Australia is a popular and perfect destination when it comes to settling abroad. Each year lakhs of people choose Australia for their livelihood.
As a continental country, Australia offers you a lifestyle within the span of a natural environment.
The country has free health care facilities, free education, stunning views, a multicultural environment and a growing economy. All these aspects together make Australia a potential immigration country.
To make it easier for people to immigrate and then to support the country’s economy, Australia created the planning levels for the 2022-2023 Migration.
Let’s see what exactly this program is and its advantages.
Pandemics affected the whole world in different ways and one of the most noticeable effects on the countries was the declining economy.
Immigration affects the economy of a country with more skilled workers, entrepreneurs, business people, international students and semi-skilled workers. A change in a positive direction is to be expected in a country’s economy. That’s why Australia decided to improve its immigration program.
The planning levels of the 2022-2023 migration program focus on increasing the number of immigrants by issuing the visa with a specific stream composition. This will eventually help Australia in its post-pandemic economic recovery.
The country has planned to allot 160,000 visas under the planning levels of the 2022-2023 migration program, which are as follows:
Skill
There are a total of 109,900 slots in this stream. This stream is intended to increase Australia’s skilled workforce and also fill the shortage of skilled labour in the country’s labour market.
Family
There are a total of 50,000 spaces under this stream. This process is specially designed for partner visas. It initiates the reunion of Australians with their family members around the world and helps them obtain Australian citizenship.
Special Eligibility
There are a total of 100 slots under this stream. This is designed for exceptional circumstances. For example, permanent residents plan to return to their country after a long period abroad.
Size and Composition of the Program
The Migration Planning Program is of a specific size and composition, which is run by the Australian Government and holds the budget for the year.
The Winners and Losers of the 2022-2023 Migration Program Planning Levels
As the numbers predicted the percentage increase and decrease in the 2022-2023 migration program planning levels, one thing is pretty clear: the upcoming financial year will offer plenty of candidates who are looking out for skilled independent and regional visas.
It can be seen that places in the same program have increased by 156% and 123% respectively. This may result in more invitations being received under the General Skilled Migration Scheme, which will subsequently help increase the opportunities for people to apply for permanent residency in Australia without needing the assistance of an employer sponsoring the application.
Considering the disadvantage of the migration planning program, applicants in the Global Talent category and in the Business Innovation and Investment programs are on the losing side as their assigned spots are cut down by 44% and 30%, respectively.
On the other hand, Global Talent is one of the most popular options among potential visa holders. But to tell the truth, this program will be fruitful for all categories mentioned in the program.
The 2002-2023 Immigration Planning Program aims to help the country’s economy recover, which has been hit hard by the pandemic, and is now developing various tactics to prevail in the post-pandemic era.
In addition, the program helps a lot to counteract the labor shortage that affects the labor market and thus the economy in general. Applicants get a safe and easy path through this program and benefit from the offers the country provides.
Also, Australian permanent residents are eligible to apply for Australian citizenship by following the guidelines.
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