National Innovation Visa (Subclass 858) Launched – December 6, 2024

 

  • Replaces the Global Talent Visa, continuing focus on globally recognised leaders in innovation-driven sectors.
  • Permanent residency for individuals with exceptional and outstanding achievements.
  • Introduces a tiered priority system under Ministerial Direction 112:
    o Tier 1: International award recipients (e.g., Nobel, Olympic gold)
    o Tier 2: Nomination by expert government agencies
    o Tier 3 & 4: Exceptional achievements in critical sectors (Tech, Health, AgTech, Defence, Education)

 

National Innovation Visa Process

 

  1. Secure Form 1000 nomination.
  2. Compile certified documents (English proficiency, awards, contracts, ID).
  3. Submit Expression of Interest (EOI).
  4. If invited, apply for the 858 visa within 60 days.
  5. Complete biometrics and health checks.
  6. Await visa outcome.

 

Nomination Criteria

 

  • Nominator must be an Australian citizen, permanent resident, or organization with a national reputation in the applicant’s field.

 

Key Changes from Global Talent Visa

 

  • Introduction of EOI stage for pre-screening.
  • More objective evaluation criteria.
  • Streamlined processing for high-calibre applicants.

 

Australia–UAE Comprehensive Economic Partnership Agreement (CEPA)

 

Signed on 6 November 2024, CEPA strengthens bilateral trade and investment between Australia and the UAE.

 

Key Benefits

  • Tariff elimination on 99% of Australian exports (agriculture, industry).
  • Market access in 120+ service sectors (finance, education, professional services).
  • Digital trade facilitation (e-documents, e-signatures, e-payments).
  • Sustainable agriculture chapter—first of its kind in an Australian trade deal.
  • Government procurement access for Australian suppliers.
  • Support for SMEs, IP protection, and anti-corruption measures.

 

Rehman Sheriff Group Credentials

 

  • Proven success in Global Talent and NIV programs.
  • Active in UAE-Australia investment and migration initiatives.
  • Member of key organisations: Migration Institute of Australia, Investment Migration Council, Australia Arab Chamber of Commerce.