Which Australian Visa is Right for Your Business Visa 890 or Visa 132?

Are you looking to expand your business in Australia? If so, you probably have seen the Business owner visa subclass 890 and Business Talent Permanent Visa Subclass 132. These visas are designed to help business owners migrate and grow their businesses in Australia. But which one is right for you? Here are the differences between these two visas to help you decide which is best for your business.

The Requirements for Each Visa

• Business Owner Visa Subclass 890

The Business Owner Visa Subclass 890 is designed for business owners looking to move to Australia and run their businesses. To be eligible for this visa, applicants must demonstrate a successful business track record with at least 3 years of management experience as the owner or part-owner of a business. You must also demonstrate a total net personal and business asset value of at least AUD 1.5 million and have a minimum of AUD 500,000 of those assets available for investment in the Australian business.

• Business Talent Permanent Visa Subclass 132

The Business Talent Permanent Visa Subclass 132 is designed for business owners or investors looking to establish manage and own a new business or invest in an existing one. To be eligible for this visa, applicants must demonstrate a successful business track record with at least 4 years of management experience as the owner or part-owner of a business. You must also demonstrate a total net personal and business asset value of at least AUD 1.5 million and have a minimum of AUD 800,000 of those assets available for investment in the Australian business. Additionally, you must meet specific English language requirements and score at least 65 points on the point’s assessment grid.


The benefits of each visa 890 or visa 132

The Business owner visa 890 for Australia is designed to assist business owners and entrepreneurs in establishing or expanding an existing business in Australia. This type of visa is ideal for individuals who have owned a business overseas and wish to transfer the business to Australia or those who wish to create a new business within the country. The visa offers several advantages to its holder, including:

• A pathway to permanent residence. After four years, Subclass 890 holders may be eligible to apply for permanent residence.

• The ability to bring family members to Australia. You can include your partner, dependent children, and other dependents such as parents on your visa application.

• An opportunity to work in Australia. Subclass 890 holders can work in any job in Australia and may also take part in voluntary work.

• The Business Talent Permanent Visa Subclass 132 is designed for successful business owners and investors looking to establish a new business or invest in an existing one in Australia. This type of visa has several benefits for its holder, including:

• A pathway to permanent residence. After four years, Subclass 132 holders may be eligible to apply for permanent residence.

• The ability to bring family members to Australia. You can include your partner, dependent children, and other dependents such as parents on your visa application.

• The option to travel outside Australia while holding the visa. Business Talent Permanent Visa Subclass 132 holders can travel in and out of the country multiple times while the visa is valid.

• A range of support services is available to help you set up and manage your business in Australia. This includes access to financial advice, tax advice, legal advice, and marketing assistance.


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