The document provides an overview of the requirements for two streams of Australia's Business Talent (permanent) visa. The Significant Business History stream requires an Expression of Interest via SkillSelect, state sponsorship, a minimum of 65 points on the innovation points test, being younger than 55, significant business assets of $400,000, and a business turnover of $3 million per year. The Venture Capital Entrepreneur stream requires $1 million in venture capital funding from an approved organization, an Expression of Interest via SkillSelect, and has no maximum age or minimum English requirements.

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Business Talent visa (permanent)
The table* below shows an overview of the requirements for applicants who wish to apply for a Business Talent visa (permanent).
Business Talent Visa
(subclass 132)
(Permanent Visa)
Significant Business History
stream
 Expression of Interest (EOI) via SkillSelect
 Innovation points test may be required: min. 65 points
 A State or Territory Sponsorship required
 younger than 55 years
 No minimum English requirement
 Significant business assets of at least $400,000
 Significant business turnover of at least $ 3 million p.a.
Venture Capital Entrepreneur
stream
 $ 1 million must have been sourced in venture capital funding from a member
of AVCAL (the Australian Venture Capital Association Limited) to fund the start
up or product commercialization, business development or expansion of a high
value business idea in Australia
 Expression of Interest (EOI) via SkillSelect
 No maximum age
 No minimum English requirements
*This table is part of the web presence of Sydney Migration International; please see http://www.sydney-migration.com.au for our terms of use.
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