Earlier this year, the Australian Government announced that it would close the Global Talent Visa (GTV) in late 2024 and replace it with the new National Innovation Visa.
The National Innovation Visa, expected to be introduced in late 2024, will replace both the Global Talent Visa and the Business Innovation and Investment Program. This new visa aims to attract exceptionally talented migrants to Australia, including high-performing entrepreneurs, major investors, and global researchers.
You can read more about the National Innovation Visa here.
Global Talent Visa latest updates:
1. Global Talent Visa Skill open
The Global Talent is currently still moving forward and is not closed yet. We are still getting invites for our clients.
2. Quick EOI Rejections
We have noticed that Expressions of Interest (EOIs) from applicants who clearly do not meet the prioritization parameters are being rejected very quickly. Some applicants received rejection decisions as fast as 2 weeks, while others were informed within 2 months.
It seems that applicants who do not meet the high-income threshold are being rejected quickly.
Additionally, some applicants already in Australia on other visas, such as the subclass 482, are also receiving rejections.
3. People with Rejected EOIs Trying Again
Resubmitting an EOI after an unsuccessful attempt depends on the case.
There are those who are unsuccessful because they did not provide enough evidence but have the achievements, salary, etc and perhaps did not provide good responses to the questions in the EOI webform. These applicants may have a chance if they improve their submissions and evidence.
Then there are those who do not meet the parameters of the program so if they cannot provide any significant changes since submitting their first EOI, they would still get an unsuccessful EOI.
4. Global Talent Visa Processing Time
The current processing time for the Global Talent Visa is between 9 to 12 months.5. Global Talent Visa has become more competitive
We have been saying this for a while now, but with the announced closure of the GTV visa and the planned merger/consolidation of the GTV and business visa into one visa, the National Innovation Visa, coupled with the reduced allocation from 5,000 to 4,000, the GTV has become even more competitive.Thus, it is very important to show that the applicants meet the high-income threshold and have the required internationally recognised achievements in their field.
6. Nominators
Self-represented applicants for the GTV have also reported that they have been getting requests to prove their nominator's status. This is one indicator that the Department is more stringent in assessing the applications.
We have also seen that there are instances where the Department contacted the nominator to verify the contents of the Form 1000 and have even contacted some referees to check the claims of the applicants.
Global Talent Visa Requirements
While the Global Talent Visa remains open, it is important to make sure your meet all the requirements for your EOI.
Just putting a EOI in because you hear it is closing, without considering the criteria, is not a good idea.
The criteria include, being in one of the target sectors, having international recognition for outstanding achievements, earning a salary above the current income threshold of A$175,000 (for the 2024-2025 Financial year), being employable in Australia and securing an eligible nominator.
Take a free Global Talent Visa assessment
If you’re considering applying for the Global Talent Visa, we offer a free assessment on our website where we can provide feedback on your chances of being invited.
Do you need help to apply for an Australian Visa?
If you need assistance with applying for an Australian visa, please contact us.
You can book an appointment online or call us at (+61) 8 8351 9956.
Our team of experienced Immigration Lawyers and Migration Agents look forward to assisting you with your visa application.
Based in Adelaide, South Australia, we provide Australian immigration advice to people and businesses from all over the world.
Sources:
https://immi.homeaffairs.gov.au/visas/getting-a-visa/visa-listing/global-talent-visa-858
Budget Paper No.2 (squarespace.com)
