On 19 March 2018, a new visa scheme was announced to attract highly skilled global talent in the Technology-based and STEM-related start-up businesses which will be piloted from 1 July 2018.
The Australian Government has recognised there is fierce competition globally for high-tech skills and talent, and aims to attract these people to helps to transfer skills to Australian workers and grow Australian-based businesses.
The Global Talent Scheme will consist of two components. Established businesses with an annual turnover of more than $4 million will be able to sponsor highly skilled and experienced individuals for positions with earnings above $180,000 into Australia.
The sponsoring business must have a track record of hiring and training Australians.
The applicant can access a four year Temporary Skill Shortage visa with permanent residency available after three years.
Further consultations will be held over the next few months before piloting the scheme for 12 months.
To find out more information, please visit these links:
Media Release on the New Visa Scheme
Fact Sheet on the Global Talent Scheme