Australia New National Innovation PR Visa 2024 | Australia Visa Update

The introduction of a new Innovation Visa by the Australian government is a big step in raising the caliber of Australia’s skilled migrant population. This Australian visa is meant to attract highly trained individuals and will replace the controversial investor migrant program, which has come under fire for providing little economic benefits. The challenges faced in the wake of the pandemic are being addressed by redesigning Australia's immigration system. The Australian government plans to replace the current Australia Global Talent visa program with the new National Innovation Visa, in accordance with announcements about Australia immigration. Many businesses, including tourism, can profit from this program as talented individuals bring their knowledge and creativity to Australia.

This talent inflow might specifically benefit the travel sector by advancing travel technologies and providing better services. The new Australia National Innovation visa, which will commence in late 2024, will cover researchers, large investors, and high-achieving businesses in 3 streams, with the goal of giving most migrants a permanent Australia visa pathway. The Business Innovation and Investment visa was a 2-stage process, however, the new Australia visa is very different. It would probably need a more thorough evaluation of the applicant and their capacity to contribute to Australia than the prior Australia visa because it is a direct pathway to Australia permanent residence.

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Video Content:
00:00 Start
01:57 Prospective Global Talent Visa Applicants
03:01 Existing Business and Investor Applicants
04:09 Refund of Visa Application Fees

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