4 Important impacts of Federal Budget on Migration
1. What can you expect from the Migration Program 2020-21?
The government retains planning levels at 160,000 places
Family Stream places will increase from 47,732 to 77,300 places on a one-off basis for the 2020-21 Migration Program year
Priority is given to Employer-Sponsored, Global Talent, Business Innovation and Investment Program visas within the Skilled Stream
Priority is given to Onshore visa applicants and Partner visa applicants where the relevant sponsor resides in a designated regional area
Find more about last financial year's state and regional migration invitations in numbers:
2. What are the new changes in Partner Visa? (Family Stream)
72,300 of the 77,300 places in the family stream will be allocated to partner applicants.
A Family sponsorship framework will be applied to partner visas
The framework will include character checks, sharing of personal information, and enforceable sponsorship obligations
English language requirements will be introduced for partner visas and permanent resident sponsors - To help strengthen English language acquisition, increase social cohesion and enhance economic participation rate
Read more on Family Sponsorship Visa: https://www.racc.net.au/family-sponsorship-visa
3. Important COVID-19 related Visa Application refunds
Prospective Marriage, Pacific Labour Scheme, and Seasonal Worker Programme visa holders will be able to access a VAC (Visa Application Charge) refund.
Read more on Partner Visa: https://www.racc.net.au/partner-visa-australia
Temporary skilled workers and visitor visa holders will be eligible to have the VAC for a subsequent visa application waived, to allow them to return to Australia once travel restrictions are lifted.
Working holidaymakers will be eligible to have the VAC for a subsequent visa application waived, to allow them to return to Australia once travel restrictions are lifted or otherwise be able to access a VAC refund.
Read more on Working Holiday Visa: https://www.racc.net.au/working-holiday-visa
4. Important Changes to Business and Investment Visa holders
From 1 July 2021, the Government will introduce changes to improve the operation of the Business Innovation and Investment Program (BIIP), with an aim to enhance the quality of investments and applicants
The key change in criteria: All business and investment activity must contribute to Victoria’s economic recovery or health response to be approved for visa nomination.
Note: VAC visa application charges will be increased by an additional 11.3 percent (above regular CPI indexation) on 1 July 2021.
Earlier this year, the government has also announced that new incentives will be given to Hong Kong export-oriented businesses.
Read more on the update here: https://www.racc.net.au/tr-485-hongkong
Increased employability and incentives for Healthcare, Aged care, and Trade sector
Read more about the announcement on the Aged care sector:
Read more about the announcement on the Trade sector:
Updates and Impacts of Federal Budget 2020 on International Students, Visa, and MIgration
Date: 8 October (Thursday)
Time: 6 PM
Registration Link: https://www.racc.net.au/visa-migration-update-budget2020
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