Key to a successful nomination is choosing the right business visa for your situation and needs
The first step to preparing a successful business application is:
- Ensure you meet BOTH Queensland state criteria and Department of Immigration Border Protection (DIBP) criteria for your chosen business visa
- Ensure you are able to provide required documentation to meet Queensland state criteria before submitting your Expression of Interest (EOI).
View the comparative table below:
| BUSINESS VISA |
BSMQ CRITERIA |
BSMQ required documents |
| Business Talent (Permanent) Visa (Subclass 132) |
- total 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
- a commitment to Queensland with an intention to reside and invest in Queensland
|
|
| Business Innovation (Provisional) Visa (Subclass 188A) |
- total net business and personal assets of at least A$800,000 to be transferred to Queensland within 2 years of your visa being granted, including a minimum of A$200,000 for investment into a business
- commit to living in Queensland
- Please note: BSMQ does not nominate entry level franchise, small retail and small hospitality establishments
|
- Qld State Nomination Application Form
- Business proposal summary (see how to prepare your Business Proposal)
- DIBP 1139A Form: at least the latest financial year’s Statement of Assets and Liability statement (SALP) showing adequate net business and personal assets
|
| Business Investor (Provisional) Visa (Subclass 188B) |
- total net business and personal assets of at least A$2.25 million to be transferred to Queensland within 2 years of your visa being granted
- make and maintain your designated investment of at least A$1.5 million in Queensland Treasury Corporation Bonds for at least four years
- commit to living in Queensland
|
- Qld State Nomination Application Form
- Summary of your Business & Investment background
- DIBP 1139A Form: required to provide 3 consecutive Statement of Assets and Liability statements (SALP) showing that you and/or your spouse or de facto partner have 50% more than the proposed designated investment(s), that is, you have owned net assets of A$2.25 million
|
| Significant Investor (Provisional) Visa (Subclass 188C) |
- at least A$5 million available for transfer into complying investments in Australia
- meet the complying investment frameworks set by Austrade and provide details of your complying investment intentions to BSMQ
- a commitment to Queensland with an intention to reside and invest in Queensland
|
- Qld State Nomination Application Form
- DIBP 1139A Form: at least the latest financial year’s Statement of Assets and Liability statement (SALP) showing adequate net business and personal assets
|
| Premium Investor Visa (188D) |
Visit the Austrade website for more information |
|
| Entrepreneur (Provisional) Visa (188E) |
- have a funding agreement from a third party* of at least A$200,000 to undertake a complying entrepreneur activity
- provide a comprehensive company business plan, demonstrating an entrepreneurial activity which relates to an innovative idea that is proposed to lead to the commercialisation of a new or improved product or service or the development of a new enterprise of business
- provide proof of at least 30% share in the ownership of the entrepreneurial entity at the time of entering into the agreement
- provide proof of sufficient settlement funds
- must commit to living in Queensland
|
- QLD State Nomination Application Form
- Business Proposal Summary (see how to complete your Business Proposal)
- A comprehensive Business Plan for the entrepreneurial entity
- DIBP 1139A Form: at least the latest financial year’s Statement of Assets and Liability statement showing adequate net business and personal assets
- Legally enforceable agreements to receive funding with a total of least A$200,000 from one of the DIBP listed entities
- *Third Party definition
- Commonwealth Government agency
- State or Territory Government
- Publicly Funded Research Organisation
- Investor registered as an Australian Venture Capital Limited Partnership or Early State Venture Capital Limited Partnership
- Specified Higher Education Provider
|
For all other Business Visas, go to http://ift.tt/2lFsK43
See our other posts in the series
The post How to Migrate to Queensland: Choosing the right business visa appeared first on BSMQ.
Originally Published here:
How to Migrate to Queensland: Choosing the right business visa
No comments:
Post a Comment