Global Talent – What is Australia doing to attract it?
Global Talent, highly skilled professionals – the best and the brightest on the international stage.
Australia, the land of exceptional opportunities, multi-cultural, diverse, a resilient economy and all-round great place to live.
The Prime Minister has made it his personal mission to combine these two concepts into ‘turbo charging’ the Australian economy by creating the Global Talent Visa (GT visa).
What is the global talent visa?
If you had the opportunity to listen to the Prime Minister’s Special Envoy, Peter Verwer who spoke with Charles Cameron and the RCSA a couple of weeks ago, the GT visa is everything Mr Verwer and his Global Talent Taskforce said, and more.
From its inception as a pilot program in the later part of 2019, the Global Talent visa was created to strategically and purposefully focus on attracting and retaining global talent.
Gaining momentum through COVID, it has evolved into a streamlined search for innovative, exceptional individuals who will drive the Australian economy (and is part of the government’s ‘JobMaker’ plan) to help generate quality jobs for Australians.
To get to the meat and bones of it, the GT visa is the fastest track to permanent residency for a candidate, who can either be onshore or offshore. The processing times we are experiencing average around 3 months from lodgement of the fast-track request, through the Expression of Interest (EOI) process, to lodgement and grant of the GT visa and permanent residency for a candidate.
Who is being targeted?
The bar is set high. For a candidate to be eligible, they must evidence they are internationally recognised within a target sector and are prominent in their field of expertise; be an asset to Australia; have or be able to find employment in Australia; meet or be able to meet the Fair Work High Income Threshold (FWHIT); and be nominated by an equally prominent Australian or Australian organisation.
What sectors are being targeted?
· Advanced Manufacturing, Defence and Space;
· Agrifood and AgTech;
· Circular Economy;
· Digitech (including Cybersecurity and Data Science);
· Education and Research;
· Energy and Mining;
· Financial Services and Fintech;
· Health and Life Sciences;
· Infrastructure and Tourism; and
What the Global Talent visa is not….
An easy pathway to permanent residency. If a candidate does not meet the high threshold set for the GT visa (which is constantly moving upwards) and they qualify for another visa, they should not head down the Global Talent pathway. This will only lead to false hopes, shattered dreams and a Global Talent application that will sit in the pile until refused.
What does this mean for the recruitment industry in Australia?
If a candidate comes across your desk, and meets your brief, are offshore or don’t hold an appropriate visa onshore, don’t dismiss them too quickly. You and your client now have the option of considering that candidate by utilising the Global Talent visa. Remember, these candidates have the potential to become permanent residents in a relatively short period of time. The GT visa grant also provides candidates the ability to travel to Australia with their families without a travel exemption.
What should we do if we are considering a candidate that may be eligible for the GT visa?
Above all, don’t provide immigration assistance. This is unlawful.
Get in contact with Exclusive Migration, or your registered migration professional. Ensure that they have experience and proven results with GT visas. The GT visa is comparable to the proverbial duck swimming in the pond, on the surface it looks as though there is little effort, but under the surface, it is a different story.
Exclusive Migration has successfully lodged across all C-Suite and targeted sectors.
Other migration news
COVID and work rights – this is a moving feast. The Department of Home Affairs have stated they are taking a ‘flexible approach’ with student visa holders working in certain sectors to assist business through this period. Always check every candidates work rights to ensure compliance using Visa Entitlement Online system (VEVO) .
Lisa and Alan Chanesman have collectively provided migration advice to the RCSA for over 15 years.
Lisa Chanesman is a registered migration advice professional and CEO of Exclusive Migration. Lisa and her team provide professional advice in all areas of Australian permanent and temporary migration visas and compliance.
Lisa’s expertise is in residency and citizenship planning for global talent, investor clients and compliance.
You can find out more about Lisa here: www.exclusivemigration.com.au
Alan Chanesman is acknowledged by the migration profession as the leading Labour Agreement specialist.
You can find out more about Alan here: www.achanesman.com
The above information is not exhaustive and is subject to change without notice. This article is provided as general commentary and should not be taken as migration law advice.
For a consultation please contact Lisa direct at email@example.com.
 Depending on the quantity of applications the Department is processing at a particular time  Immigration assistance is when a person uses knowledge of, or experience in, migration procedure to assist with visa applications or other visa matters by advising about a visa application or visa matter, preparing or helping to prepare a visa application or other document, representing in, or preparing for, proceedings before a court or review authority in relation to a visa matter.