Business Talent - 132
SUSPENSION OF PROCESSING – ACT BIIP nomination. The ACT has now met the 2019/20 allocation of BIIP nomination places. Any applications for ACT 132 nomination submitted from this date will not be processed until 1 July 2020.
Business Talent (permanent) (subclass 132).
The Australian Capital Territory (ACT) Government welcomes overseas investment in Canberra, Australia’s national capital; a city of innovation and opportunity. If you are a successful business person who wishes to invest in an existing ACT business you may be eligible to apply for ACT nomination of your Business Skills visa
ACT nomination fee: $1,100
This visa has two streams:
- Significant Business History stream: This is a permanent visa for owners of a business who have entered into a contractual arrangement to invest A$2 million into an existing business in Canberra.
- Venture Capital Scheme: nomination for people who have obtained at least A$1 million in funding from an Australian venture capital firm.