avenue does not offer consultancy on / overseas jobs/work permits/international or domestic placements.

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Business Visa for Canada, Australia, New Zealand, USA and UK

by By Rajneesh Kumar

Posted on November 4, 2014

Business Visa For Abroad From India

Business visa is basically granted to the visitors who can invest in, or start up a business in the prospective country. The applicants coming from international backgrounds are expected to look after the development of a strong and profitable economy. It’s a non immigrant visa.

Canada Business Visa– Every year thousands of international business people come to Canada to do business with Canadian companies.

  • There are Canadian laws for entering into Canada, prove your eligibility to qualify as a business visitor. In that one has to look for the specific ways to grow their business, their investments and boost up the business relationships.
  • Being a business visitor, one has to show that the plan for the stay in Canada should be less than six months, the main business pace, its source of income and profits should be out of Canada.
  • The candidates should have valid travel documents, have enough money to stay and return back to home, and most important is the security of Canada, under that Canadian government asks for an police verification from the native country and they make sure about the health issues at the same time.
  • The Immigrant Investor Program seeks to involve experiences people and funds to Canada. The investors must demonstrate business experience.
  • The Entrepreneur Program try to find the skillful migrants that will maintain their own business in Canada. The business should contribute to the economy and give opportunities to the job seekers also, is the main motive of Canadian government.
  • The processing time taken for the business visa depends upon the visa office of the concerned nation.

Also read: Business Visa to Canada

Australia business visa– This visa is for the people who are wishing to own and manage a new or an existing business in Australia, or to invest in an Australian state or territory.

Business Innovation and Investment (Provisional) visa (subclass 188)

  • The requirements- the eligible candidates will get this visa if they are nominated by a state or territory government agency and are invited to apply by the Minister for Immigration and Border Protection
  • A number of the Australian government’s business visas require a state or territory to sponsor or nominate the principal applicant before they can lodge a valid visa application with the Department of Immigration and Border Protection (DIBP)
  • The Victorian Government has a good history for welcoming the business migrants from all over the world.
  • The applicant needs to submit an Expression of Interest (EOI) through Skill Select and be nominated by a state or territory government before the application.
  • This visa includes sub streams: Business Innovation Stream- for the people who are interested in business skills looking forward to establish, develop and manage an existing or a new business in Australia. Investor Stream- it’s for the people who want to make a designated investment of at least AUD 1.5 million in an Australian state or territory and maintain the business and business related activity in Australia.
  • This visa lets you establish a new or to develop an existing business or to invest in Australia, make an designated investment with an Australian state or territory government or make and maintain complying investments in Australia.
  • Travel in and out of Australia for the time your visa is valid through. it also permits you to bring your family members to Australia.

The economy of Australia is considered as a strong, convincing and it ranks in one of the top five blooming economies since 2008. Australia’s growth is tremendous by its determined trade relationship with Asian, European and Americans. The main visa sub classes are-

  • Business Talent Visa (permanent)-132
  • Business Owner Visa-890
  • Investor Visa-891
  • State /Territory Sponsored Business Owner/Investor Visa- 892/893

Also read: Apply Business Visa Australia

New Zealand’s Business Migration categories are designed to contribute to economic growth, attracting ‘smart’ capital and business expertise to New Zealand, and enabling experienced business people to buy or establish business in New Zealand.

  • People wishing to invest funds in a business and live in New Zealand can easily apply for residence under the Investor/Investor Plus Categories, or can apply for a visitor visa valid up to two years under the Temporary Retirement Category.
  • Entrepreneurs- New Zealand Government has a beneficiary visa clause for the people wishing to run their business in New Zealand that is the Entrepreneur Work visa. The people who are granted this visa will be able to apply for an Entrepreneur Residence Visa also, once their business is almost two year old.
  • A new New Zealand sub class for the Business Visa category is Employees of Relocating Business Category. Under this if you are a key employee in a business that is relocating to New Zealand, and then you are eligible for applying this Visa.
  • Being a New Zealand citizen or if you hold a New Zealand residence visa you do not need a business visa.
  • An Australian citizen or a current permanent residence of Australia also doesn’t need to apply for business visa.
  • To enter to New Zealand one needs to be in good health and of good character; have a passport, be a genuine person wishing to work in New Zealand and prove you a skilled worker for the growth of Countries economy.

Also read: New Zealand Business Visa India

Business visas for the United States of America-USA offers limitless opportunities for business people overseas. It allows people to manage their trades and divert their funds and investments in USA.

  • Applying for the B1 visa, you must consult to the concerned consular officer that you are qualifying for a U.S. visa in accordance with the U.S. Immigration and Nationality Act (INA). Section 214(b) of the INA presumes that every B1/B2 applicant is an intending immigrant.
  • One has to prove that the purpose of the trip to Unites states is on the temporary basis of business.
  • The detail evidence of the funds to cover your expenses whiles your stay in US.
  • Investor visas are for the people who are wishing to settle down in USA by investing a huge capital amount in US, which will target the monitory issues and for the well being of the country’s economy.
  • There are E1 and E2 visas for the citizens of those countries with which United States maintains treatise of commerce and navigation in international banking sectors, insurance, transportation and communications.

Also read: USA Business Visa Process

Business visa for United Kingdom of Great Britain– The United Kingdom is a very popular destination for people desiring to live and work in a new country.

  • Tier1 Exceptional talent visa- it’s basically for the individuals who possess talents which can be recognized internationally in the field of science and art to come and work in United Kingdom’s. The number of people and places keep on increasing in this category. In order to be eligible you need to score 75 points in total. It’s a two stage process: Stage 1 is an application to the Home Office for endorsement by a designated competent body and the Stage 2 is the application for the entry in the clearance or leave to remain using the endorsement. One can easily swap within other visas if you are already working in UK and have exceptional skills.
  • Tier 1 Entrepreneur Visa- it’s for the individuals who want to invest, take over or manage their own business in United Kingdom
  • The eligibilities are- you must be in UK and should have the permission to stay in UK, they should be a highly skilled migrant- business person, innovator, investor, Prospective Entrepreneur.

Also Read: UK High Value Migrants Visa Tier 1 Visa

Feel free to contact our Immigration Specialists and Consultants. We offer a transparent advice and make your all elementary confusions and queries contended and carefree. To know more kindly fill our free assessment form or mail at enquiry@visasavenue.com.

Disclaimer: Visas Avenue does not deal in any type of job or job assistance services. Visas Avenue is not a job recruitment agent or job service provider. Visas Avenue does not offer consultancy on / overseas jobs/work permits/international or domestic placements.

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