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Australia is set to transform its skilled migration landscape with the introduction of two new visa categories: the Skills in Demand (SID) Visa and the National Innovation Visa (NIV). These changes aim to attract a diverse range of talent to meet the country’s evolving workforce needs. In this blog, we’ll explore the key features of these new visa categories and what they mean for potential applicants.
The Skills in Demand Visa is a temporary skilled worker visa that will be valid for up to four years. Importantly, it offers a clear pathway to permanent residency for successful applicants. This visa will be structured into three distinct streams:
This stream is designed for highly skilled migrants who earn at least $135,000 per year. However, it excludes trades workers, machinery operators, drivers, and laborers. This focus ensures that Australia attracts top-tier talent across a range of professions.
The Core Skills Stream targets skilled employees with a new Core Skills Occupation List and a specific Income Threshold. This stream broadens opportunities for various skilled professions that are essential to the Australian economy.
The existing Temporary Skill Shortage (TSS) Labour Agreement stream will be renamed to the Skills in Demand Labour Agreement stream. Notably, the work experience requirement will be reduced to just one year, making it easier for applicants to qualify.
As the SID Visa takes effect, the current TSS visa streams will close to new applications, marking a significant shift in Australia’s approach to skilled migration.
The National Innovation Visa is set to replace the Global Talent Visa while remaining under the same subclass (858). This visa aims to attract a broad spectrum of exceptional talent, including:
Applications for the NIV will be by invitation only, with a process that more closely resembles other invitation-only visa categories. This change reflects a strategic approach to select only the most qualified candidates.
| Feature | SID Visa (Subclass 482) | NIV (Subclass 858) |
|---|---|---|
| Applicant Profile | Highly skilled, earning at least $135,000, with employer sponsorship | Internationally recognized talent, prominent in their field |
| Visa Length | Up to 4 years (with pathway to permanent residency) | Direct to permanent residence |
| Sponsorship Requirement | Must have an approved sponsor | Must be nominated via approved Form 1000 |
| English Language Requirement | Competent English | Functional English or pay a second VAC |
| Age | Any age (PR requirements are separate) | Any age |
| Occupation Restrictions | Limited to specific occupations | No occupation restrictions |
| Grants Each Program Year | Demand-driven | Planned program; must be invited to apply |
These exciting changes are scheduled to commence before the end of 2024, signaling Australia’s commitment to attracting skilled workers and innovative talent. Whether you’re a highly skilled professional or an exceptional innovator, these new visa pathways may present new opportunities for you to contribute to Australia’s vibrant economy.
For more details on the new visa categories and how they might impact you, stay tuned for our future updates. If you have questions or want personalized advice on your migration journey, feel free to reach out!
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