The direct permanent visa pathway via Subclass 132
Affluent business migrants who can demonstrate a high level of business attributes can gain direct permanent residence with the subclass 132, “Business Talent” visa. The special attraction of this visa is the ability to operate your existing business in your own country while owning and managing the business in Australia. There are 2 streams for entry under this subclass. They are;
• Significant Business History stream
• Venture capital Entrepreneur steam
For all these subclass/streams, there are certain criteria such as age, pass marks, overall successful business career, level of turnover and amount of business assets etc., that need to be satisfied. There are also other pathways to invest in Australia and gain the permanent residency, if you do not satisfy prerequisites for the two subclasses i.e. subclass 188 or subclass 132, mentioned above. Trans Aus Migration can provide more details on these avenues.