Business innovation and investment migration to Queensland
Queensland welcomes business investment and offers a range of business advantages including a stable economy, supportive government and a solid growth forecast. Queensland’s low operating costs, highly skilled workforce, strong and diverse industries, and strategic Asia-Pacific location create an attractive investment destination.
Business and investor migrants
If you wish to migrate to Queensland, you must first obtain a visa.
Visas fall into two main categories:
- Provisional visas are pathway to permanent residency in Queensland.
- Permanent residency visas allow migrants to live and work in Queensland permanently.
There are a number of visa options for new business and investors:
- Business Innovation and Investment (Provisional) (subclass 188) visa
- Business Talent (Permanent) (subclass 132) visa
Existing business and investor visa holders may be eligible to apply for one of the following visas:
- Business Innovation and Investment (Permanent) (subclass 888) visa
- Business Owner (Residence) (subclass 892) visa
- Investor (Residence) (subclass 893) visa
Each visa has its own features and eligibility criteria which you can explore below.
All migrants must be nominated by a state or territory government to be eligible for a business and investor visa.
Business Innovation and Investment (Provisional) (subclass 188) visa
This is a state nominated provisional visa which is valid for four years. It is made up of three streams:
- Innovation stream: own and manage a new or existing business in Queensland
- Investor stream: make a designated investment in Queensland Treasury Corporation Bonds
- Significant investor stream: invest at least AUD$5 million into Queensland through complying investments.
The visa is a pathway to the Business Innovation and Investment (Permanent) (subclass 888) visa, which is a permanent residency visa.
Business Talent (permanent) (subclass 132) visa
This visa is a direct route to permanent residency and is made up of two streams:
- Significant business history stream: for affluent owners or part owners of a business who want to have a major management role in a new or existing business in Queensland
- Venture capital entrepreneur stream: for people who have obtained at least AUD1 million in funding from an Australian venture capital firm.
Business Innovation and Investment (Permanent) (subclass 888)
This visa is the permanent residency stage of the 188 Business Innovation and Investment (Provisional) visa.
You can apply after you have fulfilled Queensland’s requirements for the Business Innovation and Investment (subclass 188) visa.
Holders of a subclass 444 Special Category visa may also be eligible to apply for this visa.
Business Owner (Residence) visa subclass 892
This is a permanent residence visa for migrants holding a 160, 163, 164 or 165 visa.
You can apply for this visa once you’ve held a qualifying provisional visa for the required period of time.
The visa allows you to stay on a permanent basis for the purpose of owning and managing a new or existing business.
Investor (Residence) visa subclass 893
This is a permanent residence visa. It is only available to state nominated business people who have held a Business Investor (Provisional) (subclass 165) visa and have met the requirements of that visa subclass.
Applicants must also have a genuine commitment to maintain business and investment activity in Australia.Find out more >>
Investment in businesses, especially new ones, carries risk and is speculative in nature. It is the applicant’s responsibility to evaluate and determine the merit, viability and risk of the proposed business and to verify the reliability, accuracy and completeness of the information they have gathered.
By granting nomination, Business and Skilled Migration Queensland makes no endorsement or representation regarding the business proposal, the viability or otherwise of the proposed business or the origin, validity, accuracy, completeness or reliability of any information in the business proposal.
Business and Skilled Migration Queensland disclaims and excludes to the full extent permitted by law, any liability for losses of whatsoever nature arising in any way out of or in connection with the business proposal as to either the applicant’s business proposal or by reason of any reliance thereon by any person.