Like France and its French Tech Visa, Australia goes on the hunt for talent with a visa dedicated to start-ups
On 1 July 2018, the Australian Federal Government opened a talent recruitment program with a new visa designed to meet the needs of start-ups in human resources. With a policy favorable to the development of start-ups, Australia intends to consolidate the growth of the ecosystem.
This plan is part of a policy that is particularly favorable to start-ups. They already benefit from significant tax credits and many actions in their favor. And Australian regional governments are already multiplying business accelerators for start-ups. Approaches that seem to pay, since Australia has an important network of start-ups in sectors such as AgriTech, FoodTech or FinTech and already has a nice success story on its counter.
With this new program, the goal today is clear for the country: to fill the skills gap and attract new highly skilled workers to Australia. “The Global Talent Scheme is designed to help our businesses access the best international talent,” said Alan Tudge, Minister of Citizenship and Multi-Cultural Affairs, adding to existing visas to get the job done. on niche skills that can not be covered under other visa programs “.
Concretely, start-ups will be able to access 5 priority visas per year. The skills required for future visa holders do not necessarily have to appear on the list of professions already established by the government and which allows access to other visas currently in place. The company must also prove that it first sought to hire an Australian. Once awarded, the visa will have a duration of 4 years and will be a bridge to the resident status for its holder. But, first and foremost, the company will have to be recognized as a start-up to access these visas.
The Ministry of Internal Affairs is setting up a panel of experts from the technology industry to verify whether the company is a start-up. According to preliminary information, these startups will have to operate in the technology sector and have raised at least A $ 50,000 from a recognized investment fund. First visas should be issued quickly since the government intends to process applications within 17 to 30 days.
This visa was highly anticipated by industry experts. StartupAUS, a business support group in the sector, said it was particularly relieved by the news. “Talent is the single biggest factor slowing startups in Australia,” said Alex Gruszka, CEO of StartupAUS, “this plan does not represent a huge number of visas, but these five annual visas should play a critical role, he said, “If you can hire the right person, you are unlocking a growth factor in your business.” The program called “Global Talent Scheme” also allows larger companies to bring new talent, under other conditions. On trial for one year, these visas should be renewed in 2019.
An initiative that is similar to the French Tech Visa launched in June 2017 and the French government’s initiatives to attract skills. The war of talents between companies was already intense, this time, it intensifies between the countries.