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By Jessica Thakur, April 13, 2024
Australia's permanent residency program is experiencing a significant transformation, with a record number of places granted to temporary visa holders already within the country. This trend is driven in large part by a surge in international students transitioning directly to permanent residency.
Overall Increase in Permanent Residency:
In 2022-23, the Australian government issued a staggering 120,591 permanent residency places, a remarkable 31.6% increase compared to the 91,644 places granted the previous year. This highlights a clear government strategy to boost permanent residency rates.
Top Temporary Visas Leading to Permanent Residency:
Three primary temporary visa categories dominated the permanent residency landscape:
Skilled Professionals: The Temporary Resident (Skilled Employment) visa remained a popular pathway, with 30,864 grants (25.6%).
International Graduates: The Temporary Graduate visa saw a significant rise, with a record 29,375 places awarded (24.4%). This reflects a growing trend of international students seeking permanent residency after their studies.
Student Visa Holders: A notable 25,804 former student visa holders secured permanent residency in 2022-23 (21.4%). This group is examined in more detail below.
Growth for Specific Visa Categories:
The data reveals impressive jumps for some temporary visa categories:
Temporary Graduate Visa: This category saw the most significant increase, with a remarkable 52.2% surge (over 10,000 additional places) compared to 2021-22.
Special Category Visa: Grants for this visa category nearly tripled, with a substantial 150.6% increase (up 6,148 places) compared to the prior year.
International Students: A Rising Source of Permanent Residents:
The number of former international students who transitioned directly from a student visa to permanent residency increased by 17.7% in 2022-23, reaching 25,804 places. This trend is particularly noteworthy as it reverses a previous downward pattern observed between 2013-14 and 2019-20.
Top Sending Countries for Student Permanent Residency:
Students from three countries made up nearly half (49.5%) of all former student visa holders granted permanent residency in 2022-23:
India: Holding the top spot, India accounted for 5,915 places (22.9%).
China: China followed closely with 3,583 places (13.9%).
Nepal: Rounding out the top three, Nepal contributed 3,272 places (12.7%).
Growth for Top Nationalities:
The data reveals significant growth among the top 10 nationalities transitioning from student visas to permanent residency:
India: Indian students saw the most remarkable increase, with 2,562 additional places (76.4% growth) compared to 2021-22.
Nepal: Nepali students witnessed a significant rise of 1,634 places (99.8% growth) compared to the previous year.
Breakdown of Permanent Residency Pathways:
The 25,804 former international students secured permanent residency through various streams:
Skill Stream: The majority (17,274 places or 67%) received permanent residency through the Skill stream, offering pathways for skilled professionals.
Family Stream: A significant number (8,493 places or 33%) were granted permanent residency through the Family stream, allowing sponsorship of family members.
Special Eligibility: A small number (37 places) were granted under Special Eligibility categories.
Conclusion:
The 2022-23 data paints a clear picture of Australia's evolving permanent residency program. With a significant increase in places granted to temporary visa holders and a surge in international students transitioning to permanent residency, Australia is actively shaping its future workforce and demographics.
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