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How is the Increase in Temporary Skilled Migration Income Threshold Going to Impact You?

How is the Increase in Temporary Skilled Migration Income Threshold Going to Impact You?

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When one chooses to move abroad, it is often done on the basis of holding a visa – but once you have obtained the visa, it does not mean that you will not be impacted by any of the rule changes. Most of the time, any changes made in the legislation or the migration policy of the country will also have a lasting impact on the current holders. It is often specified, but immigration lawyers in Brisbane often ask any visa holder to keep an eye on any changes whatsoever.

On May 28, 2024, the Department of Home Affairs announced that they would be increasing the minimum income threshold for anyone who wishes to stay and work in the country while holding a Temporary Skilled Migration visa. From the previously established $70,000, the income threshold has been increased to $73,150 for any appointments and visa nominations made on or after July 01, 2024. 

Although this does not directly impact the current visa holders, it can be a point worth keeping in mind when one has to reapply or renew their visas. This change is applicable to the following visas: 

  • 482 Temporary Skill Shortage visa
  • 186 Employer Nomination Scheme visa
  • 494 Employer-Sponsored Regional (Provisional) visa

Anyone seeking employment or looking to nominate and sponsor people in the country needs to ascertain that any nominations made after July 01, 2024, are receiving the correct and revised Income threshold. The increased income threshold will be paid by the sponsors who are looking to nominate someone to join Australia’s workforce. This change does not impact anyone who has already been employed, nominated and sponsored before July 01, 2024. 

It is imperative to stay on top of any changes or rulings made by the government – both as the person who depends on the nominations to stay in the country as well as the person who is sponsoring different skilled workers from different countries. Without keeping on top of any changes, one risks getting into trouble with the authorities. Alternatively, not knowing the rights provided to you under the Australian legislature can lead to workplace exploitation. No person who has migrated away from their country wants to face such a situation.

Being aware of any changes and revisions made in the country’s migration policy also allows you to be informed about any wrongdoings with someone else at your workplace. Migration Doctors Australia employ a leading team of immigration lawyers in Brisbane to keep all our clients informed of any policy change whatsoever. We make certain that you are aware of all your worker’s rights to avoid any and all situations of workplace exploitation.

Through the help of professionals at Migration Doctors Australia, you are not only receiving quality service when it comes to any and all visa requirements, but we make certain that both the sponsor and nominated person know about any changes in the policy. We make sure to help you whenever and wherever possible. Book an appointment with us today by visiting our website! 

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