Business and Skilled Migration Queensland (BSMQ)

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Business and Skilled Migration Queensland (BSMQ) is pleased to announce that new Queensland Business Criteria for the Business, Innovation and Investment Program (BIIP) and a new Queensland Skilled Occupation List (QSOL) 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 yearsafter 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

Written by

Renu is a Migration Law Consultant And Registered Migration Agent in Australia -MARN 1172407. She holds Master of Migration Law & Practice (Australia) and The Bachelor of Laws (UK). Website: http://renumigrationservices.com. Renu is a Skilled Migration Expert. She has a dedicated team of professionals who can source your labour requirement from India, Nepal, Sri Lanka, Middle East and UK.