188 visas: Investor stream to increase to $2.5 million; complying investments mix to change

188 visas: Investor stream to increase to $2.5 million; complying investments mix to change

Amendments to investor stream visas under the Business Innovation and Investment Program (BIIP) that will take effect from 1 July 2021 were announced today with the minimum investment for the Investor stream to increase to $2.5 million. There will be no increase to the minimum $5 million necessary for the Significant Investor stream.

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2021-22 Budget: Planning levels to remain at 160,000; backlog of partner visas processing

2021-22 Budget: Planning levels to remain at 160,000; backlog of partner visas processing

The Federal Budget has been passed and the most exciting aspect in terms of migration is that there is no excitement: migration planning levels will remain the same for the next program year with a continued focus on onshore applications and partner visas.

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Hospitality and tourism to be added to 408 “Pandemic” Visa and work caps lifted for student visa holders

Hospitality and tourism to be added to 408 “Pandemic” Visa and work caps lifted for student visa holders

Help for hospitality and tourism sectors struggling to find adequate staff is forthcoming as an announcement yesterday sees these industries added to the list for the 408 “Pandemic Event” visa along with the policy decision to allow student visa holders employed in these sectors to have unrestricted work rights.

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