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Home / Visa Options / Business & Investment Visas

Business Talent (Permanent) visa - Subclass 132

Overview Nomination requirements Special requirements How to Apply

Business migrants seeking nomination for a Business Talent subclass 132 visa must meet both state and Department of Home Affairs requirements. State and Australian Government requirements are different for each stream.

Business owners will require to have a genuine and realistic commitment to continuously maintain an ownership interest and participate in the high level of business management of their business in Australia.

The subclass 132 visa is valid for five years with future options for additional permanent residency visas or citizenship.

There is no points test for the subclass 132 visa.  

Who can apply for this visa? 

This visa is for business owners and entrepreneurs and offers a choice of two streams: 

  1. Significant Business History: High level business owners who want to undertake significant business activity providing either, employment, exports or high level investment. The 132 Significant Business History visa has a Department of Home Affairs review after two years.
  2. Venture Capital Entrepreneurs: People who have obtained at least AUD$1,000,000 in agreed funding from an Australian venture capital firm, which is also an AVCAL member, to develop an innovation to a commercial stage.  

Nomination Requirements

132 Review Requirements 

To apply for this visa you must be state nominated by Skilled and Business Migration and meet all nomination criteria, as well as the Department of Home Affairs eligibility criteria.

The Department of Home Affairs and state nomination requirements are different for each stream.

To meet the South Australian nomination requirements you must:

  • Commitment to South Australia: You need to have undertaken an exploratory visit to South Australia prior to your State nomination application (or be eligible for a virtual exploratory visit) and confirm your genuine intent to do business and live in South Australia with a view to long-term settlement in this State.
  • Benefit to State: You must commit to do business or invest in South Australia and meet the benefit to state requirement. Please see Significant Business History Requirements for more details.
  • Visa Eligibility Criteria: Meet the Australian Government Department of Home Affairs visa eligibility criteria for the Business Talent Visa.
  • Meet Achievements within two years: Provide information to Skilled and Business Migration to enable a two year review after first activate the visa. The information must include the type of business being conducted, scale of the business and which of the Benefit to State requirements you have met. 
  • SkillSelect Expression of Interest (EOI): You need to have an EOI which meet the Department of Home Affairs 132 Significant Business History stream criteria and the state nomination requirement.

Prior to applying for this visa, ensure you review the full Significant Business History requirements 

To meet the South Australian nomination requirements you must:

1. Commitment to South Australia: You need to have undertaken an exploratory visit to South Australia prior to your State nomination application (or be eligible for a virtual exploratory visit) and confirm your genuine intent to do business and live in South Australia with a view to long-term settlement in this State (refer to section 1 of the 132 Significant Business History stream for detailed requirements).

2. Provide a full business plan, and a copy of your signed AVCAL agreement in relation to your proposed business activity in South Australia.

3. Economic Benefit to South Australia: Have a viable business idea approved for a minimum AUD$1,000,000 from a member of the Australian Private Equity and Australian Private Equity and Venture Capital Association Limited or a business venture in South Australia. The venture must be of exceptional economic benefit to South Australia with intellectual property to be registered in Australia.

4. Meet the Australian Government Department of Home Affairs visa eligibility criteria for the Venture Capital Entrepreneur visa.

The subclass 132 visa is valid for five years with future options for additional permanent residency visas or citizenship. There is no points test for the subclass 132 visa.

This visa has special requirements for both streams that should be reviewed prior to application as they may impact your eligibility and fulfillment of nomination requirements.

Significant Business History Requirements

To qualify for South Australian nomination, you must ensure you meet and fulfil the Significant Business History Requirements prior to commencing your application for a subclass 132 visa. 

For a full list of requirements see, please click here.

132 Review

The 132 Significant Business History visa has a Department of Home Affairs review after two years.

All state requirement outcomes must be achieved within South Australia and must be met by the two year review stage. Failure to meet the requirements for state nomination may result in a revocation of your 132 visa.

Requirements for a 132 review are:

  1. You have met Department of Home Affairs 132 Significant Business History stream criteria.
  2. You intend to live in South Australia 
  3. You have Invested in South Australia and met the Benefit to State requirement
  4. You have provided information to Skilled and Business Migration to enable a two year review after visa grant. The information must detail the type of business being conducted, scale of the business and which of the Benefit to State requirements you have met. 
  5. You have registered your arrival in South Australia with Skilled and Business Migration, and maintained current contact details for the duration of your visa.

Please see detailed review requirements below.

1. Department of Home Affairs 132 Significant Business History criteria

The Department of Home Affairs review criteria includes an assessment of the eligibility of the business; substantial ownership interest and active management. This means the business has transactions that are entered into on a continuous basis for the purpose of making a profit, the activity has a permanent character, customers are sought and financial records kept and the activities are genuine and real. Eligible businesses will have resulted in one or more of the following: developed business links with the international market; creation or maintenance of employment, export of local goods, production of goods or provision of services, introduction of new or improved technology or an increase in commercial activity and competitiveness within sectors of the economy.

Section 134(1)(b) enables a visa to be cancelled if the visa holder cannot demonstrate they have an active, ongoing and senior management role in the business. The visa holder must demonstrate that: they have exercised responsibility within the business/es in terms of decision-making authority and in setting strategic direction of the business (this may include, but is not limited to, responsibility for employees and/or responsibility for expenditure) such responsibility has been exercised on a continuous and daily basis as opposed to occasional; their skills have been fundamental to, or have exerted direct influence on, the operation of the business/es; and, they have a specific and identifiable role in the business. This requires the business to be ongoing and for the visa holder to consistently spend a significant, portion of their time managing the business on an ongoing basis.  

2. Intend to live in South Australia

The South Australian government will take a flexible approach to the supporting documentation that can be submitted to evidence commitment to South Australia and your intention to reside. The following examples of evidence of the applicant’s intention to live and continue to do business in South Australia are not exhaustive and may be considered on a collective basis. 

2.1 A written statement from the applicant explaining their residence or investment in South Australia and future plans if not yet a resident.

2.2 Evidence of future commercial activity plans of South Australian products or investment in South Australia (in addition to the activity to meet the Benefit to State requirements) 

2.3 Property ownership evidence in South Australia   

3. Invested in South Australia and met the Benefit To State requirement

The Benefit to State requirements vary depending on the applicant’s age, business type and location. At the two year review, the applicant must have achieved at least one Benefit to State requirement. 

A regional business is defined as a business located in an area outside of metropolitan Adelaide. Applicants applying to meet regional requirements must conduct business in country regional South Australia.

132 applicants aged 54 years and 9 months of age and above (at time of lodgement of the nomination application) the above 55 exceptional benefit to state nomination requirement is applicable.  

4. Provided completed form 1010

Respond within 2 weeks of 132 review application request (additional time can be requested if evidence can be provided that the Department of Home Affairs has provided an extension). A nil or substantially incomplete response may result in a non-supportive review comment.  

5. Registered arrival in SA and maintained current contact details

Subclass 132 visa holders are required to register their arrival within three months and meet in person with a representative of the Business Migration team at least once every six months from the date of the visa grant until the Department of Home Affairs review has had a decision reached. 

The six monthly meetings ensure discussion of the progress of the proposed business and submission of information as requested by the Business Migration team for use in the review conducted by Department of Home Affairs.

Documentation you will need to prepare for the 132 review will include:

  • Copy of the personal details page in your passport.
  • Completed and signed Department of Home Affairs Monitoring Form 1010
  • Information on your business outcomes in South Australia over the previous two years
  • Information on how you have met the state nomination requirements
  • Financial reports for your South Australian business.
  • BAS statements
  • Evidence of business activity
  • Business summary
  • Detail on any other business or investment you have undertaken (if applicable)
  • Information on your intention to live in South Australia
  • For export activity, the following evidence is required:
    • For both wine and non-wine exports, the following document from Business SA is required:
      • Certificate(s) of Free Sale - Business Migration
      • Bill of Landing Contact trade@business-sa.com or call 08 8300 0093 for further information
    • If exporting wine, the following documents from Wine Australia are also required:
      • Licence to export
      • Product Registration
      • Export Permit
      • Certificate(s) of Free Sale (this is in addition to the Business SA document)
      • LIP Declaration These may vary depending on the export destination, contact exports@wineaustralia.com or visit Wine Australia
      • Sales invoices for the goods purchased for export.
    • Evidence that the South Australian producer is aware of the export activity.
  • For property development, the following evidence is required:
    • Property development
      • location of the development  Current Certificate(s) of Title for the land 
      • Copies of development approvals  
      • Evidence that the project has been completed, if not details of when the project is likely to be completed. 
      • Explanation of the applicant’s managerial role within the project 
      • Contract between the Real Estate Agent for the sale of the properties 
    • If the properties have been sold the following documents must be provided:
      • the balance of the purchase price is to be paid to the vendor 
      • all relevant legal documents like the memorandum of transfer, are completed and lodged with the appropriate agencies 
      • the certificate of title is transferred into the buyer's name 
      • the property is legally transferred to the buyer 
      • the adjustments for rates and taxes are calculated. 
    • If the properties have not been sold:
      • Details of when the project is likely to be completed 
      • Details on whether the client has engaged with a Real Estate Agent.  Skilled & Business Migration will continue to contact you until the property is sold and all documentation has been provided.

To apply for the 132 Review, you must lodge the application online via the Skilled & Business Migration portal 

There is no fee for the 132 review.

All documentation related to the review is to be uploaded when completing the 132 review form.

Once you have decided which stream you need to apply for and ensured that you meet the Department of Home Affairs visa criteria and South Australian nomination requirements, you will need to prepare and supply a range of documentation to complete your application.

Now closed for new applicants.

Please review the Before you apply information below prior to starting your application.

Prior to making the decision to invest and apply for State nomination, it is a requirement that you first visit South Australia.

Before you start your application, you must have ready all information and documentation to prove the claims you make. Please refer to the below checklist as a guide to what you need to prepare for your application relating to each stream.


Significant Business History stream

For the Significant Business History stream, you must provide:

  • A copy of the personal details page in your passport.
  • Evidence of undertaking an exploratory visit to South Australia
  • Expression of Interest (EOI) reference number from Department of Home Affairs SkillSelect system.
  • Information on a business plan for your proposed business

NOTE If you are undertaking a Significant Business History Review, please refer to the 132 Requirements for this application.

Venture Capital Entrepreneurs stream

For the Venture Capital Entrepreneurs stream, you must provide:

  • A copy of the personal details page in your passport.
  • Expression of Interest (EOI) reference number from Department of Home Affairs SkillSelect system.
  • Evidence of AVCAL member approved funding

Once you have ensured you meet all visa and nomination criteria, and prepared all documentation required for your application.

  1. Check the Department of Home Affairs visa conditions to ensure you meet the eligibility criteria
  2. Ensure you meet the eligibility criteria for state nomination in South Australia and read the State application terms and conditions 
  3. Lodge an expression of interest (EOI) on the Department of Home Affairs SkillSelect website and keep note of the reference number for your state nomination application
  4. Submit an online application for state nomination via the Skilled and Business Migration Portal. 
  5. If you are approved for state nomination, you will receive an invitation from the Department of Home Affairs asking you to lodge your visa application within 60 days of nomination.

Start an Application

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