7 Oct 2020 Australian Migration Update – Federal Visa Buget FY2020-21
Migration Update for skilled visa and family visas
Australian Migration Update – Federal Budget 2020-21
Information related to the Department of Home Affairs and the migration program has been announced in the 2020-21 Federal Budget on 6 Oct 2020.
Permanent migration – Visa 189
New Zealand Pathway to permanent residency –
We have seen the change from 4 years of income to 3 years:
The income eligibility requirement for the New Zealand stream of the Skilled Independent (subclass 189) visa.
Applicants should have a taxable income at or above the Temporary Skilled Migrant Income Threshold.
Applicants should have at least three of the last five income years, including the most recent year.
Business, Investment, and Innovation Program – Business Visa 188
We can see the places in this program will be increased to 13,500
Also, visa application charges will also be increased by an additional 11.3% (above regular CPI indexation) on 1 July 2021.
The Government will introduce changes to improve the quality of investments and applicants.
Global Talent Independent program – Visa 124 & Visa 858
Places in the GTI program will be tripled to 15,000 from last year 5000.
Global Business and Talent Attraction Taskforce
A new whole-of-government Global Business and Talent Attraction Taskforce will be established to attract international businesses and exceptional talent to Australia, to support the post- COVID recovery, and boost local jobs.
On 9 July 2020 to attract export-orientated Hong Kong-based businesses to Australia was announced by the Prime Minister.
Family stream program – Partner visas
Note: English Language requirements will be introduced for the partner visa both applicant and the sponsor.
We can see most places allocated on partner visas 72,300 of the 77,300 places in the family stream will be allocated to partner applicants.
Adult Migrant English Program
Further reforms as per the Acting Minister’s announcement of 28 August that the 510-hour cap on class hours and time limits on the free English language
Visa refunds and waivers
Prospective marriage visa 300 holders will be able to access a VAC refund, If PMV holders and moving to cancel the visas of those offshore)
Temporary skilled workers and visitor visa holders 600 will be eligible to have the VAC for a subsequent visa application waived, to allow them to return toAustralia once travel restrictions are lifted.
Working holidaymakers will be eligible to have the VAC for a subsequent visa application waived, to allow them to return to Australia once travel restrictions are lifted. Or otherwise, be able to access a VAC refund
VAC refunds and waivers will be available to current visa holders who are unable to travel until the border reopens.