Business Talent Visa


The business talent visa is open to the highest calibre of business owners to participate in the management and contribution of new or existing Australian businesses. This is a permanent visa for business people who are nominated by an Australian State or Territory government agency.

This visa includes two streams:

  • Significant Business History stream
  • Venture Capital Entrepreneur stream


Significant Business History stream

This visa caters to high-calibre business owners or part-owners who want to do business in Australia

Eligibility

  • Be under 55 years of age, unless exempt
  • Are nominated by a state or territory government
  • Are invited to apply
  • Have net business and personal assets of at least AUD1.5 million and an annual business turnover of at least AUD3 million
  • Total net assets of at least AUD400 000 as the ownership interest in one or more qualifying businesses for least two of the four fiscal years immediately before you are invited to apply and if the qualifying business(es) was a publicly listed company, a shareholding of at least 10 per cent of the total issued capital
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  • Ownership of at least:
    • 51 per cent of a business with turnover of less than AUD400 000 per year
    • 30 per cent of a business with turnover of more than AUD400 000 per year, or
    • 10 per cent of a publicly listed company
  • An overall successful business career
  • A genuine desire to own and maintain a management role in a business in Australia.


Venture Capital Entrepreneur stream

This visa caters to entrepreneurs who have sourced venture capital funding from a member of the Australian Venture Capital Association Limited (AVCAL).

Eligibility

  • Have obtained at least AUD1 million in venture capital funding to start the commercialisation and development of a high-value business idea in Australia
  • Entered into a formal agreement with the venture capital firm for the funding
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