Registration for our Virtual Global Workforce Symposium is now OPEN!
Don't miss the first-ever virtual, month-long Global Workforce Symposium. Register now!
As the workforce of the future becomes more reliant on technology and data, the need for high-skilled tech talent continues to grow. In the United States alone, technology contributed to 261,000 new jobs in the last year, signaling a more digitized workforce. At the same time, a widening digital skills gap exists, with technology industries falling short an estimated 1.1 million workers by 2020. To become competitive in the global race for digital talent, countries are creating new fast-track tech visas that allow high-skilled foreign tech talent to establish residency.
To become competitive in the global race for digital talent, countries are creating new fast-track tech visas that allow high-skilled foreign tech talent to establish residency.
Australia is the latest country to establish a fast-track tech visa. The visa scheme targets seven “future-focused fields,” including cyber security, fintech and quantum computing under the Global Talent Independent Program (GTIP). Offering permanent residency, the program aims to attract up to 5,000 high-income earners at the top of their tech fields by June 2020. The fast-track nature eases the process for tech talent, who are also actively scouted by Global Talent Officers from the Department of Home Affairs.
Canada is another country tackling the digital skills gap through a fast-track visa, which attracted over 24,000 people over the past two years. Canada allows companies with offices in the country to hire skilled foreign workers in competitive tech industries, fast-tracking their visas within two weeks. Soon after, they’re able to apply for permanent residency, and become citizens within three years.
France recently introduced a visa for tech talent that allows startups to more easily hire foreign talent. The visa stays valid for four years and the foreign tech talent isn’t required to stay with the same company the entirety of their visa, which is renewable. Nearby, tech companies in the U.K. support revisions to the Tier 1 Exceptional Talent visa, which caps at 200 per year, causing low application turnout. They cite the need to remain competitive with places like Silicon Valley, which would be helped by a more competitive tech talent visa.
In a LinkedIn survey of tech workers in the U.S., 57% reported that they have relocated for a job, while 80% of tech workers have considered moving for a new job. Tech talent is growing increasingly willing to relocate, and the new visas attracting such talent presents the best opportunity for them to do so. Mobility stands to play an influential role in managing this tech talent, helping them get to new locations through exciting new visa schemes from countries looking to benefit from their talent.
As many workers remain remote, focusing on safety planning while investing in employees’ learning and mental health w...
What is digital transformation, where is it occurring, and where does mobility fit in? Whether due to a pandemic or f...
Countries are leading the way in returning business travel to a state of normal, with governments and employers aroun...
Benchmark your entire program with real data, filtered to your needs, using our first-of-its-kind, cloud based, interactive benchmarking platform.
Worldwide ERC®’s framework for safe and successful workforce mobility now and post-COVID-19 will help you plan.
Finding the mobility professionals you need all over the world just got easier with our new, user-friendly Directory
Mobility is Worldwide ERC®’s monthly magazine, delivering industry and business news and updates, as well as insights on global talent mobility programs, tips and trends.
The Worldwide ERC community is the largest and most engaged group of mobility experts on the planet.