Closed with the Business Innovation and Investment Program; VAC refunds available for eligible withdrawn applications.
Visa file / Visitor and other visas
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
File: 132
Main chargeClosed
Information checked22 October 2026
Personal adviceRegistered agent only
Who it is for
Only people who applied before the program closed. Streams were Significant Business History and Venture Capital Entrepreneur.
Closed to new applicants: 31 July 2024
Published eligibility
- 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.
Related
From first enquiry to grant and after.
The usual steps, and where a registered migration agent can help at each one. Immi Worldwide gives general information and settlement support, never advice about your visa.
- 01
Pending applicants
Decide whether to continue or withdraw for a refund.
Where a registered migration agent can helpExplains the refund rules and alternatives such as the National Innovation visa.
Charges and processing times.
| Charge | Amount |
|---|---|
| New applications | Closed |
Home Affairs does not publish a separate charge for every applicant type on this visa; check the Visa Pricing Estimator. Source: Home Affairs Current visa pricing table, charges from 1 July 2026. Check the Visa Pricing Estimator before you rely on a figure.
| Stream | 50% decided within | 90% decided within |
|---|---|---|
| Significant Business History (on hand) | 67 months | 70 months |
Home Affairs visa processing time guide. Venture Capital Entrepreneur: processing times not available. Read 22 October 2026. Times change monthly and are not a promise. Global visa processing times.
Common refusal reasons
- Not applicable to new applications.
Drawn from the published criteria and general practice experience. They are not Departmental statistics.
Document checklist
Pending applicants
A general list. The Department's own document checklist for your application is the one that counts. Ticks stay on this page only.
What changed, and what people ask.
Sources
- Home Affairs: Business Talent (Permanent) visa (subclass 132)
- Home Affairs: skilled migration recent changes
Information checked 22 October 2026. General information only, not advice about your circumstances.
Where this becomes advice
How any of these rules applies to a particular person, which visa to choose, and any application are immigration assistance, given only by a registered migration agent.
Immi Worldwide does not give immigration assistance. For advice about your own situation, Immi Worldwide can refer you to Sukh Sandhu, Registered Migration Agent, MARN 1384130, of The Immigration Worldwide Pty Ltd, or you can choose any registered migration agent.
Ask for a referral to Sukh Sandhu, Registered Migration Agent, MARN 1384130 Ask for a call back about a referral
The referral form opens with the box to pass your enquiry to the registered agent already ticked. Immi Worldwide does not charge for a referral.