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457 visa Income threshold may go up.

The Coalition government is considering Labor’s compromise proposals, one of which requires that that the income threshold for sc 457 visa workers is increased from current $53 900 to $57 000 per annum. When that happens it will affect new applications but also in some situation, existing 457 visa holders. Employer is required to update wages for 457 visa holders so they meet TSMIT and/ or market salary rate. If there are any other employees in the same business on the same positions wages must be adjusted the same way. Making sure wages are correctly paid is one of the most important points when applying fro transitional arrangement. To find out more about 457 visa requirements read here.  

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PERFECT STUDENT, do they exist?

In theory; young, male, well-educated individuals with a proven track record and carefully chosen subjects, from a wealthy-family and well-documented overseas trips, timely returning home and very good English, with strong family ties and very clear idea of his future and perfect knowledge about Australian is the reality. Does such a person exist? Last week, immigration announced they will increase overseas student intakes to Australia significantly. But who will be studying here? Let’s have a look at the options. Students from countries such as UK, Canada, and the United States would be easily welcomed but they are not so much interested as it is a very expensive exercise and in their home country they get financial support, whereas they wouldn’t...

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Business visa MONITORING, WHAT IT MEANS FOR BUSINESS?

How to deal with business visa monitoring DIBP has a unit specializing in business monitoring. This unit is checking operations in businesses hiring overseas staff. Usually it is focused on businesses operating under SBS and hiring employees on 457 visas, but may also happen to businesses hiring under different type of visas like RSMS or ENS. There is no need to stress or panic when such a thing occurs, however it is never pleasurable to have somebody digging through your documents. Usually officers are coming for local inspection to see if business is operating as it should be, if employees are doing what they should. Then they check business documentation; this is where many employers and employees are failing. The...

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457 Business obligations

The 457 is, as always a good subject to discuss, especially now whilst many 457 visa holders are eligible for transitional arrangements to permanent residency. Or, at least they should be eligible. Many employers seem to forget about 457 SBS obligations. Many employers forget or ignore that what immigration requires is not necessary, usually is not, what IR expecting from Australians. Perfect example is authorized deductions from salaries and cash payments. After 2 years on a 457 visa; the applicant (visa holder) may be eligible to apply for transitional RSMS/ENS. It is possible only in situations when the nominating business has met all SBS obligations and: employee was paid as they should have been, as per the nomination, all entitlements...

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