16 July 2016 Australia Queensland for Business migration

Business Migration Queensland (BSMQ) is pleased to announce that new Queensland Business Criteria for the Business, Innovation and Investment Program (BIIP) has been approved by the Queensland Government. These changes will come into effect from Monday 25 July 2016.

The headline changes include:

Subclass 132 Business Talent (Significant Business History Stream)

Net Business and Personal Assets of AUD$1.5 million to be transferred to Queensland within 2 years after visa is granted including:

– minimum AUD$1million investment in a business

– minimum AUD$500,000 settlement costs

– must reside in Queensland

 

Subclass 188 Business Innovation and Investment

A. Innovation Stream: Net Business and Personal Assets of AUD$800,000 to be transferred to Queensland within 2 years after visa is granted including:

– minimum AUD$200,000 investment in a business

– must reside in Queensland

 B. Investor Stream:

– Existing criteria remains the same

– must reside in Queensland

C. Significant Investor Stream (SIV):

– current Austrade Complying Investment Framework

– commitment to Queensland

If you require further information in regards on how to proceed with business skills visa’s for Queensland or any Australian State please do not hesitate to contact our Migration Agent Karola Steffi on karola.steffi@sageglobal.com.au

Australia (Qld) for Business migration

Australia (Qld) for Business migration