The Government announced a number of changes as part of the Federal Budget papers released last night. Read on to see how the announced changes will affect businesses employing visa holders, people interested in migrating their parents to Australia, and foreign investors.
Changes for businesses
The cost of employing foreign workers on temporary working visas will increase significantly from March 2018 with the introduction of a ‘Skilling Australians Fund’. Read more here.
Changes for parents of migrants
The new temporary sponsored parent visa will be capped at an intake of 15,000 visas annually and be introduced in November 2017. Find out more.
Changes for foreign investors
A Foreign Investors Tax Levy of $5,000 per year will apply to foreign investors who do not occupy or lease their Australian properties for at least 6 months of the year. Read our post for more.
Get professional advice on your visa options
Interstaff are here to advise of your visa options and how you may be impacted by the Government’s announcements. It’s vital that you get professional advice on how the changes impact your individual circumstances as the changes announced are complex and apply to people in different ways.
The Department of Immigration and Border Protection