Professional Credentials  |  Fixed Fee
High Success Rate  |  Client Satisfaction

 

Small Business Owners

The Migration Queensland has a Small Business Owners (SBO) stream under the Subclass 491 Regional Skilled Visa scheme. This SBO stream could be pursued by:

Purchasing an existing business

  • That has an occupation on LIN 19/051 relevant to 491.
  • Purchase an existing business in an existing location, for a minimum of $100,000.

 

Starting a new business

  • Have started and operated a profitable business in Queensland for at least 2 years immediately prior to submitting an EOI
  • Minimum $200K turnover in the last 12 months. 

 

491 SBO Criteria QLD

  • No vendor financing
  • No company share transfer (must have a contract of business sale)
  • Applicants cannot purchase a business from a family member
  • Applicants cannot purchase a business previously owned by a 491-SBO applicant
  • Commission agents or leasing agents of franchises (such as petrol stations), and home-based businesses (including those with virtual offices) will not be considered.
  • Applicants must operate their business for at least 3 years in a regional area (may be subject to monitoring).

 

Applicants need to be aware of this condition prior to committing to this visa stream.

 

491 Skilled Regional Visa
Australian Skilled Regional Visa
491 NSW | 491 VIC | 491QLD | 491 SA | 491 WA | 491 TAS

 

Scroll to Top