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IMPACT – HIGH
New Zealand will implement a handful of changes to the Talent (Accredited Employer) Work Visa program on Oct. 7. These are the first of a series of changes expected to occur over the next 18 months, with a new employer-led temporary work visa program to be introduced in 2021.
The Oct. 7 changes include:
While the finer details of the 2021 changes are not yet available, Immigration New Zealand has published an overview on its website. Over the next 18 months, INZ states that it will:
INZ has stressed that a number of rules will not change. For example, lower-skilled foreign workers will still be required to leave New Zealand for at least one year after working for three years in the country. The new visa program will also still impose visa conditions relating to the visa holder’s employer, job and work location, with a variation of conditions application to be submitted to INZ when changes to these arrangements are required.
Analysis & Comments: The Oct. 7 changes will, in some cases, make it more difficult to sponsor foreign workers on a Talent (Accredited Employer) Work Visa. Employers should note that the current, more favorable, rules will continue to apply to applications that are lodged between now and Oct. 7. Note also that employees already holding Talent (Accredited Employer) Work Visas are not impacted by the changes, their visa validity, visa conditions and visa options will be maintained.
While detailed information about the 2021 changes has not been released, Deloitte will continue to follow any key developments and will provide updates to clients as the information becomes available.
Source: Deloitte. Deloitte refers to one or more of Deloitte Touche Tohmatsu Limited (“DTTL”), its global network of member firms, and their related entities. DTTL (also referred to as “Deloitte Global”) and each of its member firms are legally separate and independent entities. DTTL does not provide services to clients. Please see www.deloitte.com/aboutto learn more. Deloitte Legal means the legal practices of Deloitte Touche Tohmatsu Limited member firms or their affiliates that provide legal services. For legal, regulatory and other reasons, not all member firms provide legal services. This communication contains general information only, and none of Deloitte Touche Tohmatsu Limited, its member firms or their related entities (collectively, the “Deloitte network”) is, by means of this communication, rendering professional advice or services. Before making any decision or taking any action that may affect your finances or your business, you should consult a qualified professional adviser. No entity in the Deloitte network shall be responsible for any loss whatsoever sustained by any person who relies on this communication. © 2019. For information, contact Deloitte Touche Tohmatsu Limited.
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