© 2018 by Southmore Capital Pty Ltd. AFSL 298 313  ABN 97 114 576 742                                     

venture capital, venture capital limited partnership, early stage venture capital limited partnership, VCLP, ESVCLP, venture capital member, Australian Private Equity and Venture Capital Association Limited, AVCAL,business migration, permanent residency, Australia, Adelaide, South Australia, venture capital, private equity, venture capital entrepreneur, entrepreneur visa, significant business history, significant investor visa, investor visa, 132 visa, 188 visa, 888 visa, 186 visa, 187 visa, 457 visa, regional skilled migration scheme, Department of Immigration and Border Protection, DIBP, business innovation and investment programme, BIIP, provisional visa, permanent visa, business angel,,angel investment, seed investment, early stage investment. expansion stage investment, technology, innovation, commercialisation, start up, emerging company, high growth business, high potential business, high technology business,advanced technology business, high value service, knowledge intensive service, corporate advisory, business adviser, consultancy, Australian Financial Services Licence, AFSL,

Subclass 132 B Venture Capital Entrepreneur Visa

The venture capital entrepreneur stream of the subclass 132 business talent visa (132B visa) is a one-step permanent residency visa aimed at entrepreneurs who receive at least AUD 1 million in funding support from an Australian venture capital fund manager who is a Venture Capital Member of the Australian Private Equity and Venture Capital Association Limited (AVCAL). While these venture capital entrepreneurs are expected to have been successful in business, they are not required to have a history of holding large ownership interests in companies. The venture capital entrepreneur must intend to hold a substantial ownership interest (at least 50%) in the Australian business and have a legally-binding agreement with the venture capital fund manager who is providing the investment of at least AUD 1 million. This is the main requirement for the 132B visa but more detailed information about it is provided in this table.

Southmore can assist 132B visa applicants with further developing their innovative and entrepreneurial ideas and with providing the required venture capital funding to establish and expand operating businesses in Australia based on the jointly refined and elaborated ideas. Southmore has been an AVCAL Venture Capital Member since 2006 and is currently only one of about fifteen venture capital fund managers holding this membership.

 

Southmore is proud to have supported the first successful application for a 132B visa (which was granted in early 2014).

132B visa 132 venture capital entrepreneur visa 132 venture capital entrepreneur stream 132B venture capital entrepreneur visa

CONTACT US