National Innovation Visa Updates

From 6 December 2024, the National Innovation visa will replace the Global Talent visa under Subclass 858.

 

We have noted that MIA provided a summary of changes to relevant Legislative Instruments, Explanatory Statements and Gazettes.

 

We will be able to advise our clients on their eligibility for the new National Innovation Visa with these legislative instruments.

 

National Innovation visa (NIV) regulations 

The Migration Amendment (National Innovation Visa) Regulations 2024  amend the Migration Regulations 1994 to:

  • Rename the Global Talent (Class BX) visa to the National Innovation (Class BX) visa and amend all references throughout the Migrations regulations.
  • Add the requirement under Schedule 1 and Schedule 2 that visa applicants be invited, in writing, by the Minister to apply for the National Innovation visa and to apply for the visa within the period stated in the invitation.
  • Add the requirement under Schedule 2 that an applicant’s internationally recognised record of exceptional and outstanding achievement be the same as stated in the invitation at the time of application.
  • Repeal the definition of ‘Prime Minister’s Special Envoy for Global Business and Talent Attraction’ from regulation 1.03 as this will not apply to National Innovation (Sc 858 ) visa applications. The Schedule 1 requirement to seek endorsement by the Prime Minister’s Special Envoy for Global business Talent Attraction as being likely to make a significant contribution to the Australian economy if granted a Global Talent visa has been repealed and won’t apply to the National Innovation visa.

The remainder of the requirements that applied to the Global Talent visa continue to apply to the National Innovation visa as the instrument just makes technical amendments to change the name.

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