The Australian Department of Home Affairs (DHA) has stated that significant changes will occur to the Australian work visa and business innovation visa programs. The major changes will be as follows:
- The Skills in Demand visa will replace the current Temporary Skill Shortage (TSS)(subclass 482) visa.
- The National Innovation visa will replace the current Global Talent and Business Innovation visas.
The DHA has advised that the new visa programs will include the following features:
Skills in Demand Visa:
- Four year duration;
- Pathway to Australian permanent residency;
- One year relevant work experience.; and
- Three separate visa streams with their own discrete requirements, including:
- Specialist visa stream
- Core visa stream
- Essential visa stream.
National Innovation Visa:
- Will require an invitation to be issued by the DHA prior to lodging a visa application;
- Intended to attract ‘exceptionally talented’ migrants who will drive growth in sectors of national importance to Australia; and
- Intended to target entrepreneurs, investors, researchers, creatives and athletes.
The new Skills in Demand visa and National Innovation visa programs are expected to be introduced by the end of 2024.
Specific details and requirements of the new visa programs are still yet to be revealed by the Australian Government. We will keep you updated as the new visa programs are introduced.
Disclaimer:
The information on this website is intended only to provide a summary and general overview on relevant matters. It is not intended to be comprehensive nor does it constitute legal advice. You are advised to seek legal or other professional advice before acting or relying on any of the content contained in this website.