Overview
The Business Migration Program is the Queensland Government’s visa program that supports business innovation and entrepreneurship within the state. Business Innovation and Investment (Provisional) Visa Stream (Subclass 188) is a 5-year provisional visa that is state-nominated and provides a pathway to permanent residency through the Business Innovation and Investment (Permanent) Visa Stream (Subclass 888).
Note: The Government has not provided any state with any nomination places for the Business Innovation and Investment Program (BIIP) in 2023–24.
Visa Subclass 188 comprises of four streams:
*The Entrepreneur Stream is not currently open as Migration Queensland are currently revising the criteria.
188 – Business Innovation Stream
To be eligible for the Business Innovation Stream of Visa Subclass 188 in Queensland, applicants must meet the Department of Home Affairs Eligibility Criteria and the Migration Queensland Eligibility Criteria.
Please click here to view the Department’s eligibility criteria.
Migration Queensland Eligibility Criteria
Please Note
- Property Development businesses are not accepted
- If you are investing in an export business, you must develop international markets for Queensland products
- General importing businesses are not accepted unless the products are highly innovative or advanced technology. Value-adding should also be provided to the imported products.
188 – Investor Stream
To be eligible for the Investor Stream of Visa Subclass 188 in Queensland, applicants must meet the Department of Home Affairs Eligibility Criteria and the Migration Queensland Eligibility Criteria.
Please click here to view the Department’s eligibility criteria.
Migration Queensland Eligibility Criteria
Please Note
- The Investor Stream cannot be extended
188 – Significant Investor Stream
To be eligible for the Significant Investor Stream of Visa Subclass 188 in Queensland, applicants must meet the Department of Home Affairs Eligibility Criteria and the Migration Queensland Eligibility Criteria.
Please click here to view the Department’s eligibility criteria.
Migration Queensland Eligibility Criteria
Please Note
- The Significant Investor Stream can be extended for an extra two years
- This extension can be applied for twice
188 – Entrepreneur Stream
This page will be updated once Migration Queensland provide this stream is open to applicants and the eligibility criteria have been provided.
Related:
- Cryptocurrency and Australian Business Visas
- What is day to day management for the 888 Business Permanent visa?
- COVID-19 Concessions for Business visas
- 188A Business Innovation visa
- 188B Investor Visa
- 188E Entrepreneur visa
- Australia Business Visa (Subclass 188) Points Calculator (Instant)
- Business visa news
- Which countries do Business Migrants come from?
- Upcoming Australia Immigration Changes 2021- Business and Investment Visas
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