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By Jessica Thakur, May 29 2024
Australia's skilled migration program offers various pathways for individuals seeking to live and work in the country. State nomination is a crucial step in this process, as it provides applicants with additional points and priority processing for their visa applications. However, each state and territory has unique eligibility criteria and financial requirements that aspiring migrants must meet. This article provides a comprehensive overview of the funds required for state sponsorship applications across different Australian states and territories.
Funds Requirement for State Sponsorship Applications:
The following table summarizes the funds requirement for each state and territory:
State/Territory | Funds Required |
South Australia | Not required |
New South Wales | Not required |
Northern Territory | Yes, applicants must provide evidence of sufficient funds to support themselves and their dependents for three months. The required amount varies depending on family size: Single Applicant - AUD $35,000; Applicant + Spouse - AUD $50,000; Applicant + Spouse + 1 Child - AUD $60,000; Applicant + Spouse + 2 Children - AUD $65,000. |
Victoria | Not required |
Western Australia | Not required |
Australian Capital Territory | Yes, applicants must demonstrate AUD 20,000 in transferable assets and an additional AUD 10,000 for each dependent. |
Queensland | Yes, applicants must provide evidence of sufficient funds to support themselves and their dependents for three months. The required amount varies depending on applicant status (onshore/offshore) and family size, ranging from AUD 5,000 to AUD 60,000. Financial support is allowed for primary applicants under 25 years old. |
Tasmania | Yes, applicants must demonstrate AUD 25,000 for the main applicant and an additional AUD 5,000 for each dependent. |
Additional Conditions and Eligibility Criteria:
Apart from the funds requirement, each state and territory has additional conditions and eligibility criteria that applicants must fulfill. These may include:
Occupation Lists: Each state has its own list of in-demand occupations, and applicants must typically have an occupation listed on the relevant list to be eligible for nomination.
Work Experience: Some states require applicants to have relevant work experience in their nominated occupation or a closely related field.
English Language Proficiency: Applicants are usually required to demonstrate proficiency in the English language through tests like IELTS.
Age Requirements: Some states have age restrictions for certain visa categories.
Residency Requirements: Some states require applicants to be currently living in the state or have lived there for a specific period.
Types of Visas and Importance:
State nomination can be applied for two main types of visas:
Skilled Nominated visa (subclass 190): This is a permanent visa for skilled workers nominated by a state or territory government.
Skilled Work Regional (Provisional) visa (subclass 491): This is a temporary visa for skilled workers who want to live and work in regional Australia.
Both visas offer pathways to permanent residency in Australia.
Conclusion:
Understanding the funds requirement and eligibility criteria for each state and territory is crucial for a successful state sponsorship application. It's essential to research thoroughly and ensure you meet all the requirements before applying. Additionally, seeking guidance from migration agents or experts can help navigate the complexities of the process.
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