The Australian government launched in February 2021 a new category of visa aimed at attracting top global talents in several key projected growth areas for the economy.
The Global Talent Visa (GTV) program is designed as a streamlined way for highly skilled professionals and successful business owners to live and work permanently in Australia.
This program aims to attract the best and brightest global talents in an array of focused economic sectors. This visa is aimed at applicants who have an ability to help create employment, transfer skills, promote innovation and drive growth in the innovation and tech economy. Successful individuals will be given permanent residency to make Australia their new home.
The program has been allocated 15,000 places for the 2020-2021 term, and there is currently a drive by the Global Talent Task Force to identify and recruit applicants for this program.
Target Sectors
Advanced Manufacturing:
- Agri-food
- Circular Economy
- Cyber Security
- Defence
- Energy, Renewables & Resources
- Space
Health and Life Sciences:
- Medical & Biomedical Technology
Financial Services:
- Fintech
Enabling Sectors:
- Cultural, Tourism & Leisure
- Education & Research
- Infrastructure
Enabling Technologies and Sciences:
- Biosciences
- Cybersciences
- Data Sciences & Digital Technologies
- Material Sciences
- Nanotechnologies
- Quantum Technologies
- Robotics
What Does This Mean?
This visa, as explained, has been launched to attract highly skilled and qualified individuals who are making an impact in their field of work. This visa essentially cuts through the administrative issues of other visas such as the Skilled Migration or Business Visa categories. For example, under the GTV, it is no longer relevant whether the applicant is “onshore” or “offshore” when applying for the visa. Other examples include doing away with the need for a skills assessment (as required under Skilled Migration visas), instead relying on nomination by an industry peak body or an individual of prominence in the same sector. The applicant is required to demonstrate an ability to earn, or potentially earn, a salary at or above the Fair Work high income threshold of A$153,600.
How To Apply
This visa requires the applicant to lodge an Expression of Interest to the Global Talent Taskforce. As the eligibility criteria for this visa varies greatly depending on which economic sector the applicant represents, it is highly advised that an experienced Registered Migration Agent is engaged to help the candidate put forward their best case in order to succeed. At AL Migration Ptd Ltd, our agent Arthur Liew has had success in assisting in such applications and can provide you with information and advice on how to improve your chances of success. Before you submit your EOI, make sure you have your best presentation ready by engaging an experienced RMA. For more information on this visa, contact us for a consultation to help you make an informed choice.
This information was published on 9 April 2021.
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