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Australian Migration Update – Raising the Temporary Skilled Migration Income Threshold (TSMIT) for employer sponsored visas

by | Jun 11, 2024 | Migration

From 1 July 2024, the TSMIT will increase from $70,000.00 to $73,150.00 (excluding superannuation).


New nomination applications for Subclass 482 and Subclass 186 visas from 1 July 2024 will need to meet the new TSMIT of $73,150.00 or the annual market salary rate, whichever is higher.


This change will not affect existing visa holders and nominations lodged before 1 July 2024.


If you or your employee’s remuneration package is not over $73,150.00 per annum and you plan to lodge a new Subclass 482 or Subclass 186 application, please ensure that your nomination is lodged before 1 July 2024.


Please reach out to Nevett Ford Lawyers by phone at + 61 3 9614 7111 or by email at melbourne@nevettford.com.au to speak to one of our experienced immigration lawyers about lodging your application before 1 July.