Business Talent Visa Subclass 132

Subclass 132 visa or the Business Talent visa is a permanent visa in Australia. This visa category is structured for those eligible individuals who wish to develop an existing business or establish a new business. A nomination from a State or Territory Government is compulsory to apply for the subclass 132 visa. This visa is further categorised as –
Significant Business History Stream-This visa stream is for eligible experienced business owners to establish and operate a new or existing business in the country.
Venture Capital Entrepreneur Stream- This visa allows certain eligible individuals who have secured venture capital funding from an active member of the Australian Investment Council.

Why apply for a Subclass 132 Visa

Subclass 132 visa is a permanent permit to the country. This visa allows it holders to-

Stay in the country indefinitely.
Work in the country in their field of interest.
Study in the country.
To enrol in the health care scheme of the Government.
Travel multiple times to and from the country for five years.
Can apply for citizenship (if eligible).
To sponsor other family associates (if eligible) to come to the country.

To know more about the benefits of a Business Talent visa, consult our migration agents now. For assistance on your specific or general queries related to eligibility conditions, visa requirements, and processing, get in touch with our 132 visa consultants or immigration agents.

What are the Eligibility Requirements for a Business Talent Visa Subclass 132

To be eligible to apply for a subclass 132 visa, the applicant must meet the Department’s required eligibility conditions.

The applicant must be nominated by a State or Territory Government.
The applicant must be invited to apply via the select skill system.
The applicant must have a genuine commitment to maintain and operate the new or established business in the country.
The applicant must be under 55 years (state or territory can grant exemption).
The applicant must hold for two of the last four fiscal years- (for Significant Business History Stream Visa)
- Net assets in one or more business of at least AUD 400,000
- 10% ownership of the business if it is a publicly listed company.
- Have an annual turnover of at least AUD 3 million from one or more qualifying business
The applicant must secure a venture capital funding agreement of at least AUD 1 million from an Australian company who is an active member of the Australian Investment Council (for Venture Capital Entrepreneur Stream).
The applicant must have knowledge of at least functional English language.
The applicant must meet all the health and character requirements of the visa category.
The applicant must not have a history of cancelled or refused visas as it might lead to rejection of the visa application.
The applicant (if aged above 18) must confirm and sign the Australian Values Statement to ensure that they abide by the Australian laws and respect the Australian way of living.

The shared information is exclusive but not exhaustive, and the applicants are advised to take the help of qualified migration agents to go through the complete eligibility requirements before applying. For more information on visa conditions and processing, please contact our immigration consultants to assist you through the entire process.

Further, the visa application form processing in Australia is complex and needs professional help. We suggest you book an appointment with our 132 visa consultants/ immigration agents to secure a favourable migration processing.

How to Apply for a Subclass 132 Visa

Before applying for the subclass 132 visa application, the applicant must ensure that they hold a valid passport; The next step lies in the gathering of the relevant evidence. The evidence should be complementary to the facts of the application for the visa requirements. Get in touch with our visa consultants/ immigration agents for more details on eligibility conditions and visa requirements, and processing.
If the applicant is in the country, they must hold a substantive visa or a Bridging visa A, B, or C. The duly filled and complete visa application should be filed with the Department along with the requisite fees. The current application fee for the subclass 132 form is AUD 7855/. A subclass 132 visa generally has two steps for filing the application form; first, to secure a nomination from the State or Territory and then filing the application form. After filing the visa application form successfully, the Department informs the applicant of their decision on the applicants’ registered mail. Talk to our 132 visa consultant or immigration agents to accurately file the application forms and quick processing. Our specialised visa consultants/ immigration agents are trained to counsel the client based on their eligibility and migration conditions and then provide all the assistance required to ensure favourable visa processing.

Processing Time for Business Talent Visa 132

The standard processing time for a subclass 132 visa application form varies based on the visa category’s profiles and requirements. Please schedule an appointment with our 132 visa consultants /immigration agent to file the application form.
Each form’s processing time differs depending upon the individual’s profile and eligibility conditions of the visa category. The application processing is subjected to capping and queuing and takes longer for processing as the demand for a subclass 132 visa is low and is based on eligibility. The processing time also differs if –

The visa application form is not filled correctly
All the documentary evidence as per the visa (subclass 132) conditions are not provided
The Department seeks more information.

Generally, the verification procedure for a permanent visa is more thorough than a temporary visa category. The Department might sometimes need extra information from the applicant or the external agencies (if involved).

Contact Us

Our visa consultant/immigration agents understand your preferences, eligibility conditions, and requirements and are ready to offer you successful migration prospects. Our migration agents/ visa consultants are easily reachable to help you with your visa processing. To book an appointment with our 132 visa agents or immigration consultants, contact us or dial us at +61 7 3172 4965.

With countless success stories and professional counselling, E-help has earned a reputation for itself. No other immigration agent understands the importance of your immigration dream and overseas opportunities like we do- No one.

Our visa consultant/immigration agents are experienced enough to secure a successful visa decision. Contact our (132) visa consultant/immigration agents to know in detail about the processing and conditions attached to the particular visa. Our single contact approach ensures that our clients get an individual visa consultant/immigration agent specifically assigned to each one of them and assist them at every single step of the visa process.

Business Talent Visa Subclass 132 Visa