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Australia to Offer New Visas to Highly Skilled Migrants

Tue, Mar 20 2018

Australia to Offer New Visas to Highly Skilled Migrants

The Australian government will create a new visa to compete with other developed countries for “high-tech skills and talent”, allowing companies to sponsor migrants for jobs paying more than $180,000. Introduction of new visa is also in the pipeline. This new visa is for start-up companies seeking talent in STEM (Science Technology Engineering Math) fields like biomedicine and agricultural technology.

For both visas, a migrant must have a relevant work experience of three years and sponsor companies must demonstrate that they tried to hire Australians first.

Also Read: Australia’s Mining Sector To Increase Jobs in 2018!

Australian government press release states “The government recognizes there is fierce competition globally for high-tech skills and talent, and that attracting these people helps to transfer skills to Australian workers and grow Australian-based businesses.”

Additionally, there won’t be any cap on the overall number of visas. However, individual companies will have a limit on number of migrants they can employ.

Businesses will be able to take up to 20 skilled migrants under the new stream per year, whereas start-ups will be able to employ five skilled migrants.

The visas for jobs paid more than $180,000 will only be available to businesses with a turnover of more than $4 million. On the other hand, the start-ups visas will be available to any authorized body after proper approval by the government.

Also Read: Australia Skill Select Invitation Round Results Announced for 21 February 2018

The migrants will have a “Transitional Pathway” to permanent residence after residing three years in the country.

The further details about the scheme will be out over the next few months. The 12-month pilot begins on 1st July 2018. 

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