The Australian Government’s decision to close the Business Innovation and Investment Program (BIIP) on 31 July 2024 has disrupted the migration plans of many business owners and entrepreneurs. This change has compelled prospective migrants to explore alternative pathways, such as self-sponsorship under the Subclass 482 (Skills in Demand) visa and small business owner Subclass 491 visas, another potential option could be the New Zealand Business Investor Work Visa.
These alternatives demand investment, legal compliance, and a clear understanding of visa criteria. Engaging a professional migration agent or legal advisor is strongly recommended to increase your chances of success. Book a consultation to evaluate your visa options and pathways here.
Documentation Guide
Guidelines on documentation requirements for applicants from the People’s Republic of China.
Documentation Guide for Business Innovation and Investment Visa Applications from PRC residents (pdf, 1290kb)
Document Checklists
| For Subclass 188 – Significant Investor Visa Applications
Document Checklist for Subclass 188 SIV (pdf, 118kb) Source of funds for the Complying Significant Investment – Policy Clarifications 17 April 2019 (pdf, 127kb) |
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| For Business Innovation and Investment Visa Applications from PRC residents
Document Checklist for Subclass 132 (pdf, 169kb) Document Checklist for Subclass 188 (pdf, 189kb) |
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| For Business Innovation and Investment Visa Applications from Macau residents please ask VisaEnvoy for the standard checklist | |
| For Business Innovation and Investment Visa Applications from Hong Kong residents
Document Checklist for Subclass 132 (pdf, 155kb) Document Checklist for Subclass 188 (pdf, 183kb) |
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| For Business Innovation and Investment Visa Applications from Taiwan residents
Document Checklist for Subclass 132 (pdf, 138kb) Document Checklist for Subclass 188 (pdf, 149kb) |
Please note that the Visa Officer may also ask for other documents on a case by case basis, depending on the circumstances of the case.
FACT GUIDES- Below are some fact guides and sheets regarding Australian Migration and Queensland Business Immigration and Visas:
Chinese/ 中文
- BSMQ business investment brochure (Chinese)
- Why move to QLD (Chinese)
- Live Work Invest info sheet (Chinese)
Korean/ 한국
Japanese/ 日本
Business proposal
- Business proposal – Business Innovation (subclass 188)
- Business proposal – Business Talent (subclass 132)
- Business proposal – Entrepreneur (subclass 188)



