Recent Changes to State/Territory Migration Programs
Tasmania
The Tasmanian Skilled Migration State Nomination Program has been opened recently on an interim basis to ‘Gold and Green’ pass candidates.
All candidates who qualify will need to seek an invitation from Migration Tasmania before they can apply for nomination.
Candidates who meet the minimum requirements for one of the nominations pathways AND have at least one gold or green priority attribute can now register their interest in nomination.
Detailed interim application steps have been published on the Migration Tasmania website.
Skilled Migration FAQs – a list of questions and answers regarding the 2022-23 Tasmanian Skilled Migration State Nomination Program are now available on the Migration Tasmania website.
South Australia
South Australia’s Business Innovation and Investment Program (BIIP) is now open for the 2022-23 program year.
There will be four visa streams available for nomination under the Business Innovation and Investment visa (subclass 188):
- Business Innovation Stream (188A)
- Investor Stream (188B)
- Significant Investor Stream (188C)
- Entrepreneur Stream (188E)
A limited interim allocation of 70 nomination places only, has been received by South Australia and applicants for the Business Innovation Stream (188A) will be required to submit an Intention to Apply (ITA) for consideration.
All information and requirements for South Australian nomination is available on the business migrants section of the SA website.
New South Wales
NSW Skills lists for 2022-23 have been released. There are new minimum point scores and skilled work experience requirements in the 2022-23 financial year.
To be eligible for NSW nomination applicants must meet the minimum point score AND minimum years of work experience in the occupation’s ANZSCO unit group.
Answers to common questions are also available on the NSW Government website.
Victoria
Victoria’s 2022-23 BIIP program is open. The program provides for four visa pathways:
- Business Innovation stream (subclass 188A) (Provisional) visa
- Investor stream (subclass 188B) (Provisional) visa
- Significant Investor stream (subclass 188C) (Provisional) visa
- Entrepreneur stream (subclass 188E) (Provisional) visa.
An Expression of Interest (EOI) through the Commonwealth’s Department of Home Affairs SkillSelect system will be required before you can apply for Victorian visa nomination.
Further information is available on the Live in Melbourne website.
Significant Investor Visa ‘Certain’ to be scrapped
According to ABC News, the Significant Investor visa is likely be scrapped in next month’s Federal Budget:
A controversial program that provides visas to those who invest at least $5 million in Australia is all but certain to be scrapped in next month’s budget
More than 2,000 people have been granted significant investor visas (SIV) since 2012, with 85 per cent coming from China and 3.6 per cent from Hong Kong.
During this period more than $11 billion has been invested in Australian businesses, with the program tweaked in 2015 to shift capital towards emerging companies rather than real estate.
Unlike other visa categories, successful SIV applicants are not required to learn or speak English and there is no age limit
Please contact our office if you have any questions regarding the above information.
This newsletter only provides general information related to current migration matters. The information contained in this communication does not constitute specific migration advice, and should not be construed or relied on as such. Professional advice should be sought for the specifics of your situation prior to any action being taken. BD Welsh and Co disclaims any liability (including, without limitation, for any direct or indirect or consequential costs, loss or damage or loss of profits) arising from anything done or omitted to be done by any party in reliance, whether wholly or partially, on any of the information contained in this newsletter. Any party that relies on the information does so at its own risk. Liability limited by a scheme approved under Professional Standards Legislation.