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What are the key differences between the new Skills in Demand Visa and the old Subclass 482 Visa?

 

Key Differences Between the Skills in Demand Visa and the Subclass 482 Visa

The new  Skills in Demand Visa  is set to replace the  Subclass 482 Temporary Skill Shortage Visa , introducing several significant changes aimed at enhancing flexibility and addressing labor market needs. Below are the key differences between these two visa categories:
featureSkills in Demand VisaSubclass 482 Visa
PathwaysThree distinct pathways: Specialist, Core, and Essential SkillsSingle pathway with limited flexibility
Salary Thresholds- Specialist: Minimum $135,000
- Core: Minimum $70,000
- Essential: Below $70,000		Minimum salary based on the Temporary Skilled Migration Income Threshold (TSMIT)
Processing Times- Specialist: Approximately 7 days
- Core: 21 days
- Essential: TBD		Typically longer, with 90% processed within 3 months
Mobility Between EmployersHolders can switch employers and have 180 days to find a new sponsor after terminationHolders only have 60 days to find a new sponsor and must be tied to their nominated employer
Pathway to Permanent ResidencyClear pathways for all visa holders, with time spent under any approved employer counting towards residency requirementsOnly time spent with the nominated employer counts towards residency
Labor Market Testing (LMT)Streamlined requirements; independent verification of labor market needs may be introducedEmployer-driven testing requirements before hiring a migrant
Occupation ListsNo specific occupation list for specialist skills; a more flexible Core Skills Occupation List will be used for the Core pathwayRigid Skilled Occupation Lists that are often seen as inflexible
Skilling Australians FundPayments to be smaller and more frequent over time instead of upfrontUpfront fees required for employers to access the visa program

Summary of Changes

  1. Increased Flexibility : The Skills in Demand Visa allows for greater mobility among employers, which is particularly beneficial for skilled workers who may face job changes.
  2. Faster Processing : The new visa aims for quicker processing times, especially for high-earning professionals.
  3. Clearer Residency Pathways : All pathways under the Skills in Demand Visa provide clearer routes to permanent residency compared to the previous system.
  4. Adaptability to Labor Market Needs : The introduction of independent verification for labor market needs aims to ensure that the visa system is responsive to actual shortages in the workforce.
These changes reflect Australia's commitment to creating a more effective and equitable immigration system that meets both economic demands and the needs of skilled migrants.
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