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Australia triples Global Talent visas

Last week the Australian government announced it would triple Global Talent visas from 5,000 places to 15,000 for individuals and businesses as part of the budget.

Global Talent visas are open to people and businesses overseas in targeted sectors:

  • Agricultural technologies including distribution
  • Space and advanced manufacturing
  • FinTech
  • Energy and mining technology
  • MedTech
  • Cyber security
  • Quantum information, advanced digital, data science and information communication technologies

The program is available to recent PhD or Master’s degree graduates in the above fields (in Australia or overseas) or those working in these fields that are paid more than A$153,600 (about US$111,000).

The program is also open for businesses (and key staff) in the above fields to relocate to Australia. The program builds on the announcement earlier this year on incentives for Hong Kong regional headquarter businesses to relocate to Australia.

The budget also included a one-off increase for family visas, which is mostly partner visas, from 47,732 to 77,300 visas. However, it announced new plans for an English test for sponsors and partner visa applicants. This is not law yet, but is likely to begin next year.

The government said it was prioritising employer-sponsored, global talent and business and investment visas as well onshore applicants and partner visas where the sponsor lives in a regional area (Gold Coast is regional).

To find out whether you are eligible to apply for the Global Talent program, contact us now on 07 5591 5099 and a member of our team will be happy to help.

 

Author: Sed Crest

Director: Ian Kennedy & Sophie Pearson

Date: 19 October 2020