132 South Australia
132 Business Talent visa (SBH & VCE)
Criteria:
Significant Business History (SBH)
To meet the South Australian nomination requirements you must:
• Commitment to South Australia – you need to have visited SA prior to State nomination application and intend to do business and live in South Australia for your long-term settlement
• Benefit to State - Commit to invest in South Australia and meet the benefit to state requirement.
• Maintain contact - Agree to register your arrival in South Australia with Immigration SA, maintain current contact details and provide updates online and in person every six months for the duration of your visa.
• Meet the Australian Department of Home Affairs visa eligibility criteria for the Business Talent Visa
• Meet Achievements within two years - Provide information to Immigration SA to enable a two year review after visa grant. The information must detail the type of business being conducted, scale of the business and which of the Benefit to State requirements you have met.
• SkillSelect Expression of Interest (EOI) – you need to have an EOI which meet the Department of Home Affairs 132 SBH stream criteria and Immigration SA nomination requirements.
Venture Capital Entrepreneurs (VCE)
To meet the South Australian nomination requirements you must:
• Meet Department of Home Affairs 132 VCE stream criteria.
• Intend to live in South Australia
• Have a viable business idea approved for a minimum AUD $1,000,000 from a member of the Australian Private Equity and Venture Capital Association Limited (AVCAL) for a business venture in South Australia. The venture must be of exceptional economic benefit to South Australia with intellectual property to be registered in Australia.
• Agree to register your arrival in South Australia with Immigration SA and maintain current contact details for the duration of your visa.