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TSMIT Increase & Expanded pathways to permanent residence

TSMIT Increase & Expanded pathways to permanent residence

Australia’s immigration policies are set to undergo some significant changes in the coming months. One of the most notable changes is the increase in the Temporary Skilled Migration Income Threshold (TSMIT) from $53,900 to $70,000, which will take effect on July 1, 2023. The TSMIT is the minimum salary that an employer must pay a skilled migrant worker in order to sponsor them for a temporary visa.

This increase in TSMIT will have a significant impact on skilled migrant workers seeking temporary visas, as new nominations lodged ON or AFTER July 1, 2023, will be required to meet the new threshold of $70,000 or the annual market salary rate, whichever is higher. However, it is important to note that applications lodged BEFORE July 1, 2023, will not be affected.

In addition to the TSMIT increase, there will also be expanded pathways to permanent residence for Temporary Skill Shortage (TSS) SC 482 visa holders. By the end of 2023, the Temporary Residence Transition (TRT) stream of the Employer Nomination Scheme SC 186 will be amended to make all TSS visa holders eligible for ENS visas sponsored by their employers. This change will also reduce the sponsorship requirement from three years to two years, making it easier for TSS visa holders to transition to permanent residence.

It is clear that these changes will have a significant impact on the Australian immigration system, and it will be important for employers and skilled migrants alike to stay up-to-date with the latest developments. While the increase in the TSMIT may make it more difficult for some skilled migrants to secure temporary visas, the expanded pathways to permanent residence will provide greater opportunities for those looking to establish long-term careers in Australia.

Given the recent changes to Australia’s immigration policies, it is essential for both employers and visa applicants to seek professional advice to ensure they are aware of their options and obligations. Sellanes Clark – Lawyers & Immigration Specialists is a team of experienced and knowledgeable lawyers who specialize in immigration law. They can provide accurate and up-to-date advice on the latest immigration updates and help employers and visa applicants navigate the complex Australian immigration system.

For those who are seeking clarity on their immigration status or require assistance with visa applications, Sellanes Clark – Lawyers & Immigration Specialists can provide tailored advice to meet their needs. Contact them today to learn more.

#sellanesclark   #TSMITincrease  #Immigrationlaw   # #PR pathways   #carlossellanes  #immigrationagents   #immigrationspecialists

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