Starting from 1st July, all Australian visas will cost more to reflect changes in inflation.
Treasury minister Scott Morrison, while unveiling the budget, declared that visa fees would be pegged to the Consumer Price Index in a move that is expected to generate $410 million over the next four years.
The visa fees will be indexed once a year and rounded off to the nearest $5, but will only apply to the first instalment of the visa application fee. Both the primary and secondary applicants’ fees will be affected by the changes.
The student visa fee for the primary applicant will now cost $560 – a $10 rise from $550, while a dependent applicant who is an adult will have part with $420 up from $410.
Visas which fall under the Employer Nomination and the Regional Sponsored Migration Schemes are now set to go up by $70 to cost $3670, from $3,600.
The partner visa cost will also rise from $6,865 to $7,000.
The government has also unveiled a new temporary sponsored visa for Australian migrants’ parents. The three-year and 5-year visas will cost $5,000 and $10,000 respectively.
Temporary work visas for foreign workers will now attract a levy of $1,200 or $1,800 per worker per year. Employers who provide company sponsorship visas will now pay a one-off charge amounting to $3,000 or $5,000.
Small businesses whose turnover is below $10 million will have to part with $1200 in annual levies when they sponsor a migrant worker’s temporary visa. They will also pay a one-time $3,000 fee for a permanent skilled visa.
Medium and large businesses whose turnover is over $10 million will pay a levy of $1,800 per year as well as a one-off $5,000 charge for a temporary visa and a similar amount for a permanent resident visa.
The money raised from this levy is expected to amount to $1.2 billion over the next four years and will be used to fund a new Commonwealth-State Skilling Australians kitty.
Only States and Territories that fulfil their commitments to train new apprentices will be allowed to draw on this fund.
If you would like to receive more information on 457 visas or any questions regarding migration procedures, feel free to get in touch with one of our immigration agents.