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Australia Australia National Innovation Visa — Residency Program

🏠 OVERVIEW

Program Australia National Innovation Visa
Local Name Subclass 858
Type Economic
Status Active

Permanent residency visa for exceptionally talented individuals in priority sectors, requiring nomination and AUD 183,100+ earning capacity.

📋 ELIGIBILITY

Criminal Record Check Required
Health Check Required
Endorsement Required Committee
Health Insurance Not required

💼 WORK RIGHTS

Employment Allowed
Self-Employment Allowed
Own Business Allowed
Work Permit Included Yes

👨‍👩‍👧 FAMILY & DEPENDENTS

Dependents Allowed Yes
Spouse Included Yes
Max Child Age 23
Parents Allowed No

💰 TAX DETAILS

Tax Regime Worldwide
Regime Name Australia progressive tax (0-45%)
Foreign Income Taxed Yes
Capital Gains Taxed Yes

🏆 PATH FORWARD

Permanent Residency Yes
Dual Citizenship Allowed
Citizenship Yes
Years to Citizenship 4 years
Language Required B1

🌍 BENEFITS & MOBILITY

Bank Account Can open
Property Purchase Allowed
Public Healthcare Access granted

📝 HOW TO APPLY

Method online
Processing Time 30–180 days
Apply from Abroad Yes

📝 NOTES

Replaced Global Talent Visa (Dec 2024). Invitation-only via EOI. Must be nominated by Australian individual/entity with national reputation. Priority sectors: AI, Biotech, Renewable Energy. Under 18 or over 55 must demonstrate "exceptional benefit". Grants permanent residency directly.

📋 ALSO IN AUSTRALIA

Australia also offers a digital nomad visa for remote workers:

Source