Is the National Innovation Visa Your Pathway to Australia? Find Out About the Latest Changes!

Get the latest updates on Australia's National Innovation Visa, 190/491 visas, and the future four-year state migration program, including processing timelines.

Oct 24, 2024 - 15:15
Oct 24, 2024 - 15:40
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Is the National Innovation Visa Your Pathway to Australia? Find Out About the Latest Changes!

This update outlines key changes and developments in Australia's migration programs, with a focus on upcoming visa options and future planning for migration processes. The information below is structured for clarity and provides insight into expected timelines and program changes.

National Innovation Visa

The National Innovation Visa will be a highly selective program aimed at attracting top-tier talent. This initiative is designed to enhance Australia's productivity by welcoming skilled migrants in cutting-edge fields such as advanced robotics, quantum computing, and clean energy technologies.

State Nominations for 190/491 Visas

Due to the current nomination levels, the demand for 190 and 491 visas is expected to surpass the available quota throughout the 2024-25 period. As a result, applicants should anticipate longer processing times.

  • Expected Delays: Processing times are projected to increase in 2024-25, with some applications potentially taking up to 18 months for approval.
  • Extended Timelines: These longer wait times are also likely to continue into 2025-26.

Future State Migration Program

Looking ahead, from 2025-26, the planning framework for Australia’s permanent migration program will shift from a one-year outlook to a four-year cycle.

  • New Planning Structure: The Government will set the migration targets for year one, along with provisional figures for the following three years.
  • Flexible Program Range: A 'range' system will be introduced, providing upper and lower bounds within which migration numbers can adjust over the four-year cycle, ensuring adaptability to changing national needs. This approach will apply consistently across all visa categories.

This update reflects the Government's commitment to refining migration policies to meet future economic and technological demands.

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Gurmeet Sharma Gurmeet Sharma is the Chief operating officer of Brain Drain Consultants Pvt. Ltd | He is leading the Immigration news portals for imminews.com.au and imminews.ca.