Queensland welcomes those interested in owning and managing a new or existing business in Queensland.
This visa 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 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.
Business Innovation stream
To seek Queensland state nomination you must:
- demonstrate that you have net business and personal assets of at least A$800,000 to be transferred to Queensland within 2 years of the visa being granted.
- Must make a business investment of at least $200,000 after your visa is granted
- must commit to living in Queensland.
1. Entry level small retail business, such as convenience stores, cafes, restaurants are only accepted if your proposed business is established in regional Queensland.
2. General importing business will not be accepted unless the imported products are highly innovative, advanced in technology, or currently unavailable in Queensland. You should also provide value-adding service to the imported products such as customised design, product assembly installation, testing, repair, maintenance etc.
3. Property development businesses will not be acceptable.
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 Document Portal link provided in your invitation email.
- Qld State Nomination Application Form
- Business Proposal
- 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 to the BSMQ portal
- 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 Business Innovation Extension stream. You can only apply for this extension stream once, giving you a maximum of six 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 Business Innovation stream, and have had it for at least three years
- you must demonstrate a need for you to be resident in Australia to operate the main business
- you must have a current nomination from Queensland
- you must have maintained an ownership interest in your nominated main business, which must have been operating actively in Queensland for at least two years
- you must have maintained your commitment to stay directly involved in the day-to-day management and decision-making of the business.
If your extension visa is granted, this gives you extra time to meet the criteria for the Business Innovation and Investment (Permanent) visa (subclass 888).
Please send an email to BSMQ: email@example.com 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.