132 visas, also known as "Australian business talent immigrants", are the only visas in all investment immigration programs in Australia to be granted the right to permanent residence in a single step. It is also the only category to obtain permanent status and then invest. 132 Visa applicants need to demonstrate their successful experience in running large businesses in the country and undertake to complete their business investment in Australia after obtaining permanent residence status in Australia.
132 Business Immigration Visa advantage
The processing cycle is short, one step to get the green card
The 132 category is the only Australian business immigrant who can "get a green card" in one step, without having to go through a scoring system. The applicant and his family enjoy Australia's full social benefits as well as local residents. Children are eligible for admission to New Zealand on a visa-free basis, including local students, Australian public health care and other social welfare benefits.
No strict residence requirements and free choice of place of residence
Australian green card status generally requires five years of cumulative residence for two years, but 132 visa holders can relax residence requirements if they can provide a close relationship with Australian business, culture, employment, or family. The status of permanent residence can be extended. After obtaining a green card, the applicant is free to live at home or settle in any city in Australia. Suitable for business people who are busier in China and unable to stay in Australia for long periods of time, as well as entrepreneurs with successful business backgrounds who intend to make larger investments in Australia.
Low investment cost
Funding requirements typically range from A $1.5 million to A $3 million, lower than the 5 million visa requirement for 188C. State guarantees require easing, with Western Australia / Kunzhou investing at least 1 million Australian dollars and South Australia meeting only 600000 Australian dollars in exports.
132 conditions for business immigration applications
Application conditions
- Obtain the state government "intention to apply" EOI invitation;
- Applicants have successful business management experience;
- For two of the last four years, the applicant and his spouse have more than 30% of the shares in the company (or more than 10% of the shares in the listed company);
- In the corresponding two years, the company's annual turnover reached 3 million Australian dollars;
- In the corresponding two years, the net assets of the principal applicant and spouse in the company exceeded A $ four hundred thousand;
- The family's net worth is over A $1.5 million;
- The applicant is under 55 years of age (unless the Government waives the age requirement of the applicant) and is incompetent in English;
- After obtaining permanent residence status, the applicant must fulfill the investment commitment in the guarantee state. (see comparison form for details of different state government guarantee requirements)
Regulatory requirement
Although the visa is a permanent residence visa, two years after landing, the Immigration Service will require the applicant to submit a business certificate and the latest state guarantee form. If there is no problem with the review after 2 years, the Immigration Board will notify the approval of the regulatory review, and no further review will be required. If the Immigration Board is not satisfied with the review, it may cancel the applicant's entire family permanent residence visa directly, or give the applicant an additional year to review it after one year (which is often the case where the applicant has already started a business investment). However, the time may be too short or the size of the business does not meet immigration requirements).
Renewal requirement
Permanent residents hold a long-term round-trip visa, need to meet certain residence requirements to renew, five years in Australia for more than 2 years (at least one husband and wife satisfied, satisfied people can renew to 5 years of long-term round-trip visa; Unsatisfied persons may renew their long-term round-trip visa for up to one year. Children over the age of 18 must independently meet their residence requirements).
132 Business migration process
- Evaluate, confirm the eligibility of applications, design the application scheme
- Sign and accept, prepare to apply for security
- Pre-guaranteed arrangement for enterprise audit
- Intention to apply for formal security
- Production of documents and submission of visa applications
- Interview guidance, interview with immigration (opportunity to avoid interview)
- Family medical examination, 132 visa (one step permanent residence visa)
- Pre-trip counseling, the whole family landed in Australia
- Business inspection, completion of project investment
- 2 years of entry, Immigration Investment Review (12 months extension)
- 5-year expiration, permanent residence status renewal
Visa is a one-step permanent residence visa, if you have children in Australia, you can also apply for Australian nationality directly.
