Published on March 22nd, 2012 | by john.weir2
Sydney looking for more migrants from the UK.
New South Wales is ramping up its efforts to bring in skilled migrants from countries like the UK to boost the state’s economy.
The government hopes to attract thousands of ”high-value” migrants and students to NSW as part of a strategy to boost economic development.Â A focus on filling skills gaps, streamlined visa processing, and broader options for overseas investors are among plans outlined in the new NSW Strategy for Business Migration & Attracting International Students.
“High value migration has a critical role to play in improving the State’s productive capabilities, and migrants can provide many of the skills required to underpin actions we are taking to rebuild the NSW economy both in Sydney and throughout regional NSW,â€Deputy Premier and Minister for Trade and Investment AndrewÂ Stoner said.
“NSW is already the preferred Australian destination for the majority of long stay business migrants, skilled migrants and international students, but there’s more we must do to realise the full economic and cultural benefits of migrant attraction.Investor migration is also an increasingly important area of focus for NSW but has only been used to attract relatively few migrants to the State in the past.”
Mr Stoner said the strategy, through seven priority actions, aims to change the migration environment in NSW to better align with the NSW Government’s economic priorities by:
â€¢ Increasing the NSW share of State Government sponsored skilled migrants;
â€¢ Increasing the NSW share of Business Skills Migration;
â€¢ Working with regional communities to ensure skills gaps are identified in a timely fashion to inform operation of the State sponsored skilled migration program;
â€¢ Simplifying current requirements for investor migration to NSW and working with the Commonwealth to reduce temporary residency requirements and to streamline the four to eight year permanent residency roll over mechanisms;
â€¢ Broadening the range of investment options recognised by the Commonwealth to make NSW a more attractive investor migration destination and fund infrastructure in NSW;
â€¢ Working with the Commonwealth to explore options for a new investor visa; and
â€¢ Extending streamlined visa processing and post study work rights for a broader pool of overseas students based in NSW.
“Overseas migrants, foreign students and visitors to NSW help establish international relationships which support our cultural and economic links,â€ Mr Stoner said.”Business migrants, in particular, bring with them experience, international connections, entrepreneurial skills and capital to establish new businesses and strengthen the economic vitality and diversity of the State.Â The State’s economy, and that of Australia as a whole, can benefit from greater focus on attracting a higher proportion of sponsored business migrants to NSW.
â€œWe will now work with the Commonwealth, other States and Territories and stakeholders to achieve our Priority Actions, which will see migration play an increased role in supporting whole of state development, thus boosting economic activity and industry productivity.â€
The NSW government will press the federal government for a greater share of state-government sponsored visas to raise its share from 11 per cent this year – 2640 people – to as high as 30 per cent.Â This would increase the annual intake of skilled migrants in NSW from 1750 in 2010-11 to 7200.
The chief executive of the NSW Business Chamber, Stephen Cartwright, yesterday said he supported the government’s push for more skilled migrants to boost the economy.
”NSW needs to become more active in making clear that the state welcomes skilled migrants, investor migrants and visitors undertaking international education,” he said.
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