National Innovation visa (subclass 858) visa

Highly skilled professionals across the world choose Australia as their destination to build a career. It’s their ambition to work in Australia, a country that recognizes skilled and talented people and welcomes them. The country is confident that these foreigners are most productive and resourceful. Australia bets on its contribution to developing the country’s economy. Hence, Australia has created the National Innovation visa (subclass 858) visa under the National Innovation visa  program.

An Overview of the National Innovation visa (subclass 858) visa

The National Innovation visa (subclass 858) visa pathway is a streamlined one meant to attract highly skilled foreign professionals to work and reside in Australia.

The brightest and best talent is in high demand in Australia as they are sought after to work in 10 industrial sectors that are future-focused. The National Innovation visa (subclass 858) visa program was designed to support the economy by bringing innovative skills to industries that are high-priority in the country.The National Innovation visa (subclass 858) visa will create opportunities for Australians too. This will happen through:

• The transfer of skills
• Promotion of innovation
• Creation of jobs

How to apply for a National Innovation visa (subclass 858) visa?

The Expression of Interest (EOI) can be lodged directly, and if an invitation is received, the applicant can proceed to submit their application via ImmiAccount.. The form and the necessary documents must all be submitted in the English language. The required documents include:

• A valid passport for National Innovation visa (subclass 858) visa
• The details of nomination viz. nominator passport
• Nomination for National Innovation (subclass 858) visa, – Form 1000
• Proof of:
  • Qualifications
  • Income
  • Employment status
  • Internationally recognized record of exceptional and outstanding achievement in the sector

If your submissions are approved, you will receive an invitation to apply for a National Innovation visa (subclass 858) visa . You can apply for this visa via ImmiAccount once you fulfill all criteria including the health and character requirements of yourself and the family members you have added to the application form.

Eligibility criteria for National Innovation visa (subclass 858) visa

If you want to receive an invitation for a National Innovation (subclass 858) visa, you will have to be highly skilled in one of the 10 target industry sectors. You must be able to fetch a salary that meets the high-income threshold.

The aim of the National Innovation (subclass 858) visa is to get exceptionally talented and skilled professionals who are at the cutting edge of innovation within the target sectors. They will help create opportunities in Australia through the promotion of innovation and job creation.

Target sectors for National Innovation visa (subclass 858) visa

The National Innovation Visa (NIV) maintains that subclass 858 targets some categories. The visa has been targeted to the following four main categories:

• Global Researchers

Applicants must demonstrate a high-caliber research background, including notable publications in highly regarded journals, high citation counts, and evidence of awards and recognition that highlights their leadership in their field.

• Entrepreneurs

Successful established or emerging entrepreneurs in fields that the Australian government is targeting with innovative products and services.

• Innovative Investors

Investors with a record of investing in innovative and industry-leading sectors that can contribute to the Australian economy.

• Athletes and Creatives

High-performing, top-tier athletes and creatives that can contribute to Australia’s sporting and creative sectors.

Each category has criteria emphasizing exceptional achievements and potential contributions to Australia’s innovation ecosystem.

Eligibility Criteria to apply for National Innovation visa (subclass 858) visa 

You must meet the following criteria to be eligible for a National Innovation visa (subclass 858) visa:

• You must prove that you have international recognition. You must produce proof of outstanding achievements.
• Applications are now by invitation only. Direct applications cannot be made without receiving an invitation first.
• You must give proof that you would be an asset to Australia, in your area of expertise.
• You must have in Australia a recognized organization or an individual having a national reputation in the same field offer a nomination to you as .
• You must still be prominent in your field of expertise.
• You mustn’t have difficulty getting a job in Australia or in becoming established in your field.

Your record of professional achievement must reflect a high standard. You must also have an exceptional track record in

• Patents
• Senior roles
• Professional awards
• Memberships
• International publications

You must be able to attract a salary that’s at level with the fair work high-income threshold which comes to AUD158,500.

Note: Every year this figure is adjusted on July 1.

While making this assessment, one of the following is taken into account:

• Future job offers outlining remuneration for National Innovation (subclass 858) Visa
• Recent Ph.D. graduate in the target sectors for National Innovation (subclass 858) Visa
• The current salary revealed through a contract/payslip for National Innovation (subclass 858) Visa

About nominators

A nominator is a person/organization who has completed the application form attesting the information about an applicant for a Subclass 858 visa. Your nominator has to possess a national reputation in Australia in the same field as yours. Besides the opinion of the Australian public/industry community about the nominator being a leader, with a record of excellence in their field, they are also required to be one of the following:

• An Australian citizen for National Innovation (subclass 858) visa, 
• An eligible citizen of New Zealand for National Innovation (subclass 858) Visa.
• A permanent resident in Australia for National Innovation (subclass 858) Visa.
• An Australian organization for National Innovation (subclass 858) Visa.

After filing a National Innovation (subclass 858) visa, application, you can’t change your nominator.

How Y-Axis can help you?

Y-Axis, the prominent overseas migration consultant in Australia, helps you with

• Expert guidance in every step
• Free career counseling from professionals
• Course recommendation services for building a bright future

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