What are some important business considerations to make prior to applying for the Business Innovation Stream (Subclass 188) Visa?


 
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Adam - Citizens of Everywhere

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To seek Queensland state nomination you must:

demonstrate that you have net business and personal assets of at least A$800,000 to be transferred to Queensland within 2 years of the visa being granted.
must make a business investment of at least $200,000 after your visa is granted; and
must commit to living in Queensland.

You must also note:

Entry level small retail business, such as convenience stores, cafes, restaurants are only accepted if your proposed business is established in regional Queensland.
General importing business will not be accepted unless the imported products are highly innovative, advanced in technology, or currently unavailable in Queensland. You should also provide value-adding service to the imported products such as customised design, product assembly installation, testing, repair, maintenance etc.
Property development businesses will not be acceptable.

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