NEW ZEALAND – Changes to Minimum Income Thresholds
Effective 26 November 2018, the minimum income thresholds for essential skills work visas and skilled migrant residence visas are set to increase.
What are the changes?
Essential skills work visas
| Skill Level | Current Rate | 26 November 2018 | Visa Duration |
|---|---|---|---|
| Low-skilled employment (ANZSCO level 1-3) | Less than NZD 20.65/hour | Less than NZD 21.25/hour | 12 months |
| Low-skilled employment (ANZSCO level 4-5) | Less than NZD 36.44/hour | Less than NZD 37.50/hour | 12 months |
| Mid-skilled employment (ANZSCO level 1-3) | Less than NZD 20.65 - 36.43/hour | Less than NZD 21.25 - 37.49/hour | 3 years |
| High-skilled employment (Any ANZSCO level) | At least NZD 36.44/hour | Less than NZD 37.50/hour | 5 years |
Skilled migrant residence visas
| Skill level | Current rate | 26 November 2018 |
|---|---|---|
| Skilled employment at ANZSCO level 1-3. | NZD 24.29/hour | NZD 25.00/hour |
| Skilled employment at ANZSCO levels 4-5 (or where there is no matching ANZSCO code). | NZD 36.44/hour | NZD 37.50/hour |
Action items
- Employers are advised to review the salaries of their foreign employees holding essential skills work visas or skilled migrant residence visas.
This news alert was prepared with information provided by Cavell Leitch.
DISCLAIMER: The information contained in this immigration alert has been
abridged from laws, court decisions, and administrative rulings and should not
be construed or relied upon as legal advice. If you have specific questions
regarding the applicability of this information, please contact Peregrine ©
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