Business is an important component of an economy, and the success of the economy could well be construed by the way it conducts the business. If one closely analyzes the impacts of the business, it will be well understood that business which thrives helps in creating employment and services.

Most of the developed countries are working towards revamping and implementing their business policies and attracting investments in lieu of those changes. Well, most investors are always looking forward to sound policies and programmes to support their idea, and once they get a hint of those needs, they are galvanized right away for investments.

Australia, the country which has been lauded for its sound business policies and promising programmes, has been on the top of the table, in terms of attracting the business enthusiasts. The sound policies are the reason that it has witnessed colossal Foreign Direct Investment (FDI) and funding for its growth project.

But there are many areas which are facing bottlenecks and availability of right business talent can definitely solve a majority of the problem. So, in order to facilitate the problem solving, the economy has rightfully planned to introduce the Business Talent (Migrant) (Sub -class 132) Visa for the business investors to end up in the country, and bring about revolutionary changes for growth and development.

Immigration to Australia through Business Talent (Migrant) (Sub-class 132) Visa

As a successful business owner with enough business acumen to deal with complexities and innovate in adversities to bring out possibilities, an individual can look forward to Oz to come and participate in the decision making. Such veterans in business are given ample opportunities to innovate in the country under the Business Talent Visa.

Individuals with sound business knowledge and innovative ideas can voluntarily participate in Australian business entities and assist in its smooth working and productivity. As an individual with sound business sense, the immigrant can apply for sponsorship from any state or territory. The individual/immigrant once recognized would be sponsored by any business in the states and territories under the Business Talent (Migrant) (Sub-class 132) Visa for 5 years.

What would be the implication of this visa?

The visa is implied to help immigrants with the following advantages:

1. Immigrants who have prior business sense can work with existing business or the can also propose new possibilities to set up a new one.
2. Immigrants under this visa category would be given the opportunity to travel to the nation any number of times as per their will.
3. They are also given the chance to bring their dependents and children to the nation. Their children can study in any university in the country after qualifying for the exam.
4. Applicants who have got this visa can live in the country as permanent residents under the Business Talent (Migrant) (Sub class 132) Visa. After the completion of the five year term of the visa, there is also the possibility under which the immigrants can apply, and get the visa extended for another specific time as per the immigration rules.

Who are Eligible for Business Talent (Migrant) (Sub class 132) Visa?

1. The person who is applying for this visa should be less than 55 years of age. However, there are also exceptions when the visa is granted to those who cross this age bracket, but such businesses are highly profitable for the Australian economy.
2. The person who is applying for this visa must show exceptional business career. They must have set record breaking trails in the field of business. Only then they would be considered.
3. The immigrant can only move to Australia, if they are identified by state or territory even as that particular state or territory is willing to sponsor them.
4. The immigrant must have net asset worth AU$ 4, 00,000 for the last 4 years immediately preceding the date of the application.
5. The person should also show that net value of asset to the tune of AU$ 1, 50,000 are legally acquired, and they can be transferred to the nation within two years after the visa has been granted to the immigrant.

If one hires an immigration attorney, most of the challenges can be solved, for a comfortable experience of the immigration.