Visa 132A – Program Requirements

This VISA is for people with business skills who want to set up, grow and manage a new or existing business in Australia to boost the economy.

The Significant Business History Stream requires Applicants to:

  • Have the total personal and business assets of at least AUD 1.5 million and be able to move to Australia within 2 years of being granted a visa.
  • Possessing a total net worth of AUD 400,000 equivalent to an ownership stake in one or more businesses for at least two of the four years preceding the application, and if the business is listed on the stock exchange, own at least 10% of the total capital.
  • Total annual turnover of at least AUD 03 million for at least 02 of the 04 years before applying.
  • Minimum investment is AUD 1.5 million, invest in a new business or an existing business in Australia.
  • The program does not require an English certificate and has no age limit.