This Australia Business Visa is part of the Australian Business Innovation and Investment Program designed for the benefit of the country's economy. The Subclass 132 Visa is only accessible by invitation. The applicant must first submit their expression of interest via SkillSelect and on acceptance of the invitation, can proceed to apply for the visa.
The Australia Business Visa is of two kinds: Significant Business History category: this categoryis for the wealthy owners or the partial owners of a company that wishes to take up a leading role in a new or existing business in Australia. Venture Capital Entrepreneur category: this category is for people who have received at least 1 million AUD in funds from an Australian venture capital company.
Visa applications are accepted only by invitation. To receive the invitation to apply, the applicant must submit anexpression of interest,be nominated by the state or territorial government and He/she must possess personal and business assets of AUD 1.5 million (of which 400,000 AUD must be net assets in business) and turnover of AUD 3 million or He/she should secure at least AUD 1 million in funding from an Australian venture capital firm for a high value, promising business idea.
The declaration of interest of the candidate must indicate whether he is interested in the history of the company or the venture capital component. EOI should also indicate whether you are interested in one or all of the states and territories. Note: The applicant does not have the necessary supporting documents when submitting a visa (EOI).
The ability of a reliable business history sequence is:
The applicant for entrepreneurial venture capital must have at least 1 AUD million in the assets of an Australian company for risk capital, product commercialization or commercial development associated with a promising business idea.
After receiving a call for an invitation permanent business vision visa (subclass 132), the applicant has 60 days to apply with the necessary documents.
The documents relate to:
Qualification for education
Mastery of English
Business and investment experience
Note: With TOEFL iBT, the IELTS and PTE academic exams of the candidates will be accepted from November 2014.
Visa Requirement Pay the Candidate: $ 6990
Additional fees for applicants over 18 years of age: 3495 USD
Additional fee for applicants under 18 years of age: 1745 USD
Disclaimer: A visa application is subject to change without prior notice
Post landing and Resettlement Services
Help for accommodation, travel, and settlement
Pick up at the airport - additional charges
Details on local indigenous communities
Local transportation guidelines and other tips for settlement
Australia offers a series of opportunities for a successful business. Australia's impressive reputation as an investment destination is justified for a variety of reasons. Some of them are:
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