Immigration South Australia

The Significant Business History stream attracts high calibre business owners who have a proven successful business history and want to do business in Australia.

Business owners will live in Australia and have a genuine and realistic commitment to continuously maintain an ownership interest and participate in the daily management of their business.

This is a state-nominated permanent residence visa for business owners and entrepreneurs. 

You have a choice of two streams:

  • Venture Capital Entrepreneurs: people who have obtained at least AUD$1 million in agreed funding from an Australian venture capital firm, which is also an AVCAL member, to develop an innovation to a commercial stage.
  • Significant Business History: high level business owners who want to undertake significant business activity providing either, employment, exports or high level investment.

The subclass 132 visa is valid for five years with future options for additional permanent residency visas or citizenship. 

There is no points test for the subclass 132 visa.

Nomination requirements

Business migrants seeking nomination for a Business Talent migrant subclass 132 visa must meet both state and Department of Immigration and Border Protection requirements (DIBP).

State and DIBP requirements are different for each stream.

Venture Capital Entrepreneurs (VCE)

To meet the South Australian nomination requirements you must:

  • Meet DIBP 132 VCE stream criteria.
  • Intend to live in South Australia
  • Have a viable business idea approved for a minimum AUD $1,000,000 from a member of the Australian Private Equity and Venture Capital Association Limited (AVCAL) for a business venture in South Australia. The venture must be of exceptional economic benefit to South Australia with intellectual property to be registered in Australia.
  • Agree to register your arrival in South Australia with Immigration SA and maintain current contact details for the duration of your visa.

Significant Business History (SBH)

To meet the South Australian nomination requirements you must:

  • Meet DIBP 132 SBH stream criteria.
  • Intend to live in South Australia 
  • Commit to invest in South Australia and meet the benefit to state requirement.
  • Provide information to Immigration SA to enable a two year review after visa grant. The information must detail the type of business being conducted, scale of the business and which of the following Benefit to State requirements you have met. 
  • Agree to register your arrival in South Australia with Immigration SA and maintain current contact details for the duration of your visa.

The following Benefit to State requirements vary depending on your age, business type and location.

You must commit to meeting at least one of the following requirements through your business in South Australia within the first two years of holding the visa:

  • Employ four full-time employees for a minimum of 12 months within 24 months of the 132 visa grant date.  They must be Australian citizens, New Zealand passport holders, or permanent residents for the full 12-month period. 
  • Export AUD $600,000 of South Australian products or services (turnover value).
  • Invest AUD $1,500,000 into a South Australian business(es) (AUD $3,000,000 for property developer

You must commit to meeting at least one of the following requirements through your business in South Australia within the first two years of holding the visa:

  • Employ eight full-time employees– for a minimum of 12 months within 24 months of the 132 visa grant date. They must be Australian citizens, New Zealand passport holders, or permanent residents for the full 12-month period.
  • Export AUD $1,200,000 of South Australian products or services (turnover value).
  • Invest AUD $6,000,000 into a South Australian business (AUD $9,000,000 for property developers).

To encourage investment outside of the capital city of Adelaide, the benefit to state requirements for State nomination are lower for country regional areas outside of greater Adelaide.

Benefit to State requirements under 55 years of age (Regional)

You must commit to meeting at least one of the following requirements through your business in regional South Australia within the first two years of holding the visa:

  • Employ three full-time employees– for a minimum of 12 months within 24 months of the 132 visa grant date.  They must be Australian citizens, New Zealand passport holders, or permanent residents for the full 12-month period
  • Export AUD $500,000 of South Australian products or services (turnover value)
  • Invest AUD $1,000,000 into a South Australian business (AUD $3,000,000 for property developers).

Exceptional Benefit to State requirements over 55 years of age (Regional)

You must commit to meeting at least one of the following requirements through your business in regional South Australia within the first two years of holding the visa:

  • Employ six full-time employees– for a minimum of 12 months within 24 months of the 132 visa grant date. They must be Australian citizens, New Zealand passport holders, or permanent residents for the full 12-month period
  • Export AUD $1,200,000 of South Australian products or services (turnover value)
  • Invest AUD $4,500,000 into a South Australian business (AUD $5,500,000 for property developers).

Before you apply

You need to provide documents in your state nomination application to prove the claims you make. Use this checklist to make sure your application is ready before you apply. 

The documentation required will vary depending on your 132 stream.  For all streams you will need:

Venture Capital Entrepreneurs

  • Copy of the personal details page in your passport.
  • Expression of Interest (EOI) reference number from DIBP’s SkillSelect system.
  • Evidence of AVCAL member approved funding

Significant Business History

  • Copy of the personal details page in your passport.
  • Expression of Interest (EOI) reference number from DIBP’s SkillSelect system.
  • Information on a business plan for your proposed business

Significant Business History - Review

  • Copy of the personal details page in your passport.
  • Information on your business outcomes in South Australia over the previous two years
  • Information on how you have met the State nomination requirements
  • Financial reports for your South Australian business.
  • BAS statements
  • Evidence of business activity

How to apply

It is recommended you visit South Australia prior to making a decision to invest and apply for State nomination.

  1. Check the Department of Immigration and Border Protection’s (DIBP) visa conditions to ensure you meet the eligibility criteria
  2. Ensure you meet the eligibility criteria for state nomination in South Australia and read the State application terms and conditions
  3. Lodge an expression of interest (EOI) on the DIBP SkillSelect website and keep note of the reference number for your state nomination application
  4. Submit an online application for state nomination.
  5. If you are approved for state nomination, you will receive an invitation from the DIBP asking you to lodge your visa application within 60 days of nomination.

More info

All state criteria outcomes must be achieved within South Australia and must be met by the two year review stage. 

  • The requirements for the 132 Business Talent visa holders whose application was received by Immigration SA prior to 1 July 2012 remain as they were assessed for that business plan provided. For all applications received after 1 July 2012 the new criteria outlined above will apply. 
  • Proposed businesses must demonstrate a benefit to state. Those based solely on-selling imports will require substantial justification via the business plan.
  • Subclass 132 visa holders are encouraged and expected to meet with a representative of the Business Migration team at least once every six months from the date of the visa grant until the DIBP review has had a decision reached. The six monthly meetings will ensure discussion of the progress of the proposed business and submission of information as requested by the Business Migration team for use in the review conducted by DIBP.
  • Failure to meet the requirements for state nomination may result in a revocation of your 132 visa by DIBP.

The South Australian investment requirement can be met by starting a new business or buying an existing business in South Australia. Property development has higher minimum capital injection requirements as outlined in the requirements above

A regional business is defined as a business located in an area outside of metropolitan Adelaide. Applicants applying to meet regional requirements must conduct business in country regional South Australia

132 applicants aged 54 years and 9 months of age and above (at time of lodgement of the nomination application) the above 55 exceptional benefit to state nomination requirement is applicable.