With the Financial Year 2021-22 coming to an end, we are now looking to the planning figures for migration for the year 2022-23 to understand what lies ahead of us in the coming year.
While the total planning levels for 2022-23 have remained the same as for the year 2021-22 i.e. 160,000 places, what is good news for Australians who have foreign partners is that the estimated planning levels for Partner Visas which have been announced at 40,500 places is not rigid and will be demand-driven. This means that there is a possibility of the net migration figures exceeding 160,000 if the number of partner visas granted exceeds 40,500 and all other visa types have been fully subscribed.
The estimated allocation of places for partner visas for the year 2022-23 has reduced from 72,300 to 40,500 which means that the allocation of places to other types of visas has increased by 29,800.
The largest increase of the places has gone to the regional visas which has gone up to 25,000 places (up by 123%). The other visas whose allocations have increased are Skilled Independent visas up to 16,652 places (up by 156%), State Territory Nominated visas up to 20,000 places (up by 78%), Employer Sponsored Visas up to 30,000 places (up by 36%) and Parent Visas up to 6000 (up by 33%).
Interestingly, the allocations for the Business Innovation and Investment Visas has reduced by 4,000 places to 9,500 which is the biggest cut after Partner Visas. The Global Talent (Independent) places have almost been halved from 15000 places to 8,448.
While the above mentioned facts are mere figures, it would be interesting to analyse them to try and predict the direction in which migration for 2022-23 is likely to move.
- The demand for regional visas is likely to be increased.
- State /Territory Government’s nominations may be more easily available for the subclass 190 visas.
- Skilled Independent (subclass 189) visas will now have an allocation of approx. 1387 invitations per month. So the wait for the 11th of each month when the invitations were issued will start again.
- Employers will continue to sponsor employees for the subclass 186 visa.
- The wait for the parents to be granted PR will reduce.
- The processing of Partner and Child Visas will remain the same given that there is no cap on the number of visas that can be granted.
Should you have any questions about how the above updates, please don’t hesitate to contact our migration lawyers.
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