Business Talent Visa Subclass 132

The Business Talent (Permanent) visa (subclass 132) is a permanent visa that allows experienced business owners and venture capital entrepreneurs to live and work indefinitely in Australia. It is available in two streams: Significant Business History and Venture Capital Entrepreneur. This visa requires nomination by an Australian state or territory government agency and is part of the now-closed Business Innovation and Investment Program (BIIP). It rewards applicants who have demonstrated significant business success or secured venture capital funding.