Queensland welcomes those interested in owning and managing a new or existing business which has the capacity to create jobs and deliver exceptional economic benefit to Queensland.
This Business Talent visa allows you to stay in Queensland on a permanent basis and includes the following streams:
- Significant Business History visa (132) is for business owners or part owners who want to have a major management role in a new or existing business in Queensland.
- Venture Capital Entrepreneur stream (132) is for people who have sourced venture capital funding from a member of the Australian Venture Capital Association Limited (AVCAL) for the start-up, product commercialisation or business development of a promising high-value business idea.
State nomination for this visa is managed by the Queensland Government through Business and Skilled Migration Queensland (BSMQ) in collaboration with the Australian Government’s Department of Home Affairs (DHA).
Significant Business History visa (132)
Eligibility criteria
To be considered for Queensland state nomination for a Business Talent visa, you must first meet the Australian Government’s DHA criteria. Visit the DHA website for detailed information.
You must also meet the BSMQ criteria.
To seek Queensland state nomination through this visa stream you must:
- demonstrate that you have net business and personal assets of at least A$1.5 million to be transferred to Queensland within 2 years of your visa being granted, which includes a minimum of A$1 million for investment into a business and a minimum of A$500,000 for settlement costs
- demonstrate a commitment to Queensland with an intention to reside and invest in Queensland.
Application process
Step 1: Review your eligibility criteria, visa conditions and document checklist on the DHA website and the BSMQ website. Ensure you meet both the DHA criteria and BSMQ criteria, and have all your documentation ready before you apply.
Step 2: For Queensland State nomination, submit an Expression of Interest (EOI) with SkillSelect. Please ensure all information is included in your EOI. Preference will be given to applicants who select“Queensland” as their nominating state of choice over applicants who select ‘ANY’ state.
Step 3: BSMQ assesses all EOIs that meet the DHA and BSMQ criteria. If you are successful, you will receive an email invitation to lodge an application and be requested to provide the following BSMQ required documents. Documents are to be uploaded electronically, through the Document Portal link provided in your invitation email. We no longer accept attachments sent to us by email.
BSMQ required documents
- QLD State Nomination Application Form
- Business proposal
- DHA Form 1139A
Step 4: When you have received your invitation:
- Upload required documents
- Pay the non-refundable application fee to BSMQ in order to finalise your application.
BSMQ will review your application and may request further information.
Please note: you will be given 14 days to finalise your application from the date of invitation. If you are unable to provide the relevant information within this time frame, you must seek an extension from BSMQ. Applications not finalised within time frames will be closed and applicants will need to submit a new EOI if they wish to re-seek Queensland nomination.
Step 5: Once your completed BSMQ application is received and approved, you will receive an invitation from the DHA to lodge your visa application. You will be given 60 days to lodge your application with the DHA.
Venture Capital Entrepreneur stream (132)
Eligibility criteria
To be considered for Queensland state nomination for a Business Talent visa, you must first meet the Australian Government’s DHA criteria. Visit the DHA website for detailed information.
You must also meet the BSMQ criteria.
To seek Queensland state nomination through this visa stream you must:
- demonstrate that you have net assets of at least of A$200,000 to be transferred to Queensland for settlement costs
- demonstrate a commitment to Queensland with an intention to reside and invest in Queensland.
Application process
Step 1: Review your eligibility criteria, visa conditions and document checklist on the DHA website and the BSMQ website. Ensure you meet both the DHA criteria and BSMQ criteria and have all your documentation ready before you apply.
Step 2: For Queensland State nomination, submit an Expression of Interest (EOI) with Skillselect. Please ensure all information is included in your EOI. Preference will be given to applicants who select“Queensland” as their nominating state of choice over applicants who select ‘ANY’ state.
Step 3: BSMQ assesses all EOIs that meet the DHA and BSMQ criteria. If you are successful, you will receive an email invitation to lodge an application and be requested to provide the following BSMQ required documents. Documents are to be uploaded electronically, through the Document Portal link provided in your invitation email. We no longer accept attachments sent to us by email.
BSMQ required documents
- QLD State Nomination Application Form
- Business proposal
- DHA Form 1139A
- Evidence of AVCAL membership
- Evidence of funding from a member of the Australian Venture Capital Association Limited (AVCAL)
- Copy of venture capital funding agreement
- Copy of business proposal provided to AVCAL member
- Evidence of ownership of idea for commercialisation (e.g. statement of history of developing the idea, patents, intellectual property, trade marks or another supporting documentation).
Step 4: When you have received your invitation:
- Upload required documents
- Pay the non-refundable application fee to BSMQ in order to finalise your application.
BSMQ will review your application and may request further information.
Please note: you will be given 14 days to finalise your application from the date of invitation. If you are unable to provide the relevant information within this time frame, you must seek an extension from BSMQ. Applications not finalised within time frames will be closed and applicants will need to submit a new EOI if they wish to re-seek Queensland nomination.
Step 5: Once your completed BSMQ application is received and approved, you will receive an invitation from the DHA to lodge your visa application. You will be given 60 days to lodge your application with the DHA.
https://migration.qld.gov.au/business-visa-options/subclass-132/
