2020-21 financial year
GTI Global Talent program
In last week’s official Department of Home Affairs report on 2020-21 financial year PR grants,the GTI Global Talent program, with a quota of 15,000 PR places, issued only 9,584 — leaving more than 5,000 places unused.In fact, this outcome was expected. Although the 2020-21 quota tripled, processing support didn’t keep pace,leaving a large number of applications stuck waiting for invitation codes.
The probability of missing out on an invitation for the whole financial year has already risen from 41.6% to 57.2%, and over the past six months it reached as high as 64.8%. Factoring in that even after being invited there is still a chance of visa refusal,the average success rate for GTI, from EOI submission through to visa grant, is only about one in three.
From a fast, hugely popular pathway to PR at launch, to a rapidly growing backlog of applications in the middle stage, to something exceedingly rare today.
As one of the first to handle GTI applications,MARA-registered migration agent and head of Newstars’ Beijing branch, Simon WU,recently spoke to SBS Chinese about the current state of the GTI (Global Talent Independent) visa program.
The following is sourced from SBS Chinese
Getting harder and harder
In October 2020, the Department of Home Affairs increased the planned GTI visa places for the new financial year to 15,000 — a full threefold increase on the previous year’s 5,000.
But Simon Wu doesn’t believe this means it’s now easier for applicants to secure a GTI visa.“Tripling the places doesn’t mean they’ll all be used, and it doesn’t mean the requirements for applicants will be lowered,” he said. From an applicant’s perspective, he believes the requirements for GTI visa applications have actually become tougher. The same applicant who applied in early 2020 would very likely have succeeded, but the outcome today is far less certain.
One of these requirements is academic qualifications,and although qualifications aren’t the sole criterion for a GTI visa, he stressed that an applicant’s academic background matters more and more: “If you’re still applying on the strength of just a bachelor’s degree, your chances of being invited are lower.”
The wait for an invitation keeps getting longer
Simon WU says that as more people become aware of this visa, more high-calibre applicants have joined the pool.
According to Department of Home Affairs data, before April 2020 the department received fewer than 50 GTI visa EOIs a month from mainland Chinese applicants. Numbers rose to nearly 90 in May 2020, then surged to 210 in June.Since then, monthly application numbers have held steady at around 100.By comparison, the number of EOIs approved each month remained largely below 50 right up until February 2021.
According to Department of Home Affairs data,in the 2020-21 financial year, the average processing time for mainland Chinese applicants’ EOIs was 169 days — 50.9% slower than the 112 days recorded in 2019-20.
Visa processing speed after receiving an invitation also slowed, rising from an average of 40 days in 2019-20 to 54 days — an increase of 35%.
Full article link:https://www.sbs.com.au/chinese/mandarin/zh-hans/chinese-gti-visa-application-getting-slower
Simon WU believes that, based on processing and invitation trends over this period,the GTI visa is now mainly aimed at two groups of applicants,one being research talent such as PhD holders or postdoctoral researchers, and the other being senior technical executives at companies — the latter being a new trend over the past six months or so.
But the quota is still there, and the opportunity still exists, provided it’s approached with more professional and thorough groundwork.If you’d like to learn more about your chances of applying for GTI now, feel free to get in touch with Simon.
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