Business Talent Residence Visa

Subclass 132

This visa is now by State or Territory Government invitation only. An Expression of Interest must first be lodged via SkillSelect.

To be eligible for a Business Talent Visa to come to Western Australia you need to show that you have an overall successful business career and that;

  • You have been sponsored by the Government of Western Australia through the Small Business Development Corporation (SBDC);

  • For at least 2 of the 4 fiscal years immediately before your application you (and if applicable your spouse together) have a total net assets in a business of at least AUD400,000 and an ownership interest of at least 10% of the business;

  • For at least 2 of the 4 fiscal years immediately before your application, you owned and managed a business or businesses with an annual turnover of at least AUD3 million;

  • Your (and if applicable your spouse's combined) business and personal assets have a net value of at least AUD1.5 million, which are available to establish or participate in a business and to be transferred to Western Australia within 2 years of being granted your visa, plus sufficient assets to settle in Western Australia;

  • You are aged less than 55 years at the time of application, or you are proposing to establish or participate in a business Western Australia has determined is of exceptional economic benefit to the State;

  • You have a realistic commitment to establish or participate in a business in Western Australia. Additionally maintain a substantial ownership and a direct and continuous management role within the business;

Please note - Applicants for this visa do not have to satisfy a vocational level of English. However, any applicant aged 18 years or more at the time of application who is assessed as not having 'functional English' must pay the second instalment of the Visa Application Charge - AUD8,520 for the primary applicant and AUD4,250 for each dependent over 18 years of age.

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