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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 |
