An update from the Australian Department of Home Affairs has referred to the Skills in Demand (SID) visa and the National Innovation visa (NIV) and highlighted the following points:
Skills in Demand visa Subclass 482
- Temporary skilled worker visa with up to 4 years validity
- Clear pathway to permanent residence
- Will have 3 streams – Specialist Skills, Core Skills and Labour Agreements
- Specialist Skills stream: Will be for highly skilled migrants earning at least $135,000 in any occupation except trades workers, machinery operators, drivers and labourers
- Core Skills stream: Will be for skilled employees and there will be a new Core Skills occupation List and a Core Skills Income Threshold
- Labour Agreement stream: The TSS Labour Agreement stream will be renamed the Skills in Demand Labour Agreement stream
- Work experience requirement reduced to one year
- As the TSS visa will be replaced by the SID visa existing short-term and medium-term streams of the TSS visa will close to new applications.
- The Department are currently working on this, and it will commence in 2024 before the end of the year.
National Innovation Visa (Subclass 858)
- Will replace the Global Talent visa but remain a Sc 858 visa
- Will have a place for a broad range of high calibre talent with a diversity of backgrounds such as :
- Global researchers and thought leader e.g. published in leading journals, high levels of publications and citations, recipients of top of field awards
- Entrepreneurs both established and emerging with lessons taken from successful State and Territory led initiatives
- Innovative Investors with a focus on the quality of investment, not simple thresholds
- Athletes and creatives particularly those that represent Australia internationally
- Applications will be by invitation only and the EOI process will more closely reflect that of other invitation only visas.
- The Department are currently working on this, and it will commence in 2024 before the end of the year.
To learn more about these vis updates and your eligibility, contact Thames Migration today or complete our Free online eligibility assessment.