Global Talent Independent (GTI) Visa - News updates for Applicants from India
Immigration News
The Global Talent Visa Program, also known as the Global Talent Independent Program, is a streamlined visa pathway for highly skilled professionals to work and live permanently in Australia.
Australia is after the brightest and best global talent to work in ten future-focused sectors. The program is designed to help grow our innovation and tech economies. This will create opportunities for Australians by transferring skills, promoting innovation, and creating jobs.
ââGlobal Talent Visa Program Allocation
Australia is also a lifestyle destination, and one of the most prosperous, safe and culturally diverse countries in the world. Australia offers opportunities for innovation, with strong trading links and a business friendly regulatory approach. Through the program, talented individuals will be given permanent residency to make their new lives in Australia.
In 2020-2021, there are 15,000 places available under the program.
âEligibility
To be granted a visa under the Global Talent Visa Program, a candidate will be highly skilled in one of the 10 target sectors. They will also be able to attract a salary that meets the high income threshold.
Target sectors
- Resources
- Agri-food and AgTech
- Energy
- Health Industries
- Defence, Advanced Manufacturing and Space
- Circular Economy
- DigiTech
- Infrastructure and Tourism
- Financial Services and FinTech
- Education
Talentâ
To be eligible to apply for the Global Talent Visa Program under the Global Talent visa, individuals must:â
- prove they are internationally recognised with evidence of outstanding achievements
- still be prominent in their field of expertise
- provide evidence that they would be an asset to Australia, in their area of expertise
- have no difficulty obtaining employment in Australia or becoming established in their field
- have a recognised organisation or individual in Australia nominate them as global talent, in the same field as the applicant
Candidates must meet a high standard and show an exceptional track record of professional achievement. This may include senior roles, patents, professional awards and international publications and memberships.
Places are also available to PhD graduates, and certain PhD students who are nearing completion of their thesis and can demonstrate their exceptional talent and international recognition in a target sector.
High income threshold
Candidates should have the ability to attract a salary at or above the Fair Work high income threshold of AUD153,600. This figure is adjusted annually on 1 July.
In assessing this, factors include
- current salary shown through payslips or a contract, or
- future job offers outlining remuneration, or
- recent PhD graduates in the target sectors
How to determine High income threshold?
The high income threshold is currently $158,500.
This figure is adjusted annually on 1 July.
For a dismissal which took effect on or before 30 June 2021 the high income threshold was $153,600.
What are earnings?
See Fair Work Act s.332
Earnings include:
- wages
- such other amounts (if any) worked out in accordance with the Regulations
- amounts dealt with on the employee’s behalf or as the employee directs, and
- the agreed money value of non-monetary benefits.
Non-monetary benefits are benefits other than an entitlement to a payment of money:
- to which the employee is entitled in return for working, and
- for which a reasonable money value has been agreed by the employee and the employer.
Earnings do not include:
payments the amount of which cannot be determined in advance such as:
- commissions
- incentive-based payments and bonuses, or
- overtime (except guaranteed overtime);
- reimbursements (such as per diem payments), and
- compulsory contributions to a superannuation fund (superannuation guarantee).
Per diem means 'by the day' – a sum of money paid to an employee every day, such as a meal allowance or accommodation allowance.
Superannuation
Compulsory superannuation contributions are not included in the calculation of an employee’s earnings.
Any superannuation paid in excess of compulsory contributions may be included in the calculations of the employee’s earnings.
GTI News Updates
Indian migrant gets fast-track permanent residency through Australia's Global Talent visa program
SBS recently reported that more than 400 applicants from India applied for permanent residency between July 2019 to October 2020 under the Global Talent Independent scheme which is fast becoming a popular visa pathway for skilled migrants seeking to live and work in Australia permanently.
Need help with getting Australian Visas?
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Email:service@noborders-group.com
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We will help you by exploring visa options and securing application. As part of our services, we will assess the eligibility of the application for a partner visa and help you to get out of the abusive relationship and provide you with detailed advice on your chances of success. If you would like to discuss your visa options and evaluate the pathway to permanent residency, please make an enquiry or book a consultation to get expert advice with one of our knowledgeable and experienced Migration Lawyers on 07 3876 4000 or email: service@noborders-group.com.
