Under the Australian Business Talent visa, applicants have an ideal option for competent business owners to explore and contribute to the success of a new or existing Australian business. This requires State or Territory government sponsorship and this is a permanent visa.

Australian Business Talent Visa Basic Requirements

Under Business Talent (Migrant) visa, Business people who are less than 55 years of age can apply. However, with State, Territory government sponsorship can also avail this program and the business people should be 55+ years of age. Applicants should also propose a detailed business proposal, while applying for this visa. They should be able to demonstrate that they have adequate assets to settle in Australia, since this is a permanent visa. Applicants have been able to generate a turnover of AUD$3,000,000 (minimum) for at least 2 of the preceding 4 years and they should produce evidence that in their main business.

Australian Business Talent Visa Entitlements

Australian Business Talent visa holders may apply for permanent residence of Australia. Holders of this visa are permitted to live, study and work in Australia, permanently, just as permanent residents. They can also avail the advantages such as, certain social security benefits, government-subsidized healthcare (Medicare), and the opportunity to apply for Australian citizenship.