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A permanent visa for high-calibre business owners or part-owners who want to do business in Australia. You must be nominated by a state or territory government.

Eligibility

Visa eligibility

To find out if you are eligible for this visa, read the Department of Home Affairs' visa criteria for the Business Talent (Permanent) visa (subclass 132).

Victorian nomination eligibility

Age

You must be under the age of 55.

Sufficient funds to settle in Victoria

Applicants and their dependents must have sufficient funds to settle in Victoria. Applicants are required to declare that they have sufficient funds for settlement in their Victorian visa nomination application. It is the responsibility of the applicant to research and determine the cost of living in Victoria to ensure their own financial resources are adequate for settlement. See further information on the cost of living in Victoria.

Living in Victoria

You must have a genuine commitment to establish a residence and reside in the State of Victoria permanently.

Significant Business History

You must have attained a high degree of commercial success in one or more fields of endeavour and demonstrate how you will use your entrepreneurial skills to develop and grow a Victorian-based business.

Business in Victoria

You must undertake business activity that will provide an exceptional economic benefit to Victoria.  Factors taken into account when assessing this exceptional economic benefit include, but are not limited to:

  • introduction of new/improved technology
  • job creation/retention
  • expanding exports of value added goods and services
  • introduction of new skills
  • increasing competitiveness
  • import replacement
  • the particular industry sector involved
  • the geographic location of the business.

Not all business activity is eligible for nomination. Exclusions include:

  • passive investment
  • general importing
  • exporting of commodities and scrap metal
  • small scale freight forwarding and warehousing
  • smaller project-based property development.

Property development

If your proposed business activity relates to property development, you must meet the following additional requirements:

  • have relevant qualifications and experience (e.g. architecture, engineering, construction management). Extensive relevant experience may substitute a qualification - this will be considered on a case by case basis
  • the property development activity aligns with one of  Victoria’s priority sector strategies
  • the minimum A$2 million capital investment does not include land purchase costs, and
  • the activity must not be small scale, project-based property development.

Business management

You must demonstrate how you will undertake senior level day-to-day and overall strategic management of the business.

Capital investment

Your net capital investment into the Victorian-based business will be at least A$2 million.

Business proposal

You must provide a business proposal, supporting research and framework that demonstrates that:

  • you have reviewed and evaluated your proposed business activity thoroughly
  • the proposed business activity is high quality, from a high-calibre person.  

The business proposal is expected to be a detailed document which should include as much information as possible including:

  • relevant market research
  • market entry strategy
  • competitor analysis
  • strengths, weaknesses, opportunities and threats (SWOT) analysis
  • projected cost analysis
  • location research
  • evidence of a joint-venture partnership (if relevant)
  • evidence of any communication with potential suppliers
  • distribution channel information
  • marketing plan
  • feasibility study
  • the role of the applicant in the business.

It is expected that you have visited Victoria and undertaken detailed market research, and consulted with relevant government agencies where appropriate.

Application process

You need to apply for Victorian visa nomination before you make a formal application for your visa.  Applying for visa nomination from the Victorian Government involves three steps.

Step 1: Submit an expression of interest

Submit an expression of interest to the Department of Home Affairs through SkillSelect and nominate 'Victoria' as your preferred destination.

Step 2: Apply for visa nomination

You need to register as a user of this website and then complete your application. You will need to prepare the following documentation for your application and upload it when requested:

  • Business Talent (Permanent) visa (subclass 132) Nomination Conditions form
  • Appointment of an Agent/Representative form (if applicable)
  • Part B form
  • Business plan/market research
  • If the proposed business activity is related to property development, complete the Property Development Assessment form
  • If the proposed business activity is related to export activity, complete the eCommerce and Export Business Overview form.

All forms are available from the Supporting documentation and forms page.

Step 3: Lodge a formal visa application

If you receive visa nomination from the Victorian Government, an automatic invitation will be sent to you by SkillSelect advising you to lodge a formal visa application with the Department of Home Affairs within 60 days.

Victorian visa nomination processing

Processing times can vary. You can expect an outcome within twelve weeks from the time your complete application is lodged for visa nomination.

Additional information

You or your agent (if applicable) will be notified of the outcome of your visa nomination application by email.

Nomination outcome

You and your agent (if applicable) will be notified of the outcome of your visa nomination application by email.

Obligations

As part of your application, you will be required to agree and adhere to the following obligations:

Your obligations:

  • I have read (or have had read to me) the contents of my nomination application and confirm that the information contained therein is true and correct.
  • I confirm that I meet all of the Australian Department of Home Affairs' visa eligibility criteria for the Business Talent (Permanent) visa (subclass 132).
  • I will notify the Victorian Government of any changes to my contact details within the first five years of permanent visa grant and agree to participate in any surveys that the Victorian Government may conduct.
  • I will make contact with the Victorian Government (at the contact points noted on this website) within one month of arrival in Victoria.
  • I will engage in ongoing eligible business activity that provides exceptional economic benefit to Victoria within 23 months of visa activation.
  • I will transfer no less than AUD 2,000,000 for eligible business activity in Victoria.
  • I have sufficient financial resources to support myself and my dependents to settle in Victoria and I understand that it is my responsibility to determine the cost of living in Victoria.
  • I have a genuine commitment to establish a residence and reside in Victoria.
  • I shall not transfer my nomination to any other Australian State or Territory.
  • I will provide a full and complete Department of Home Affairs' Survey of Business Skills Visa Holders (Form 1010) to the Victorian Government when requested.

The Victorian Government -

  • may share information relating to the application and the applicant’s business/investment activities in Victoria with the Department of Home Affairs.
  • reserves the right to make direct contact with the applicant in relation to this application or related matters.
  • has no legal authority to deal with visa matters and will not advocate to the Department of Home Affairs or the Administrative Appeals tribunal on behalf of the applicant.
  • does not endorse any investment made, or any business activity undertaken, by the applicant nor does it accept liability for any financial loss, cost or expense incurred as a result of any business decision, business activities or investments made by any person in any way connected with this application, or otherwise.

Any intention to change the primary nature of the applicant’s proposed business activity must be agreed to in advance by the Victorian Government.

Without express written consent from the Victorian Government, failure to comply with the above conditions may result in the withdrawal of Victorian Government support for the applicant’s visa.

Visa monitoring

The principal visa holder’s activities will be monitored by both Victoria and the Department of Home Affairs 24 months after activation of a Business Talent visa. The applicant must notify the Victorian Government of any changes in their contact details and will participate in any surveys that the Victorian Government may initiate.

The visa holder must own or hold a ‘significant’ portion of an ‘eligible’ business and be able to provide evidence that they have invested their own time and continuously utilised their own skills by actively participating at a senior level in the day-to-day strategic management of that business. The visa holder must also demonstrate that they have complied with Victoria’s visa nomination conditions, signed at the time of nomination.