188 Business Visa QLD Requirements

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.

The business program will continue to be open to 188 – Business Innovation stream, the 188 – Investor stream and the 188 – Significant Investor stream. From 16 August 2022, the new 188 – Entrepreneur stream will also open.
Please note: that Queensland State nomination is a highly competitive program and not everyone will be invited for nomination. Please ensure you consult with a Registered Migration Agent/Lawyer to explore all alternative migration options.

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.

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