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New Queensland Business & Skilled Occupation list starts Tomorrow

Business and Skilled Migration Queensland (BSMQ) is pleased to announce that new Queensland Business Criteria for the Business, Innovation and Investment Program (BIIP) and a new Queensland Skilled Occupation List (QSOL) has been approved by the Queensland Government. These changes will come into effect from Monday 25 July 2016.

The headline changes include:


Net Business and Personal Assets of AUD$1.5 million to be transferred to Queensland within 2 years after visa is granted including:

  • minimum AUD$1million investment in a business
  • minimum AUD$500,000 settlement costs
  • must reside in Queensland.


  1. Innovation Stream: Net Business and Personal Assets of AUD$800,000 to be transferred to Queensland within 2 years after visa is granted including:
    • minimum AUD$200,000 investment in a business
    • must reside in Queensland
  2. Investor stream:
    • Existing criteria remains the same
    • must reside in Queensland
  3. Significant Investor Stream (SIV):
    • current Austrade Complying Investment Framework
    • commitment to Queensland.


The new QSOL will be released and come into effect as of Monday 25 July 2016.

BSMQ will suspend processing Expressions of Interest (EOI) from Thursday 14 July until Friday 22 July 2016 in order to update the relevant fact sheets and application forms, and the new QSOL

From Monday 25 July 2016, BSMQ will commence processing EOI’s under the newly approved business criteria & QSOL list.

If you or anyone you know is about to lodge a Business or SKILLED VISA  sub class 485, 189 or 190 or has had a  visa refused or cancelled please speak to one of the lawyers at our office for thorough advice on your options.

Call   03 9614 0218 or email

to arrange a free initial 30 Minute consultation at our Melbourne office.

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Note: this update, or any previous updates on this page, do not constitute legal advice and should not be relied upon as such. Please call our office to seek professional advice before acting or relying on any of the content on this page