In a recent move by Immigration New Zealand (INZ), pay limits for several visa categories have been increased to match the country’s median hourly wage of NZD 31.61. Effective from February 28, 2024, these adjustments aim to reflect the current economic landscape and ensure fair compensation for skilled migrants and their families.
This article breaks down the updates and what they mean for you.
Understanding Wage Thresholds
Wage thresholds serve as crucial benchmarks used by INZ to determine visa entitlements. Essentially, they represent the minimum salary a migrant worker must earn to qualify for certain visas, barring any exemptions specific to their role.
These thresholds are periodically reviewed and updated to align with inflation rates and economic shifts.
Previously, the median wage stood at NZD$29.66 per hour. However, with the recent adjustment, all thresholds now correlate with the revised median wage, marking a significant update to immigration policies in New Zealand.
Increased Wage Thresholds for Several Visa Categories
The latest changes affect several visa categories, including the Skilled Migrant Category, Green List Straight to Resident, Work to Residence visas, and Parent Category resident class visas. Moreover, the Transport Sector Work to Residence Visa will witness an increase, excluding bus drivers.
1. Skilled Migrant Category Resident Visa: Applicants must now earn at least NZD$31.61 per hour to qualify, reflecting the updated median wage in New Zealand.
2. Green List Straight to Residence Visa and Work to Residence Visa: The minimum wage requirement for these visas also increases to NZD$31.61 per hour.
3. Parent Category Resident Class Visa: Sponsors for this visa must now demonstrate their children earn enough to support them, aligning with the new NZD$31.61 per hour threshold.
AEWV Remains Unchanged
It is important to note that the NZD$29.66 per hour wage threshold for Accredited Employer Work Visa (AEVW) remains in place for now. However, those looking to transition to Skilled Residence pathways in the future will need to meet the new NZD$31.61 per hour requirement.
Also Read: MEPV Visa: New Zealand to End Financial Support for Exploited Workers From March 18
Other Key Points
Sector agreements and exemptions: Existing sector agreements and wage exemptions will remain in place until further review.
RSE Worker Minimum Wage: The minimum wage for Recognised Seasonal Employer (RSE) workers increases to NZD$25.47 per hour from April 1, 2024, reflecting the rise in the national minimum wage.
Impact on Applicants
Skilled migrants and parents: Carefully review the new wage thresholds to ensure your income meets the requirements for your desired visa category.
Employers: Update your offered wages to comply with the adjusted thresholds, particularly for affected visa categories like Skilled Migrant and Work to Residence.
Also Read New Zealand Streamlines Visa Applications: Permanent Residency Goes Online!
Looking Ahead
As the economic landscape continues to evolve, INZ will monitor and evaluate visa policies to ensure alignment with prevailing wage trends and industry needs. Any further decisions regarding wage rates and sector agreements will be communicated in due course, providing clarity to migrants and employers alike.
In conclusion, these adjustments underscore New Zealand’s commitment to maintaining a fair and equitable immigration system while addressing the evolving needs of its workforce and economy.
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