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Direct Permanent Residency: the Business Talent (Residence) visa
This visa (subclass 132) leads directly to permanent residency. It is available in two streams; the Significant Business History Stream and the Venture Capital Entrepreneur Stream. The Significant Business History Stream is available to people who can demonstrate a highly successful business career over a long period of time. It requires sponsorship by a State or Territory government.
The Venture Capital Entrepreneur Stream is available for people who have entered into an agreement with an Australian company to receive venture capital funding. It also requires sponsorship by a State or Territory government.
More details on the requirements for the business talent (residence) visa.
Updated 17 September 2010.