Skills in Demand (SID) and National Innovation Visas (NIV)
The Australian Department of Home Affairs recently announced changes to skilled migration pathways, introducing the new Skills in Demand (SID) visa and the National Innovation Visa (NIV) to address evolving workforce needs.
Key Updates to the New Skilled Visa Changes 2024
| Skills in Demand Visa (SID) – Subclass 482 | National Innovation Visa (NIV) – Subclass 858 |
| Replaces: Temporary Skill Shortage (TSS) visa, with existing TSS streams closing to new applications soon. | Replaces: Global Talent Visa but remains a Subclass 858 visa. |
| Visa Validity: Up to 4 years, with a pathway to permanent residency. | Pathway: Direct permanent residency. |
| Streams: Three streams available: – Specialist Skills: For high earners (min. $135,000) in most occupations (excludes trades, machinery operators, drivers, and laborers). – Core Skills: For skilled employees with a new occupation list and income threshold. – Labour Agreement: Renamed as Skills in Demand Labour Agreement. | For Exceptional Talent: Open to diverse high-achieving individuals, including: – Researchers and Thought Leaders: Recognized through publications, citations, or awards. – Entrepreneurs: Both established and emerging. – Innovative Investors: Emphasis on quality investments. – Athletes and Creatives: Particularly those representing Australia internationally. |
| Sponsorship Requirement: Must have an employer sponsor. | Application Requirement: Must be nominated and invited via an Expression of Interest (EOI). |
| English Requirement: Competent English. | English Requirement: Functional English or pay a second VAC. |
| Work Experience: Reduced to 1 year. | Work Experience: No specific requirements, broad acceptance based on exceptional talent. |
| Age and Occupation Restrictions: Any age. Excludes certain occupations like trades, machinery operators, drivers, and laborers. | Age and Occupation Restrictions: Any age, with no occupation restrictions. |
| Expected Launch: By the end of 2024. | Expected Launch: By the end of 2024. |
These new skilled visa programs are part of Australia’s approach to attract and retain skilled workers and exceptional talent across diverse industries, supporting innovation and economic growth.
Ready to explore Australia’s new skilled visa pathways? Whether you’re a high-skilled professional or an exceptional talent, the new SID and NIV visas could be your gateway to a thriving future in Australia. Don’t miss your chance to secure your spot. Contact Albert Arthur Lawyers and start planning today!
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