Business Talent (Migrant)

An application for a permanent residence Visa can also be made by high calibre business persons, under the business talent Visa category. State or Territory government sponsorship is an essential requirement of this business Visa category.

If you are applying under the business talent category, you will need to show that you:

  • have an overall successful business career
  • have significant net assets in business (at least $A400,000 for at least 2 out of the last 4 fiscal years)
  • have significant business and personal assets (of at least $A1,500,000)
  • have achieved a significant annual turnover in your business ($A3,000,000 for at least 2 out of the last 4 fiscal years)
  • have a commitment to maintain an ownership interest in a business in Australia and direct and continuous involvement in management of that business
  • have no history of unacceptable business activities
  • are less than 55 years old unless exceptional circumstances exist