The National Innovation visa – A new immigration program

The new National Innovation visa to be launched in late 2024 

The Australian government confirmed in the May 2024 budget that a new National Innovation visa will be launched in late 2024.

The launch date and criteria hasn’t been confirmed.

The National Innovation Visa

National Innovation visa – coming in 2024

Visa to replace the BIIP & Global Talent visa programs

The National Innovation visa will replace the Business Innovation and Investor Provisional (Subclass 188) visa program. As well as the Global Talent (Subclass 858) visa.

The BIIP program will now be officially  closed. Although it has been effectively closed since 1st July 2023, when the states/territories weren’t allocated any 188 visa places.

This follows the closure of the permanent residency Subclass 132 Business Talent (Permanent) visa on 1st July, 2021.

Who is the National Innovation visa for?  

It is expected

What type of visa? 

Unlike the BIIP program, the National Innovation visa is likely to be a permanent residency visa.  It will however, like the Subclass 132 visa,  be monitored to ensure applicants comply with their intentions.

Under the BIIP applicants were initially granted temporary residency,  with a pathway to apply for permanent residency after at least 4 years of business/investment activity.

Why is the visa being introduced? 

The government in recent years has undertaken a review of the Migration Strategy.

The findings of the review included, that the BIIP temporary residency visa holders, especially the Business Innovation Stream,  weren’t providing the economic benefit they should and could have.

Alternately, there is a recognition that applicants who have held, or hold, the Subclass  the Significant Investor Stream do provide economic benefit. A significant investment is an in investment of at least AUD $5m into complying investments.

Are you interested?

It is expected that the visa will be in high demand. Applicants will need to be ready to submit their interest, potentially seek state/territory nomination and then submit an application as soon as they can.

While we all wait for the details of the National Innovation visa to be released, potential applicants can register their interest.

We will discuss your credentials as a entrepreneur, major investor or research history. We will make introductions to professional service providers that can assist in preparing for the application.

Got any questions?

If you want to know more about the visas, and whether you are eligible please Contact Us

Australian visa program update – October 2020

Australia confirms commitment to permanent migration for the 2020 to 2021 financial year

In early October the Australian government announced their federal budget for the 2020-2021 financial year. 

On the back of the budget the DHA (Department of Home Affairs) outlined details for their permanent migration program. The below is an overview of these changes.

Migration program focus 

The government announced, due to the COVID pandemic, that the focus of the migration program for 2020-2021 is “on supporting our economic recovery, growing Australian businesses and creating jobs for Australians”.  

Migration program numbers 

The DHA confirmed the permanent migration program numbers will remain at a cap of 160,000. This includes: 

  • 79,600 places in the Skilled stream 
  • 77,300 places in the Family stream. 
  • 3,100 in the Child and Special Eligibility visas

The government anticipate that two thirds of the visas will be allocated to people in Australia.

The remaining visas will then likely be split between the skill stream (two thirds) and the family Stream (one third). 

Migration program – Skilled visas 

A key target of the skilled visa program will be innovators, investors and job creators. They will be encouraged to apply through the Global Talent, Business Innovation and Investment Program (BIIP) and Employer Sponsored Visas. 

Global Talent Visa – places tripled 

A particular focus will be the Global Talent Independent (GTI) Visa. The program for the new financial year will triple from 5,000 to 15,000 places. The target of this visa will be individuals in industries such as:

  • AgTech
  • Space and Advanced Manufacturing
  • FinTech
  • Energy and Mining Technology
  • MedTech
  • Cyber Security
  • Quantum Information, Advanced Digital, Data Science and ICT
Business Investors – places almost doubled 

The DHA have confirmed that they will double the number of places available for business investors to 13,500 places. The BIIP program will be streamlined and there will be changes to investment and residency requirements, ensuring the program is targeted at Australian venture capitals and emerging small and medium size businesses to support the economic recovery. 

As of publishing this update, we are still awaiting on further details of the changes to be announced. 

GSM Program – skilled migration remains open 

Individuals and their family members can still look to submit an EOI for the GSM program. This includes the Skilled Independent visa  (Subclass 189) and the two State/territory nominated (Subclass 190 & 491) visas . 

Subclass 189 – Skilled Independent visa

At present the DHA have announced that the focus on the Subclass 189 invitations  will be on those occupations listed on the Priority Migration Skilled Occupation List  (PMSOL). 

It is expected that the required points are likely to remain high. However the 11th October invitation details are yet be released.

State/Territory nominated visas – Subclass 190 & Subclass 491 

The opportunity to be nominated for either of the state/territory nominated GSM visas will remain. At the time of writing, the majority of the states/territories have programs in place to allocate nominations to eligible onshore applicants.  

For offshore applicants, we are still waiting on the states to confirm their program. These are likely to be released in the weeks and months leading up to Christmas. For example:

  • South Australia have pushed back the release of their lists from mid-October to November.
  • NSW  have also confirmed that they will announce changes to the management of the Skilled Work Regional Visa (subclass 491) in due course.
  • Queensland have stated that they plan to re-open the program in December 2020.

Migration Program – Family stream

The majority of visas within the Family stream will go to partners, with almost double the places (72.300) compared to the previous financial year. The aim to give more certainty to those wanting to settle in Australia with their partners and plan for their futures. 

Humanitarian Program

The DHA have confirmed their commitment to a Humanitarian Program. A cap of  13,750 places, similar to last year. In numbers, Australia remains the third most generous humanitarian resettlement country in the world.


If you want to discuss how you are effected, your current visa application or your visa options going forward please Contact Us

  • Office: +44  (0)800772 0570
  • Mobile: + 44  (0)7710 649194
  • Email:

Australian business, investor & venture capital visa assessment

Australian business owner, investment and venture capital visas

Are you a business owner, high net wealth individual or looking for Australian Venture capital ? Are you considering a move to Australia? Or just looking for Australian VC?

If you are then assess yourself – using the guide below – and let us know if you consider you may be eligible!

Australia – business owners, investment & VC visas

If you want to discuss how both Cargil Migration and our partners can assist you then please Contact Us.

Business skills

Victoria – Business Migration program reopens

Victorian government announcement – 19th February, 2019

After closing down their business migration program in January, Victoria have announced that they will reopen their business migration program as of Tuesday 19th February, 2019.

” Business Innovation & Investment Program Update

Your interest in Victoria’s Business Innovation and Investment Program is highly valued and we thank you for your patience while select visa nomination applications have been on pause.

We are pleased to advise that Victoria will begin issuing invitations and assessing nomination applications for affected business and investor visas subclasses from
18 February 2019.

Please note that an Expression of Interest (EOI) process will be introduced for the following visas:

  • 188 – Business Innovation Stream
  • 188 – Investor Stream
  • 188 – Entrepreneur Stream
  • 132 – Business Talent (Permanent) visa – Significant Business History stream
  • 132 – Business Talent (Permanent) visa – Venture Capital Entrepreneur stream

Applicants will now need to submit an EOI for the relevant visa subclass in the Department of Home Affairs’ SkillSelect and indicate their interest for Victorian nomination.

Applicants do not need to notify Victoria’s Skilled & Business Migration Program that they have submitted an EOI.

Please note that EOIs submitted before 18 February 2019 in the SkillSelect system will not be considered. You will need to resubmit to be considered for Victorian nomination.”

If you have lodged, or are considering lodging a business nomination application for Victoria please Contact Us to discuss this further.


Doing Business in Australia – Barry Corr CEO @IrishChamber

Doing business in Australia

Doing business in Australia

Doing business in Australia – An interview with Barry Corr the CEO of the Irish Australian Chamber of Commerce (IACC)

The decision to immigrate to Australia is a big decision for everyone. For those contemplating it one of the first things they do is seek advice from people who have already been there and done it – be they family, friends, colleagues and some cases competitors – about the process and the personal challenges that may await them.

This is particularly so for people who migrate under the Business Innovation and Investment Visa Program. The onus on people migrating on the back of their Business Skills is to use their experience and money to get involved in investment or establishing a business in Australia.

In the case of Barry Corr, a previous client of mine, he is suitably qualified to provide this advice.

Not only has Barry been there and done it himself as a business migrant but in his current role as the CEO of the Irish Australian Chamber of Commerce (IACC) in Melbourne he now helps Irish businesses set up and operate in Australia and connect the Irish Australian business community.

On this basis I asked Barry if he could share his story with me. Barry agreed and shared some information about his personal and business experiences and achievements, his role with the IACC, business opportunities in Australia and his Top 5 Tips for business owners or companies considering establishing themselves in Australia.


As someone who migrated to Australia with their young family under the Business Skills program in 2007 can you explain what drove you to make that decision to move on from the UK? Was it business or personal? Or something else?  

Our son, Charlie, was born in 2006 and after that our lives really changed. Having started a business in 2003 and working every hour available to build it, all of a sudden priorities changed for me and my wife who had previously worked in an international clinical trials role. We had always had a thought in the back of our minds to go somewhere new and experience new things. Our friends from Australia did a great PR job and convinced us that was where we should go. In 2007, the opportunity came up to sell out of the business in Edinburgh and move to Melbourne so we took it and haven’t looked back since.

The business that you owned in the UK was in recruiting and HR services, and you have done the same thing in Australia with Luminant Talent Consulting and Finance Pro. Was it always your intention to enter the same industry? Or did you consider alternatives?  

I guess that initially I felt there was enough change pending with the move that I should stick to what I knew best work-wise and while I control both companies, is where I spent most of my operational time as that’s where the types of projects I preferred to work in tended to be. More recently I’ve stepped away from that as I’ve increased my involvement in the Irish Australian Chamber of Commerce to become their first full-time CEO with national scope and that’s been really enjoyable.

How have your Australian businesses gone and what have been the biggest challenges so far for them?

I kicked things off with a recruitment focus having had many successful years operating in the senior marketplace but a year into our journey the GFC hit and everything changed, even in Australia, which was one of the most resilient economies. The business plan was reviewed and Luminant spun out in its own right as a boutique consultancy and advisory firm. That’s where most growth has come in recent years as recruitment becomes more commoditised. Having set my stall out with a quality above all mantra, I’ve no real passion to chase low margin recruitment business and with the quality of work that was coming through Luminant before taking on the Chamber role, I was fortunate to be able to be more selective around doing any search work.

Since September 2010 you have been involved in the Irish Australia Chamber of Commerce (IACC) as the CEO. How did this come about and what is a quick overview of your duties and goals there?

When I arrived in Australia I struggled to find any Irish business groups of note and the Chamber at that time was at a bit of a low ebb. As a disillusioned member, I thought I would drift away as things declined but a superbly executed “ambush” over lunch with a close friend and mentor, Paul Moynes, himself a past President, saw me convinced to take up a half day a week executive role under new President Brian Shanahan OAM.

Things began to improve under a revitalised and talented board, some of whom I will admit to “volunteering” into service for the greater good, and in the four years since the Chamber has returned to its position of leadership and support within the Irish Australian business community.

In recent months my role has expanded under our current President Rob Clifford and one of those original “volunteers” Fergal Coleman, who is now our VP. They and the board have solid plans to expand our offering and reach with the recent announcement of the inaugural Irish Australian Business Awards and the further expansion of our Business Mentoring Program .

As someone who speaks to businesses from Ireland considering setting up in Australia what industries do you see as offering the most opportunities for overseas businesses at the moment?

While the construction phase of many of the larger mining projects in WA is at an end, LNG is presenting many opportunities. On the east coast a multi-billion dollar program of infrastructure investment will create massive opportunity for engineers, advisors and project managers among others.

 From the IACC perspective what will be your focus for 2015?

We will host over 1,000 for a St Patrick’s Lunch in March in Melbourne which will take a little bit of work! Apart from that, the Awards and Mentoring are likely to provide the bulk of non-event work before we host a trade delegation in May and further delegations later in the year.

Given these dual roles, as a business owner and at the IACC, what would be your TOP 5 TIPS tips for migrating as a business owner or setting up an office in Australia?


  1. Do your homework before you arrive.
  2. Join the Chamber or an equivalent organisation – it’s a small investment that can save you lots of time and wasted cash!
  3. Appoint the best advisors you can as quickly as you can.
  4. Think outside the box for office space. There are lots of flexible solutions, shared workspaces and virtual assistance to be availed of. If you’re going to be spending a lot of time outside the office, do you need so much space? It’s an overhead that may not be necessary. In Melbourne in particular, when I was doing my own consultancy work, I’d say half my client meetings took place over a coffee, about 40% at client sites and only 10% at my building. On that basis, access to meeting rooms on a pay per use basis may be smarter than running your own to sit dormant.
  5. There’s some great talent here, don’t be afraid to hire good people and reward them well.


On a final note I have a few more personal questions for you. Starting with what do you miss most about your life in the UK and Ireland? And how do manage this?

It’s hard to be so far away from grandparents when you’ve got the only grandchild in the family! However, they love to come over for Xmas as the kids are off school for a long time, the weather is brilliant, the grandparents miss the worst of their winter and it gives us some time to slip away for a mum and dad holiday!

And what do you and your family enjoy most about Australia?

The family focus, outdoor lifestyle and limitless opportunities.

Finally, what has been your proudest achievement since your move to Australia?

Getting our Permanent Residency in 2014 was a great result after a long and difficult process. It gives us certainty as a family to invest in our future in Australia