This page provides preliminary detail on the subclass 491 SBO – Small Business Owner pathway available in Queensland, through ‘Migration Queensland’ If you are a business owner with a business for sale and looking to expose your business to potential migrant business purchases, please see our business for sale enquiry page.
For migrants who are currently living and operating a small business in designated regional Queensland have the 491 SBO Nomination pathway.
To be eligible for 491 SBO Migration Queensland State nomination, applicants must meet both the Department of Home Affairs (DoHA) and ‘Migration Queensland’ (previously BSMQ) criteria.
Like some other skilled migration visa options, the 491 SBO operates under an Expression of Interest (EOI) process where applicants submit an EOI through SkillSelect to apply for the relevant visa. Following which, an 491 SBO assessment form is also lodged with Migration Queensland.
Migration Queensland will only assess an EOI that meets the DoHA and 491 SBO criteria. If successful, an invitation to lodge an application for Queensland State nomination will be received. Applicants will need to provide Migration Queensland with certain documents together with the applicable fee within a specified time from the date of invitation.
Once the completed Migration Queensland application is received and approved, an invitation from the DoHA to lodge your visa application will be received. Applicants will have 60 days to lodge their visa application.
The 491 SBO visa does not grant immediate permanent residency, however a 491 visa holder may be eligible to apply for the new Permanent Residence (Skilled Regional) Visa (subclass 191) (open to applications from 16 November 2022), when the following is met:
If you believe you qualify for the above visa and want some further information and assistance, please complete the details below.