National Innovation Visa | Introduction to The New Global Talent Visa (SC 858)
The National Innovation Visa (NIV) is set to replace the Global Talent Visa (Subclass 858) while maintaining its subclass designation. This visa aims to attract diverse, high-calibre talent from various backgrounds and offers a unique pathway to permanent residency for those who can significantly contribute to the Australian economy.
What are the key Features of the National Innovation (SC858) Visa?
Target Audience for National Innovation Visa
The NIV will welcome applicants from a broad spectrum of exceptional talent, including:
Global Researchers and Thought Leaders: Individuals who have published extensively in leading journals, possess high citation counts, and have received prestigious academic awards.
Entrepreneurs: Established and emerging entrepreneurs can learn from successful initiatives led by states and territories.
Innovative Investors: Investors focused on the quality and impact of their investments rather than just meeting financial thresholds.
Athletes and Creatives: Those who represent Australia internationally, showcasing exceptional talent in sports or the arts.
National Innovation Visa Application Process
Invitation Only: Applications for the NIV will be by invitation only. The Expression of Interest (EOI) process will align more closely with other invitation-only visa categories, emphasizing the need for exceptional talent and achievements.
What are the differences between the Skills in Demand (SID) Visa (Subclass 482) and the National Innovation Visa (NIV) (Subclass 858)?
The NIV will be distinct from the Skills in Demand (SID) Visa (Subclass 482) - Specialist Skills Stream in several ways, as highlighted in the comparison below:
| Feature | Skills in Demand (SID) Visa (Subclass 482) Specialist Skills Stream | National Innovation Visa (NIV) (Subclass 858) |
|---|---|---|
| Applicant Profile | Highly skilled, earning at least $135,000, with an employer sponsor | Internationally recognized record of exceptional talent, prominent in their field |
| Visa Length | Up to 4 years (with a pathway to permanent residency) | Direct to permanent residence |
| Sponsorship Requirement | Must have an approved sponsor | Must be nominated via approved form 1000 |
| English Proficiency | Competent English | Functional English or pay second Visa Application Charge (VAC) |
| Age Restrictions | Any age (PR requirements are separate) | Any age |
| Occupation Restrictions | Almost any occupation except trades workers, machinery operators, drivers, and labourers | No occupation restrictions |
| Grants Each Program Year | Demand driven | Planned program and must be invited to apply |
When is the proposed Commencement Period for NIV (Subclass 858)?
The Department of Home Affairs is developing this visa, which is expected to commence before the end of 2024.
How Can Agape Henry Crux Help
The National Innovation Visa (Subclass 858) represents a strategic initiative to attract top-tier talent to Australia, fostering innovation and global competitiveness. Our Accredited Specialist Immigration Lawyer(s) and our team of immigration lawyers and migration agents at Agape Henry Crux specialise in handling highly complex matters. You can schedule an appointment with one of our lawyers or agents to seek professional advice by calling 02-8310 5230 or email us at info@ahclawyers.com.
We speak fluent English, Mandarin, Cantonese and Malay. We can also help you arrange an interpreter if this isn't your language.
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