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:
- Space and Advanced Manufacturing
- Energy and Mining Technology
- 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.
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.
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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.
The NSW Government have announced that they have reopened applications for business & investor nomination.
And detailed in our BLOG in December NSW had temporarily closed the program.
The full NSW announcement is below.
” Applications for NSW nomination for business and investor visas have reopened.
NSW has reopened applications for nomination under the federal government’s Business Innovation and Investment Program.
Applications for nominations for the following visas have been reopened:
- Business Innovation and Investment (Provisional) visa (subclass 188) – Business Innovation stream
- Business Innovation and Investment (Provisional) visa (subclass 188) – Investor stream
- Business Innovation and Investment (Provisional) visa (subclass 188) – Significant Investor stream
- Business Innovation and Investment (Provisional) visa (subclass 188) – Entrepreneur stream
- Business Talent (Permanent) visa (subclass 132) – Significant Business History stream
- Business Talent (Permanent) visa (subclass 132) – Venture Capital Entrepreneur stream
Entrepreneur applications for the following visas continue to be open and will be assessed:
- Business Innovation and Investment (Provisional) visa (subclass 188) – Business Innovation Extension stream
- Business Innovation and Investment (Provisional) visa (subclass 188) – Significant Investor Extension stream
- Business Innovation and Investment (Permanent) visa (subclass 888) – Business Innovation stream
- Business Innovation and Investment (Permanent) visa (subclass 888) – Investor stream
- Business Innovation and Investment (Permanent) visa (subclass 888) – Significant Investor
- State / Territory Sponsored Business Owner visa (subclass 892)
- State / Territory Sponsored Investor visa (subclass 893) “
If you have any questions about the above please Contact Us.
The WA Government have announced the below.
” Please note, applications for Western Australian State nomination for business and investor provisional visas are closed until further notice.
Western Australia has temporarily closed applications for State nomination for the Business Innovation and Investment provisional visas pending the release of additional places by the Department of Home Affairs. We value your interest in our program and encourage you to check this website regularly for updates. We hope to reopen the program shortly.”
If you have any questions about the above please Contact Us.
The information on this website is intended only to provide a summary and general overview on relevant matters. It is not intended to be comprehensive nor does it constitute immigration or legal advice. You are advised to seek legal or other professional advice before acting or relying on any of the content contained in this website