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Home > > Types of Visas > > Kaary (Work) Visas > > Business Visa > > 132 (Business Talent (Permanent) visa)
Types of Visas
132 (Business Talent (Permanent) visa) 
The Business Talent (Permanent) Subclass 132 Visa is designed for individuals seeking to establish or enhance a business presence in Australia.
This visa offers the privilege of permanent residency and comes with two distinct streams, each catering to specific criteria:
Streams Available:
- Significant Business History Stream
- Venture Capital Entrepreneur Stream
Eligibility Criteria:
- Possess assets totaling AUD1.5 million along with a business turnover of AUD3 million.
- Obtain nomination from an Australian state or territory government.
- Receive an official invitation to apply for the visa.
Key Features:
- Attain indefinite stay in Australia as a permanent resident.
- Enjoy the freedom to work and engage in studies within Australia.
- Enroll in Australia’s comprehensive public health care system, Medicare.
- Have the ability to sponsor your relatives to join you in Australia.
- Experience the convenience of traveling to and from Australia for a period of five years.
- Potentially qualify to apply for Australian citizenship, contingent on meeting the eligibility requirements.
The Business Talent (Permanent) Subclass 132 Visa provides an opportunity for individuals with a significant business history or innovative business ideas to contribute to Australia’s economic landscape while enjoying the benefits of permanent residency.