Innovation statement: technology entrepreneurs to flow in with new visas

More foreign technology entrepreneurs will be allowed to stay in Australia under changes that come into effect next November.
Prime Minister Malcolm Turnbull’s Innovation Statement laid out a plan to allow international businesspeople to apply for new temporary entrepreneurs visas. The visas will depend on how innovative their start-up idea is, how much growth potential it has and their level of financial backing from a third party.
International post-graduate technology and science graduates will be fast-tracked to permanent residency by gaining more points towards gaining skilled independent visas, making their application more likely to be successful – a measure to come into effect from December next year.
source: http://www.mia.org.au/newsletters/id/1513/idString/koywhd4426



