Business Talent Visa (Subclass 132) – Closed to New Applicants
The Business Talent Visa (Subclass 132) was a permanent residency visa designed for experienced business owners and entrepreneurs looking to establish or expand a business in Australia. However, this visa closed to new applicants on July 1, 2021 and has been replaced with alternative business and investment visa options, such as the Business Innovation and Investment Visa (Subclass 188/888).
Alternative Visa Options
Since the Subclass 132 visa is no longer available, business owners and investors can explore these alternative pathways:
???? Business Innovation and Investment Visa (Subclass 188/888): A two-step visa process leading to permanent residency, designed for business owners, investors, and entrepreneurs.
???? Global Talent Visa (Subclass 858): For highly skilled professionals in targeted industries who can contribute to Australia’s economic growth and innovation.