Navigating Australia’s Work and Business-Related Visas

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As of December 7, 2024, the Australian Government has introduced significant updates to its visa framework, impacting work and business-related pathways. Among the most notable changes is the introduction of the New Investor Visa (NIV), which replaces the Business Innovation and Investment Visa (subclass 188) and the Global Talent Independent (GTI) program. This consolidated approach streamlines investment-focused migration, fostering opportunities for high-caliber entrepreneurs and investors to contribute to Australia’s economy.

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Key Work-Related Visas

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New Investor Visa (subclass 858): As a successor to subclass 188 and the GTI visa, the NIV offers streamlined pathways for entrepreneurs and investors committed to significant economic contributions. With revised eligibility criteria and investment thresholds, this visa targets individuals with innovative business proposals and substantial investment capabilities. This is a permanent resident visa.

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​Skills in Demand Visa (subclass 482): Formerly known as the Temporary Skill Shortage (TSS) visa, this program addresses critical skill shortages by allowing businesses to sponsor skilled employees for high-demand roles. The visa categories now focus on aligning sponsorships with updated skills lists. It also provides a pathway to permanent residency.

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Temporary Activity Visa (subclass 408): This versatile visa supports a range of activities, including special programs, research, and event participation. Employers can utilise it for short-term workforce needs under unique circumstances.

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Temporary Work (Short Stay Specialist) Visa (subclass 400): A vital option for highly specialised professionals undertaking short-term, non-ongoing work. This visa remains an excellent choice for industries requiring niche expertise on a temporary basis.

 

Other Key Work Visas: While general skilled migration visas, such as the Skilled Independent Visa (subclass 189) and the Skilled Nominated Visa (subclass 190), continue to support Australian long-term migration goals, these visas are relatively competitive as they are point-based. The recent updates introduce more focused pathways for individuals seeking opportunities in specific occupations.

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Australia’s migration laws are frequently updated, and it is important to stay informed about the latest changes. If you require further information, please feel free to contact us.

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