Workvisa

National Innovation Visa – A Pathway for Exceptional Talent

The new National Innovation Visa (subclass 858) is set to reshape the way Australia attracts global talent. This visa offers a permanent residency opportunity for exceptionally talented individuals who can make a significant contribution to Australia’s future prosperity. It is designed for leaders with outstanding achievements who can drive productivity growth and job creation in key sectors of the economy.

To be considered, candidates must submit an Expression of Interest (EOI) highlighting their exceptional accomplishments. The Department of Home Affairs will extend invitations based on priority sectors. The highest priority will be given to global experts who have received international ‘top-of-field’ awards.

Next in priority are candidates nominated by Australian government agencies through the approved Form 1000. Following this, Priority Three focuses on individuals with exceptional achievements in Critical Technologies, Health Industries, and Renewables and Low Emission Technologies. Priority Four includes those excelling in Agri-food and AgTech, Defence and Space, Education, Financial Services and FinTech, Infrastructure and Transport, and Resources sectors.

If you have exceptional achievements in any of these areas, this visa could be a perfect fit. Stay updated as the application process progresses!

New changes to Australia's Migration Program: The National Innovation Visa! With the Global Talent Visa Expression of Interest (EOI) process now officially closed, this shift marks a significant change in how Australia attracts exceptional talent.

The new National Innovation Visa combines two major visa categories: the Business Innovation Visa and the Global Talent Visa. It focuses on four key areas:

Global Researchers and Thought Leaders – individuals with high-impact research and publications.

Entrepreneurs – established and emerging innovators with successful state and territory-led initiatives.

Innovative Investors – focusing on the quality of investments.

Athletes and Creatives – talent that represents Australia on the global stage.

The National Innovation Visa will provide an attractive pathway to permanent residency and is expected to open on 7 Dec 2024.

We are closely watching the developments and will keep you updated as more details become available!

Australian immigration is changing! On 11 December 2023, the Australian Government released new Migration Strategies. The new plan is starting with international students.

Higher English standards: There will be increased English language requirements to improve the quality of students’ educational experience in Australia and reduce potential workplace exploitation. For the Student Visa, the required IELTS score will increase from 5.5 to 6. For the Temporary Graduate Visa, it will increase from 6 to 6.5. For students studying with an English language training provider, the score will increase from 4.5 to 5. For students taking the university foundation or pathway program, the minimum score will be 5.5. The Government will likely implement these changes in early 2024.

Visa crackdown: There will be greater and more targeted scrutiny of student visa applications from high-risk providers. A visa integrity unit will work to reduce misuse of Australia’s student visa system, minimising non-genuine students and unscrupulous providers. This is to maintain confidence in Australia's international education and migration system.

If you have any questions, please feel free to contact us.