Queensland welcomes those interested in making a significant complying investment in Australia.
This is a state-nominated four year provisional visa, which is a stream of the Business Innovation and Investment (Provisional) visa (subclass 188) and a pathway to permanent residency through the Business Innovation and Investment (Permanent) visa (subclass 888).
State nomination for this visa is managed by the Queensland Government through Business and Skilled Migration Queensland (BSMQ) in collaboration with the Australian Government’s Department of Home Affairs (HA).
To be considered for Queensland state nomination you must first meet the Australian Government’s HA criteria. Visit the HA website for detailed information.
Significant Investor Stream
To seek Queensland state nomination you must:
- demonstrate that you have at least A$5 million available for transfer into complying investments in Australia,
- meet the complying investment frameworks set by Austrade and provide details of your complying investment intentions to BSMQ
- commit to living in Queensland with additional investments indicated.
Step 1: Review the eligibility criteria, visa conditions and document checklist on the HA website and the BSMQ website. Ensure you meet both the HA criteria and BSMQ criteria, and have all your documentation ready before you apply.
Step 2: For Queensland state nomination, submit an Expression of Interest (EOI) through SkillSelect. Please ensure all information is included in your EOI. Preference will be given to applicants who select “Queensland” as their nominating state of choice over applicants who select ‘ANY’ state.
Step 3: BSMQ only assesses EOIs that meet the HA and BSMQ criteria. You will receive an invitation to lodge an application with BSMQ. You will be requested to provide the following documents which must be uploaded electronically through the BSMQ Document Portal link provided in your invitation email.
- QLD State Nomination Application Form
- HA Form 1139A
Please note: We no longer accept attachments sent to us by email or hard copies send via post.
Step 4: When you have received your invitation:
- Upload required documents
- Pay the non-refundable application fee to BSMQ in order to finalise your application.
BSMQ will review your application and may request further information.
Please note: you will be given 14 days to finalise your application from the date of invitation. If you are unable to provide the relevant information within this time frame, you must seek an extension from BSMQ. Applications not finalised within time frames will be closed and applicants will need to submit a new EOI if they wish to re-seek Queensland nomination.
Step 5: Once your completed BSMQ application is received and approved, you will receive an invitation from the HA to lodge your visa application. You will be given 60 days to lodge your visa application with the HA. You will need to wait a further six months before being eligible for renomination by BSMQ if you have missed the visa application lodgement date.
You can apply to extend your stay for an extra two years under a Significant Investor Extension stream. You can apply for this extension stream twice, giving you a maximum of eight years on this provisional visa.
You must be able to meet HA’s criteria for the extension stream:
- you must already hold a visa in the Significant Investor stream, and either:
- have had it for at least three years, or
- have not held more than one visa in the Significant Investor Extension stream
- you must have a current nomination from Queensland
- you must have a genuine intention to live in Queensland
- you must have continuously maintained your complying investment or complying significant investment in accordance with complying investment framework in place at the time you applied for your original subclass 188 visa.
Please send an email (email@example.com) to BSMQ to request and provide reasons for an extension of your visa. You will also need to provide us your full name, date of birth and current visa subclass. BSMQ will assess your current circumstances and make a decision as to whether you are eligible to apply for an extension. If you are eligible, we will send an email requesting further information. A processing fee will apply.