by Julie Pearl, ABIL Lawyer
Pearl Law Group Global Immigration NewsFlash
The Australian Federal Government announced several corporate immigration changes that took effect on July 1st, 2011.
Increase in Minimum Salary Level for 457 Visa Holders
Effective July 1, the Temporary Skilled Migration Income Threshold (TSMIT) was increased to A$49,330 (currently A$47,480). The TSMIT is the lowest possible guaranteed earnings a 457 visa holder must receive. If the market rate for the particular occupation is higher than the TSMIT, the higher rate must be applied.
Increase in English Testing Salary Exemption for Some 457 Visa Holders
Certain 457 non-English speaking trade applicants may be required to satisfy an English language test as part of the 457 visa process. However, starting July 1st, if they are to receive guaranteed earnings of A$88,410 (currently A$85,090) they will be exempt from English testing.
Increase in Minimum Salary Level for Employer Nomination Scheme (Residency)
As with the increase in TSMIT, the minimum base salary required for Employer Nomination Scheme applications was also increased to A$49,330 (currently A$47,480) for most occupations. The minimum base salary for ICT occupations was increased to A$67,556 (currently A$65,020).
Pearl Law Group Global Immigration NewsFlash
The Australian Federal Government announced several corporate immigration changes that took effect on July 1st, 2011.
Increase in Minimum Salary Level for 457 Visa Holders
Effective July 1, the Temporary Skilled Migration Income Threshold (TSMIT) was increased to A$49,330 (currently A$47,480). The TSMIT is the lowest possible guaranteed earnings a 457 visa holder must receive. If the market rate for the particular occupation is higher than the TSMIT, the higher rate must be applied.
Increase in English Testing Salary Exemption for Some 457 Visa Holders
Certain 457 non-English speaking trade applicants may be required to satisfy an English language test as part of the 457 visa process. However, starting July 1st, if they are to receive guaranteed earnings of A$88,410 (currently A$85,090) they will be exempt from English testing.
Increase in Minimum Salary Level for Employer Nomination Scheme (Residency)
As with the increase in TSMIT, the minimum base salary required for Employer Nomination Scheme applications was also increased to A$49,330 (currently A$47,480) for most occupations. The minimum base salary for ICT occupations was increased to A$67,556 (currently A$65,020).
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