As noted by Phillip Coorey “this new, specialised high-skilled migration scheme that will offer fast-tracked permanent residency to 5000 people a year, will target high-income earners with expertise in one of seven fields including fintech and space and advanced manufacturing.
And the Minister says in his press release:
The Government continues to focus on our skills based migration system with a new scheme called the Global Talent Initiative.
The Government is investing $12.9 million in the Initiative which will strengthen Australia’s ability to compete for the best and brightest skilled migrants from across the globe.
Internationally, there is intense competition for global talent. Australia needs to be at the forefront in attracting the best and the brightest to help grow a stronger economy and a more prosperous Australia.
Through the Global Talent Initiative, the Department of Home Affairs will be tasked with identifying and recruiting the brightest minds from around the world through active targeting and promotion in Australia and overseas.
Our Global Talent Officers are located in Berlin, Dubai, Santiago, Shanghai, Singapore, and Washington DC. They work across a number of countries in their region, and attend key industry events and expos to promote the program.
Target sectors
- AgTech
- Space and Advanced Manufacturing
- FinTech
- Energy and Mining Technology
- MedTech
- Cyber Security
- Quantum Information, Advanced Digital, Data Science and ICT
Expected salary threshold The high income threshold is currently AUD148,700. This figure is adjusted annually on 1 July.
So if you or someone you know is a “high -flyer” in ag tec or Cyber Security , or a “rocket scientist contact us to discuss your options under this new visa class.
Remember TRUST ONLY a Master Migration Lawyer andmake an appointment with AR LAW Services: Master Migration Lawyer.
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Call 03 9614 0218 or email info@arlaw.com.au to make an initial 30 Minute consultation at our Melbourne office. (conditions apply)
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Note: this update, or any previous updates on this page, do not constitute legal advice and should not be relied upon as such. Please call our office to seek professional advice before acting or relying on any of the content on this page
