Your Business, Our Expertise
Subclass 491 Small Business Owners (QLD) VISAS
This visa, designed for small business owners, allows temporary visa holders who are currently living and lawfully operating a small business in regional Australia to continue living and working in designated regional areas of Australia for up to five years. It is also a points-based visa, and you are required to be nominated by the Queensland (QLD) government.
Subclass 491 Small Business Owners (QLD)
To be eligible for the visa, you must meet the Department of Home Affairs (DOHA) requirements:
- Be under 45 years of age
- Nominate an eligible skilled occupation
- Have a positive skills assessment
- Have competent English
- Score at least 65 points
- Be nominated by QLD government
- Meet health and character requirments
In addition to the QLD requirements, there are two pathways:
For both pathways, you must:
- Have 100% ownership of the relationship
- Have operated the business and live in regional QLD
- Have a full-time work right
Pathway 1
- The business must have been operating for a minimum of two years in its current location, immediately prior to purchase.
- The purchasing price of the existing business is minimum of $100,000
- Operate the business for at least 6 months
- Employ at least one Australian resident
Pathway 2
- Have been operating a profitable start-up for a minimum of two years, with a turnover of $200,000 in the twelve months prior to application
Length of stay: up to 5 years
Processing time: 16 months more
Application preparation time: 6 months to 1 year
THE BUSINESS INNOVATION AND INVESTMENT VISAS
The Business Innovation and Investment Visa (subclass 188) BIIP, is a category of visa offered by the Australian government to encourage business owners, investors, and entrepreneurs to contribute to the Australian economy. It is part of the Business Innovation and Investment Program and is divided into several streams, each catering to specific business and investment activities. Here’s a brief introduction to this visa program:
- Business Innovation Stream
- Investor Stream
- Significant Investor Stream
- Premium Investor Stream
- Entrepreneur Stream
Our service only provides Business Innovation and Significant Investor streams.
Each stream has its own set of eligibility requirements and criteria from Australian Department of Home Affairs(DOHA) and each state; therefore, it’s essential to consult the Australian Department of Home Affairs and seek assistance from us to understand the specific requirements for the stream that best suits your business or investment goals.
IMPORTANT: The Business Innovation and Investment (Provisional Visa) for the years 2023-2024 is closed in all states in Australia. If you are still interested to purchasing and running a business in Australia, you might want to have a look at the subclass 491 Small Business Owner Visa.
Business Innovation Stream
This stream is for individuals with business skills who want to establish, develop, or manage a new or existing business in Australia.
Significant Investor Stream
This temporary visa is intended for individuals who commit a minimum of AUD $5Million to Australian investments that align with specific criteria and continue their investment activities in Australia.
