Business Talent (Permanent) visa 132
Closed with the Business Innovation and Investment Program on 31 July 2024. Applications on hand are still processed.
Closed to new applicants
Who it is for
Only people who applied before the program closed. Streams were Significant Business History and Venture Capital Entrepreneur.
Main requirements
- No new applications. Home Affairs lists 132 refunds under the 31 July 2024 program closure.
- The Significant Business History stream required assets of A$1.5 million and turnover of A$3 million, a state or territory nomination and an invitation.
Where you apply from
Closed.
Your journey, step by step
From the first enquiry to the decision and after, with how a registered migration agent helps at each step. No step promises an outcome.
- Pending applicants
Decide whether to continue or withdraw for a refund.
How a registered migration agent helpsA registered migration agent explains the refund rules and alternatives such as the National Innovation visa.
Government charges from 1 July 2026
Paid to the Department of Home Affairs, not to us.
| Applicant or item | Charge (A$) |
|---|---|
| New applications | Closed |
Home Affairs does not publish a separate charge for every applicant type on this visa; check the Visa Pricing Estimator.
Processing times
Home Affairs visa processing time guide. Venture Capital Entrepreneur: processing times not available. Read 22 October 2026. A guide only, not a promise.
| Significant Business History (on hand) | 50% in 67 months, 90% in 70 months |
|---|
Common refusal reasons
- Not applicable to new applications.
Document checklist
Tick items as you gather them. Your ticks stay on this device only.
- Pending applicants
Recent and upcoming changes
- 31 July 2024
Closed with the Business Innovation and Investment Program; VAC refunds available for eligible withdrawn applications.
Talk it through before you apply.
The first 15 minutes are free and general. Personal advice starts after a written service agreement.
Information checked 22 October 2026. General information only, not advice for your situation. Rules and charges change; check the official sources before you act.