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IMPACT – MEDIUM
Immigration New Zealand is set to increase the median wage for Essential Skills Work Visas and Skilled Migrant Residence Visas.
Key Points:
BAL Analysis: Affected employers should take note of the change and budget for the increases as needed. Individuals who earn between NZ $25.50 and NZ $27.00 hourly should renew Essential Skills Work Visas before July 19. Skilled Migrant Residence Visa applicants in the EOI pool should consider whether they still meet the new minimum income thresholds required to be selected from the pool when it re-opens.
This alert has been provided by Berry Appleman & Leiden LLP. For additional information, please contact berryapplemanleiden@bal.com.
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