The latest news on Australian immigration, including changes to regulations, government policy announcements, and analysis of media releases affecting current and future applications.
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Changes to migration regulations for 1 July 2021 have been registered with the revision of business skills visas, and increases to visa application charges, citizenship and AAT application fees.
Read MoreMajor changes to Australia’s Business Innovation and Investment program (BIIP) will see the Subclass 132 – Business Talent visa closed to new applicants, visa extensions streams grants reduced, and minimum thresholds for a 188 visa under the Business Innovation stream increase with net assets of at least $1.2 million and business annual turnover of at least $750,000 from 1 July 2021.
Read MoreThe Federal Budget handed down last night came with a number of surprises to Australia’s permanent migration programs. Of note is the prioritisation of certain skilled visas and onshore applicants and a one-off boost to partner visa processing numbers. Partner visa applicants and some sponsors will need to meet English language requirements along with an increase in requirements to be a sponsor.
Read MoreA review of Australia’s Business Innovation and Investment Program is ongoing, however, Significant Investor visas, which is a passive investment stream under the Subclass 188/888 – Business Innovation and Investment visa has come under fire with recent reports of integrity concerns and an alleged Ponzi scheme run through the current complying investment framework. The review suggests the $5 million minimum may be increased.
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