Australia Permanent Migration Visa Allocations for 2024-2025 | Australia Visa Update

The Australian government has declared that it will be implementing significant changes to the country’s immigration laws to foster economic expansion and restore integrity. Plans call for a 4-year revamp of the Australian immigration system in addition to the distribution of 185,000 visa slots for the 2024–2025 permanent migration program.

In this blog, we’ll go into great detail regarding these events and how they might affect the Australian economy and prospective immigrants.

Australia Permanent Migration Program

Enhancing Australian immigration, addressing skill shortages, and fortifying family and community links are the goals of the permanent migration program. Three primary streams comprise the migration program:

• With 132,00 slots, or 71% of the program, is the skill stream.
• Family Stream: including 52,500 spots, or 28% of the total program
• Special Eligibility Stream: with three hundred places

The purpose of these visa allotments is to strengthen Australia’s economy, meet labor market demands, and foster social harmony.

Employer-Sponsored Visa Category

Allocations for employer-sponsored visas increased from 36,800 in 2024 to 44,000 in 2024–2025. This increase will facilitate a pathway to permanent residency through the temporary residency transition stream, enabling a greater number of temporary migrants to get permanent status more swiftly.

State and Territory-nominated Visa Category

33,000 new visas are now available for both the regional category and the Australian state and territory-nominated category. These groups collectively make up 36% of all allotments and 50% of the Skill Stream, which helps draw in skilled immigrants to help with specific labor force and economic issues.

Skilled Independent Visa Category

For the year 2024–2025, 16,900 slots have been reserved for skilled independent visas. Compared to 30,375 slots in 2023–2024, there is a decrease. However, compared to prior years, the numbers are still significantly greater.

Business Innovation and Investment Program Visa Category

The BIIP has reduced the number of visas allotted from 1,900 for 2023–2024 to 1,000 for 2024–2025. The BIIP will be completely abolished starting in July 2024, and a new National Innovation Visa will be available in its stead, with a focus on highly skilled workers who will boost the Australian economy.

Global Talent Visa Category

The Global Talent Visa program now only offers 4,000 visas, a slight reduction in the previously offered number. The National Innovation Visa will take the place of the Global Talent Visa program, which will terminate this year due to more extensive changes concerning talent and innovation.

Family Visas

There are 52,500 spaces left in the family stream, 40,500 of which are allocated for partner visas and the remaining 3,000 for child visas. Because both categories are driven by need, program modifications can be made with flexibility to meet demand and reduce processing times. 8,500 visa slots have been set up for parents, and 500 visa spots have been set out for other family visa programs, like the programs for caregivers, elderly dependent relatives, and remaining relatives.

Study Visas

While specific modifications to study permits were not mentioned, financing for career training and post-secondary education is still available for 2024–2025. Under the new Mobility agreement for talented students, graduates can remain in Australia to further their professional prospects. Early Professional Scheme and Extended Permissions for Post-Study Employment

Navigating the New Migration Program

The permanent migration scheme will help fill skill shortages in critical areas and prioritize Regional Australia in the processing of visas, all while growing the local channel of highly competent individuals. The 2024–2025 migration plan also recognizes the important contribution that all migrants make to societal cohesion.