New South Wales (NSW) is now closed to applications for nomination under the Business Innovation and Investment Program (BIIP). As NSW has exhausted all quotas for the BIIP nomination, she’s unable to accept other applications until the next program year (July 2020). Queensland and South Australia’s nomination quota under the BIIP has been closed as well. For further information, please click here.
Moreover, Australia Department of Home Affairs has announced that they are undertaking a consultation process to seek views on whether the BIIP program details should be amended. Implying there might be possibility that entry barriers of the BIIP might set higher to suit the country’s future development. For further information, please click here.
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