132 New South Wales

Criteria

1) Department of Home Affairs visa criteria for the Business Talent (Permanent) visa (subclass 132) – Significant Business History stream 

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2) Successful business career: You must provide a full resume and information that supports that you have an overall successful business career. 

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3) Business plan: You must provide a business plan that demonstrates your realistic commitment to establish or participate in a business in NSW that will be of significant benefit to the NSW economy. 

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4) Funds transfer: 

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If your proposed business will be in Sydney 

 you must transfer at least A$3 million in funds to NSW for business and settling and living expenses (inclusive of A$1.5 million business investment – see “Business investment and job creation” requirement). 

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If your proposed business will be in Regional NSW

  you must transfer at least A$2 million in funds to NSW for business and settling and living expenses (inclusive of A$1 million business investment“ – see Business investment and job creation” requirement). 

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5) Business investment and job creation

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 If your proposed business will be in Sydney, your business plan must demonstrate: 

 business investment of at least A$1.5 million in the proposed business; and 

 that your business will create at least five new full time equivalent jobs in NSW. 

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If your proposed business will be in Regional NSW, your business plan must demonstrate: 

 business investment of at least A$1 million in the proposed business; and 

 that your business will create at least three new full time equivalent jobs in NSW. 

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The business investment must be in property, plant & equipment, inventory, or purchased goodwill. This definition applies to businesses that will be in Sydney and Regional NSW