Visa (subclass 132A) Significant business history stream
Visa 132A – Significant Business history stream, is one of the Visa 132 – Business Talent visa. All the eligibility below:
1. Eligibility:
You, your partner, or you and your partner combined must have all of the following:
-
total net assets of at least AUD400 000 as the ownership interest in one or more qualifying businesses for least two of the four fiscal years immediately before you are invited to apply and if the qualifying business(es) was a publicly listed company, holding shares of at least 10 percent of the total issued capital
-
net business and personal assets of at least AUD1.5 million that are legally acquired and can be transferred to Australia within two years after the visa is granted
-
a total annual turnover of at least AUD3 million in one or more of your main businesses in at least two of the four fiscal years immediately before you are invited to apply ownership of at least:
- 51 per cent of a business with turnover of less than AUD400 000 per year
- 30 per cent of a business with turnover of more than AUD400 000 per year, or
- 10 per cent of a publicly listed company
- an overall successful business profession
- no involvement in unacceptable business activities
- a genuine desire to own and maintain a management role in a business in Australia.
You must also be younger than 55 years of age, although a state or territory can waive this requirement if your proposed business will be of exceptional economic benefit to the region where it will operate.
2. This visa lets you do:
After entering Australia, you must:
- establish a qualifying business in Australia, or
- participate in an existing qualifying business in Australia.
In the business, you must:
- maintain substantial ownership
- maintain direct and continuous involvement in the day-to-day management of the business
- make decisions that affect the overall direction and performance of the business in a way that benefits the Australian economy.
After becoming involved in business in Australia, you will be asked to complete:
- Form 1010 Survey of Business Skills visa holders (160 kB PDF).
For more infomation, please contact us.
BUSINESS AND COMMERCIAL LAW
With over 30 years of experinence in Business and Commercial law, we will advise and help you to do business sucessfully in Australia and Vietnam.
Chi tiết