PipPipnallthat Posted April 16, 2016 Share Posted April 16, 2016 Has any one considered the Business Talent Visa 132, either because they do not fit into any Skill Select category or due to not getting a Visa through other streams? Link to comment Share on other sites More sharing options...
VERYSTORMY Posted April 16, 2016 Share Posted April 16, 2016 It is a very unsual visa and I would recommend you speak to a very good registered migration agent. Link to comment Share on other sites More sharing options...
Bungo Posted April 16, 2016 Share Posted April 16, 2016 Has any one considered the Business Talent Visa 132, either because they do not fit into any Skill Select category or due to not getting a Visa through other streams? It isn't a visa people resort to when they can't get another visa. It has very high requirements and as such you don't see that many people going for it. Do you meet the basic requirements regarding personal and business assets, business turnover or venture capital? Link to comment Share on other sites More sharing options...
PipPipnallthat Posted April 16, 2016 Author Share Posted April 16, 2016 I'm actually an ex pat in Australia looking for some one who may be interested in this type of Visa. I'm a little tired of dealing with those from the subcontinent whose language skills are a barrier. I figured trying people of the mother tongue might return better results. Link to comment Share on other sites More sharing options...
blossom Posted April 16, 2016 Share Posted April 16, 2016 Definitely consult a registered migration agent on this one before paying out any money to apply. It's not an easy on to get. Link to comment Share on other sites More sharing options...
Bungo Posted April 16, 2016 Share Posted April 16, 2016 I'm actually an ex pat in Australia looking for some one who may be interested in this type of Visa. I'm a little tired of dealing with those from the subcontinent whose language skills are a barrier. I figured trying people of the mother tongue might return better results. What do you mean you are looking for someone who might be interested in this type of visa? If somebody qualifies for this visa, then they would be a successful busines owner, running a $3million business of their own. Link to comment Share on other sites More sharing options...
PipPipnallthat Posted April 16, 2016 Author Share Posted April 16, 2016 Actually some one investing in an Australian business, purchasing an Australian business, investing in Government bonds from between $1m to $1.5m AUD is eligible for this Visa. Not sure where you get the $3m unless the Significant Investor 188/888 Visa category has been revised. Link to comment Share on other sites More sharing options...
PipPipnallthat Posted April 16, 2016 Author Share Posted April 16, 2016 I've discussed with a few experienced MARA agents and they say it's much easier than the Significant Investor Visa and most of their inquiries are for the 132 over the SIV. One thing you need to understand about Australia right now is the government is starved of capital and the economy is slow. They are very happy to jump through hoops to get investors and businesses moving in Australia right now if it means creating jobs and adding to the economy. Link to comment Share on other sites More sharing options...
VERYSTORMY Posted April 16, 2016 Share Posted April 16, 2016 Actually some one investing in an Australian business, purchasing an Australian business, investing in Government bonds from between $1m to $1.5m AUD is eligible for this Visa. Not sure where you get the $3m unless the Significant Investor 188/888 Visa category has been revised. [h=3]Requirements[/h]Visa Summary Requirements You might be able to get this visa if you are nominated by a state or territory government agency and are invited to apply by the minister. You must also either: have net business and personal assets of at least AUD1.5 million and an annual business turnover of at least AUD3 million if you intend to apply for the visa in the Significant Business History stream, or have obtained at least AUD1 million in venture capital funding to start the commercialisation and development of a high-value business idea in Australia if you intend to apply for the visa in the Venture Capital Entrepreneur stream. https://www.border.gov.au/Trav/Visa-1/132- Link to comment Share on other sites More sharing options...
PipPipnallthat Posted April 16, 2016 Author Share Posted April 16, 2016 Thank you Very Stormy :wink: Link to comment Share on other sites More sharing options...
Alan Collett Posted April 16, 2016 Share Posted April 16, 2016 If you have capital and the level of business turnover that satisfies the requirements of a 132 visa application I'd seriously consider the 188 to 888 visa strategy over the 132 because of the tax breaks available to temporary visa holders who are residing in Australia. Best regards. Link to comment Share on other sites More sharing options...
rammygirl Posted April 16, 2016 Share Posted April 16, 2016 Don't think the op needs a visa. Think they are looking to sell their business to someone who wants one though. Link to comment Share on other sites More sharing options...
Alan Collett Posted April 16, 2016 Share Posted April 16, 2016 Don't think the op needs a visa. Think they are looking to sell their business to someone who wants one though. Got it - thanks! Best regards. Link to comment Share on other sites More sharing options...
rammygirl Posted April 16, 2016 Share Posted April 16, 2016 Could be wrong just my second sense. Oh and another post of theirs. Bit cheeky not to be more upfront though. Link to comment Share on other sites More sharing options...
PipPipnallthat Posted April 17, 2016 Author Share Posted April 17, 2016 Whilst I am selling one of my businesses (I have several) rammygirl, I am also looking for a business partner in a new tourism venture in Tasmania. As mentioned earlier in relation to the Government and their lack of funding, the investment level in Australia is certainly on the slide and finding the appropriate funding without tying myself to a bank is proving difficult. Exploring the avenues of the existing Visa systems appears to be one option, whilst hair breadth slim, if some one shows interest and can tick all the boxes then there is benefit for both parties. Opening the discussion topic, for which i couldn't find in other threads enables others who may come in the future find information, opinion and contacts, and if nothing is forth coming from this conversation for my requirements then no harm no foul. Certainly if I came out all "used car salesman with bells and whistles", the responses would be fewer and the comments less pleasant. I hope the discussion continues and offers more insight, questions and facts because that educates and assists me in the future. The opportunity to educate and learn far out weighs the opportunity to criticise and berate. Link to comment Share on other sites More sharing options...
PipPipnallthat Posted April 17, 2016 Author Share Posted April 17, 2016 Post edited due to too much blood in my alcohol system and incorrect use of a word. Link to comment Share on other sites More sharing options...
PipPipnallthat Posted April 17, 2016 Author Share Posted April 17, 2016 Tax is what you voluntarily pay to the government, without sending funds off shore there are ways to limit your exposure to tax legally. I haven't noted the tax implications on the 132 Visa, probably because the income tax would be nominal anyway. No such breaks with the 132 Visa also? Link to comment Share on other sites More sharing options...
rammygirl Posted April 17, 2016 Share Posted April 17, 2016 Whilst I am selling one of my businesses (I have several) rammygirl, I am also looking for a business partner in a new tourism venture in Tasmania. As mentioned earlier in relation to the Government and their lack of funding, the investment level in Australia is certainly on the slide and finding the appropriate funding without tying myself to a bank is proving difficult. Exploring the avenues of the existing Visa systems appears to be one option, whilst hair breadth slim, if some one shows interest and can tick all the boxes then there is benefit for both parties. Opening the discussion topic, for which i couldn't find in other threads enables others who may come in the future find information, opinion and contacts, and if nothing is forth coming from this conversation for my requirements then no harm no foul. Certainly if I came out all "used car salesman with bells and whistles", the responses would be fewer and the comments less pleasant. I hope the discussion continues and offers more insight, questions and facts because that educates and assists me in the future. The opportunity to educate and learn far out weighs the opportunity to criticise and berate. You would also get more relevant answers, people thought you wanted a visa to start with. Link to comment Share on other sites More sharing options...
PipPipnallthat Posted April 17, 2016 Author Share Posted April 17, 2016 I appreciate the feed back from them and it was interesting to read their thoughts and concerns. Again, I can only benefit from feed back, positive or negative, because if I do find some one interested in this Visa type, quite likely they will have the same concerns as noted. Link to comment Share on other sites More sharing options...
calNgary Posted April 17, 2016 Share Posted April 17, 2016 To be fair Post 4 at the start of the thread states - ' I'm actually an ex pat in Australia looking for some one who may be interested in this type of Visa.' I havent read anywhere the OP states its for themselves. Cal x Link to comment Share on other sites More sharing options...
rammygirl Posted April 17, 2016 Share Posted April 17, 2016 I wasn't really having a go but I do think people were confused as to exactly what the op was looking for. Since the the new type of business visa it seems fewer people are applying. There never were many, we had the old type of business visa but gained PR via a 187 in the end. There have been a few threads, maybe try searching for some and you will pick up the posters who were interested in them. Link to comment Share on other sites More sharing options...
PipPipnallthat Posted April 17, 2016 Author Share Posted April 17, 2016 Thank you, I didn't realise there had been a change from 187 to 188. Its a much more substantial investment, around $5m I believe, most of the MARA agents I have discussed it with say that one isn't getting much attraction but the 132 is taking off strongly with the Chinese. Link to comment Share on other sites More sharing options...
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