The Global Talent Visa (GTV) on the other hand has gained popularity as it was an attractive option for several skilled and talented individuals because it was designed to be a streamlined pathway to permanent residency for those who are considered as high-calibre, outstanding global talents.
So how would you know whether the Global Talent Visa or another skilled visa is suitable for you? Below are some of the considerations
Since its introduction, the Global Talent Visa proved to be one of the most popular visas for highly skilled individuals wanting to come to Australia. When it was first introduced, the Australian Government allocated 5,000 places for the program, for this financial year (2021-2022), there are now 15,000 places under this program and will be reducing to approx 8,500 in 2022-23 program year.
It even became more popular when Australia imposed the border and travel restrictions because the Global Talent visa holders were not subject to the inbound travel restrictions because it is a permanent resident visa.
Because of its popularity, the Expression of Interest (EOI) process to get an invitation to apply for the Global Talent Visa is very competitive (read full blog about the current application numbers here) and the processing time could be longer than expected. The current processing time for Global Talent Visa post EOI lodgment could be 6-12 months depending on how exceptionally talented the applicants are.
However, the Department of Home Affairs in its September 2021 Skilled visa newsletters noted that they received many EOIs that are not within the scope of the program. The number of EOIs received would necessarily increase the Department’s workload and therefore delay the processing.
Considering the competitiveness of the global talent visa program, what do you need to do to make your EOI stand out and/or to increase your chances of getting an invitation?
In General, visa applicants are required to meet the following 4 core requirements to be able to apply for a Global Talent visa: Target sectors, Salary above the income threshold, internationally recognized for outstanding achievement and qualified Australian nominator
If you are still unsure about your eligibility, please take our free GTV assessment here!
Overview of the current Global Talent Visa program
The Global Talent visa is aimed to target high achievers in the following 10 target or priority sectors:
Resources
Agri-food and AgTech
Energy
Health Industries
Defence, Advanced Manufacturing and Space
Circular Economy
DigiTech
Infrastructure and Tourism
Financial Services and FinTech and
Education
However, some sectors are more popular than others.
According to the figures released by the Department of Home Affairs, around this time last year, there were 920 Expressions of Interest (EOIs) submitted to the Department in February 2021. The sectors with the most number of EOIs submitted are: