The Department has raised the Temporary Skilled Migration Income Threshold (TSMIT)
From 1 July 2024, the TSMIT will increase from $70,000 to $73,150.
New nomination applications from this date will need to meet the new TSMIT of $73,150 or the annual market salary rate, whichever is higher.
This change will not affect existing visa holders and nominations lodged before 1 July 2024.
These changes are in line with the Government’s commitment at the Jobs and Skills Summit in September 2022.
To find out more about the TSMIT or other employer sponsored visa nomination requirements, contact the best migration lawyers in Melbourne.
