Global Talent Scheme (GTS Visa)
As of 1 July 2018, a new visa scheme aimed at attracting highly skilled global talent to deliver innovation to Australia will be piloted.
Recognising the fierce global competition for high-tech skills and talent, the Australian Government know that attracting these people will continue to help transfer skills to Australian workers and grow Australian-based businesses.
The Global Talent Scheme consists of the Established Business Stream and the Start Up Stream, as further detailed below.
The Temporary Skill Shortage Subclass 482 and permanent residency will then be an option after three years employment on the GTS visa.
Established business stream
Employer criteria
- Demonstrate that access to the GTS will support job opportunities and skills transfer for Australians
- Labour market testing evidence for the specific positions as part of request for a GTS agreement.
- The employer must be in good standing with relevant regulatory agencies, including compliance with immigration and workplace laws.
- Must be publicly listed or have an annual turnover of at least $4 million for each of the past 2 years.
- Be endorsed as a TSS accredited sponsor.
- Must meet health, character and security requirements.
- No familial relationship with directors/shareholders.
- Qualifications must be commensurate with the highly skilled role.
- At least 3 years work experience directly relevant to position.
- Capacity to pass on skills/develop Australians.
- Position must have minimum annual earnings equivalent to the Fair Work High Income Threshold ($145,400 as at 1 July 2018)
- Access up to 20 positions per year (applicant and position criteria must be satisfied on each occasion).
- Flexibility in certain visa criteria, including
- access to 4 year TSS visas
- age cap concessions.
- Transitional pathway to permanent residency after 3 years.
- Simpler applications and faster processing.
- If the position ceases the visa holder will have 60 days to find a new sponsor and a new visa or depart Australia.
- Operates in STEM-related field (eg digital, biomedical, agtech).
- Demonstration that recruitment policy gives first preference to Australian workers.
- Labour market testing evidence for the specific positions as part of request for a GTS agreement.
- The employer must be in good standing with relevant regulatory agencies, including compliance with immigration and workplace laws.
- Independent startup advisory panel will assess and endorse the business as a viable and genuine startup.
- Must meet health, character and security requirements.
- No familial relationship with directors/shareholders.
- Qualifications must be commensurate with the highly skilled role.
- At least 3 years work experience directly relevant to position.
- Capacity to pass on skills/develop Australians.
- Minimum annual earnings at the market salary rate, but not less than $80,000. This can include equity, but must have a cash component that is no less than the Temporary Skilled Migration Income Threshold (currently $53,900).
- Access up to 5 positions per year (applicant and position criteria must be satisfied on each occasion).
- Flexibility in certain visa criteria, including
- access to 4 year TSS visas
- age cap concessions.
- Transitional pathway to permanent residence after 3 years.
- Simpler applications and faster processing.
- If the position ceases (eg the start-up ceases trading) the visa holder will have 60 days to find a new sponsor and a new visa or depart Australia.
- creation of new jobs for Australians
- transfer of skills and knowledge to Australian workers.
- 2 streams – established business (accredited sponsors) and startups (operating in a technology based or STEM (science, technology, engineering and mathematics) related field)
- the ability to negotiate variance from standard TSS visa requirements
- agreement processing is prioritised
- access to highly-skilled roles for trusted employers – not restricted to occupation lists
- visa validity of up to 4 years, and access to permanent residency pathway
- negotiable age requirements on permanent residence pathway
METHOD OF RECRUITMENT ATTEMPT | EVIDENCE MAY INCLUDE: |
Recruitment websites including technology based global employment platforms (for example LinkedIn Jobs) |
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Business’ own website (established business stream of GTS only) |
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Executive Search firms (headhunting) |
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Networking or referrals, where this results in the identification of globally recognised talent from overseas. |
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Find more EMPLOYER NOMINATION visa options.