The 457-Business (Long Stay) visa allows skilled people to work in Australia for an approved employer for a period from one day to four years. The prospective employer must first apply to become a standard business sponsor, which allows them to sponsor an agreed number of overseas workers for a three year period. Once an approved sponsor, the employer must nominate the position to be filled by the overseas worker. The position must relate to an approved occupation and the overseas worker must work in the position they were nominated for.
From 14 September 2009 the nomination cannot be approved if the name of the employee nominated to fill that position has not been declared in the application. The nominated salary for the position must also adhere to obligations regarding market salary rates for Subclass 457 visa holders
The Temporary Skilled Migration Income Threshold (TSMIT), is currently set at $47 480 per annum, from 1 July 2010. The TSMIT is set at that level to ensure that all Subclass 457 visa holders have sufficient income to independently provide for themselves in Australia.
Skilled Migrants Visa – This programme allows skilled migrations fro people who are not sponsored by an employer who have skills and occupations that are required in Australia. The Department of Employment has identified Accountants as a profession that is currently in short supply and is on the “Migrants Occupations in Demand list”.
Family Visa – There are a number of visa options for fiance(e)s, partners, children, parents and other family members of Australian citizens, Australian permanent residents or eligible New Zealand citizens.
For more information regarding eligibility, application procedures and requirements it is advisable to visit the Department of immigration and citizenship at www.immi.gov.au
Taxation Taxable Income Rate of Tax A$0 – A$6000 NIL A$6,001 – A$37,000 15% for each $ > A$6,000 A$37,001 – A$80,000 A$4,650 + 30% of each $ > A$37,000 A$80,001 – A$180,000 A$17,550 + 37% of each $ > A$80,000 A$180,001 plus A$54,550 + 45% of each $ > A$180,000
A living away from home allowance is an allowance the employer pays to an employee to compensate for additional expenses incurred, and any disadvantages suffered, because the employee is required to live away from their usual place of residence in order to perform their employment-related duties.
The employee would be regarded as living away from the usual place of residence provided that they intend to return there at the end of the term of the transfer.
The residence does not have to be the employee's permanent place of residence.
A 457 Visa holder is normally allowed to claim this allowance from the Employer, and it is the Employer who has to handle all the paperwork.
To open a bank account in your first six weeks of arrival, you will only need one form of identification your passport. After six weeks you will be asked for additional piece of identification; driver’s licence and/or birth certificate, credit cards are all acceptable.
Major retail banks include:
Commonwealth Bank www.commonwealthbank.com.au
Cost of Living Consumer Prices in Sydney are 4.58% lower than in Dublin Consumer Prices Including Rent in Sydney are 5.49% higher than in Dublin Rent Prices in Sydney are 44.78% higher than in Dublin Restaurant Prices in Sydney are 16.40% lower than in Dublin Groceries Prices in Sydney are 0.93% lower than in Dublin Local Purchasing Power in Sydney is 15.28% higher than in Dublin (Source: www.numbeo.com)