Reasons to apply for an Australian visa this year
Highlights
One of the most shocking things that happened at the start of the year 2024 was the migration strategy released by the Australian government. Although a lot of changes will be implemented in the upcoming months, this year is so much better compared to next year, and below are the reasons why.
Migration intake will be cut into half next financial year
The goal of the Albanese administration is to decrease Net Overseas Migration from 510,000 in the fiscal year 2022-23 to 375,000 in 2023-24, and subsequently to 250,000 in 2024-25, moving away from the concept of "permanent temporariness."
What does it mean for new Australian visa applicants?
This means that the Australian government will not prioritize first-time Australian visa applicants next year 2025. Most of the migration placements will prioritize migrants who are already in the country and are applying for a Permanent Residency Visa.
What are the other effects of this low migration intake?
This will affect the competition level of migrants. The lesser the supply, the higher the demand, the more competitive it will be. It will still be possible to have a successful visa application, but it will be tremendously difficult.
If you’re aspiring to apply either for a permanent or temporary Australian visa, now is the best time to do it.
Net Overseas Migration will be at a low level for the coming years
250,000 allocation will be the cap limit for the years to come and the Australian migration program is predicted to stabilize at this lower level from that time on. The global financial crisis, as well as the housing pressure push the country to take care of its people first before others. Thus, this year is the only time we will see a Net Overseas Migration of more than 250,000.
More opportunities for Permanent Residency
Both new Australian visa applicants and existing temporary visa applicants will enjoy PR visa opportunities this year. The government is dedicated to ending “long-term temporariness” among migrants by providing them with various permanent residency pathways. So if you’re planning to apply for a PR visa, this year is the best time to do so.
How we can help you?
If you are having a hard time planning your pathway to Australia, the best thing to do is ask for assistance from certified migration experts. At Think Visa, we specialize in processing visas in these complex situations. By ensuring that all the essential documents, our team of skilled migration consultants can help you get through the process. Start your migration process with people you could trust.
