Work and Holiday arrangement signed

IMPACT – MEDIUM

What is the change? Australia and Hungary have signed a work and holiday visa arrangement.

What does the change mean? An annual limit of 200 young people from Australia may travel and work in Hungary for up to one year, and vice versa.

• Implementation timeframe: An implementation date has not been announced.
• Visas/permits affected: Work and Holiday (Subclass 462) visas.
• Who is affected: Eligible Hungarian and Australian nationals ages 18 to 30, interested in travelling, studying and working in Australia or Hungary.
• Business impact: Employers may hire Work and Holiday visa holders for short-term work.
• Next steps: The two governments must finalise procedures before opening the application period. The start date for the Australian program will be announced on the Subclass 462 visa page as well as on the Australian Embassy in Germany’s website.

Background: Hungary is the latest country to be added to Australia’s Work and Holiday program, which currently includes Argentina, Bangladesh, Chile, China, Indonesia, Malaysia, Poland, Portugal, Slovakia, Slovenia, Spain, Thailand, Turkey, the United States and Uruguay. Vietnam signed an agreement last year, but implementation is pending.

BAL Analysis: The Work and Holiday program is very popular and interested applicants should apply as soon as the application period opens.

This alert has been provided by BAL Australia. For additional information, please contact australia@bal.com.

MARN: 9683856

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