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Australian Premium Investor Visa From India
Australian premium investor visa from India
Premium Investor visa
The Government will reform the 457 visa programme for skilled migrants, while maintaining strong safeguards against abuse.
The 457 programme must be a means of filling genuine skills gaps in the local labour market while not placing unnecessary administrative burdens on business.
An effectively managed skilled migration programme ensures foreign workers supplement rather than substitute Australian workers. A business that is forced to close because it is unable to access the labour that it requires employs no-one. That is a lose–lose situation for both employers and employees
Following an independent review of the 457 programme, the Government will
Streamline the processing of sponsorship, nomination and visa applications to reward low risk applicants and refocus compliance and monitoring activities on high risk applicants
Increase the sponsorship approval period from 12 to 18 months for start-up businesses, to give start-ups more time to make their businesses sustainable
Retain the Temporary Skilled Migration Income Threshold at AUD$53,900, ahead of a review within the next two years.
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