Published on : November 19, 2020
Key Highlights:
This is an opening for Australia. The United States has turned its back on skilled migrants.
The outgoing Trump administration recently presided over the US immigration policy changes. They came out with one of the most dramatic tightenings since the 1930s.
Traditionally, the United States has been the favoured destination for skilled migrants across the world. Almost half of the skilled migrants coming from OECD countries, and about one-third globally preferred the US.
The declining fertility is a concern for the United States government. Even before the onset of the COVID pandemic, the population fell to its lowest rate in the last 100 years.
Australia is a close substitute country of choice for prospective skilled migrants. It ranks fourth below the US, Canada, and Germany as a favoured destination.
Actions taken by the Trump administration provide an opportunity to Australia to capture global talent, which otherwise would have gone to the US. This is an increasingly restrictive approach that would eventually benefit Australia.
