Business Talent
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Australian Immigration under the Australian business talent visa category is open to applicants who have had a successful history of business or investment activity and wish to emigrate to Australia to use these skills.
There are several qualifying criteria for Australian visas of this subclass and some people also find information on Senior Executives Visas helpful:
Duration
The Australian business talent visa is an entitlement to Australian permanent residence.
Eligibility Criteria
Age
An Australian business talent visa applicant must be aged 55 years or younger at the time of lodging the Australian visa application.
Please note that applicants who are over 55 years of age may be eligible for the Australian business visa if their business proposal is considered to be of exceptional economic benefit to the sponsoring state or territory.
Business Experience
To qualify for the Australian business talent visa the following requirements must be satisfied. An applicant:
- Must have business net assets of at least AUS$400,000 in at least 2 of the 4 fiscal years immediately before lodging the visa application;
- Must have personal and business net assets of at least AUS$1,500,000, which can be transferred to Australia within 2 years;
- For at least 2 out of the last 4 fiscal years before applying, the business(es) outside Australia must have had an annual turnover of at least AUS$3,000,000
- Must have sponsorship by a state or territory government member at a senior level - i.e. Chief-Minister, Premier, or delegate;
- Must demonstrate the need to be in Australia to conduct or establish the business;
- Must establish or participate in the active management of the qualifying business in Australia, and maintain a substantial ownership interest
- Must agree to the monitoring of business activities by the Department of Immigration for 24 months after arrival in Australia.
Additional Information
Australia has strict health and character requirements that must be met before any permanent visa of more than 12 months will be granted. People attempting to migrate to Australia on an Australian business visa will be required to:
- Undergo a medical examination and chest x-ray undertaken by one of a panel of doctors selected by the Australian authorities, and;
- Obtain police certificates for all countries in which they have lived for more than 12 months in the 10 years leading up to the application.
Find out further information on our Senior Executive page.
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