Surprising Decrease in 2023-2024 State and Territory Nomination Allocations: Implications for Skilled and Business Visas

The Department of Home Affairs has recently unveiled the state and territory nomination allocations for the fiscal year 2023-2024. What’s causing waves in the immigration landscape is the unexpected drop in the allocation figures for both the Subclass 190 and 491 visas – a significant one-third decrease from the numbers recorded in the previous financial year of 2022-2023.

Even more astonishing, there appears to be no allocation whatsoever for business visas in the current allocation scheme.

Against the Backdrop of 2022-2023

So, what does this mean for applicants?

For skilled migrants, we recommend a proactive approach: continue gathering additional points for your skilled migration application. While the current allocation figures may not be definitive, it’s prudent to be prepared for potential changes in the later stages. In any scenario, having a higher point score is always a strategic move. Additionally, it’s crucial to meticulously assess the policy shifts of each state before initiating your application, given that policies are subject to frequent changes. Pay particular attention, as your occupation might have been altered or removed.

On the other hand, for those considering business visas, the situation appears less promising this financial year. If you were planning to pursue a business visa, it’s time to reevaluate your migration strategy. We recommend seeking guidance from AustraliaMigrate to develop a personalized plan based on your unique background and goals. Our expertise can provide clarity and insight as you navigate these shifting circumstances.

At AustraliaMigrate, we closely monitor the ever-evolving immigration landscape to ensure that you receive the most informed and accurate advice. We understand that unexpected changes can be challenging, but our dedicated team is here to assist you in making the best decisions for your migration journey.

Should you have any questions or concerns regarding these developments, please feel free to reach out to us via email info@australiamigrate.com or phone + 61 2 9411 6000. We’re here to guide you through these dynamic times and help you chart a successful migration path.