The number of temporary graduate visa holders in Australia was almost 92,000 as of June 2019. For your information, the temporary graduate visa or the 485 visa permits international students to stay in Australia after graduation. According to the Australian Bureau of Statistics, during 2017 to 2018, international education brought $32.4 billion into the Australian economy. Australia also gets benefitted culturally, socially, in the skilled workforce field through international education.
All these stats show the great impact of international education or students in Australia. If you are a student planning to do your higher studies in Australia or wish to learn more about the temporary residency in the country, this blog will provide you with all the necessary information.
International Students in Australia
People who are studying in Australia and hold a student visa are identified as international students. You will also be considered as an international student if:
If your course’s duration is six months or longer, you will be perceived as a resident of Australia for tax purposes. Thus,
The 485 visa or temporary graduate visa was launched in 2008 and updated in the year of 2013. The 2011 Knight Review recommended the visa, and also identified international students’ post-study work rights to be important for Australia to maintain competition in the education export market.
This visa permits international students, who have recently graduated with a degree or qualification from an Australian educational institution, to live in Australia for 2-4 years. However, this depends on the qualification the student is pursuing. The visa is recognised by the government as offering a chance for international students to stay in Australia for a certain period of time and get international work experience.
You will be considered as a temporary resident in Australia if:
A temporary resident will hold any of the following Australian visas:
There are two categories of residential properties – new dwellings and established dwellings
Temporary residents do not face any limitations on the number of new dwellings that they can buy. However, they will need prior approval before buying it.
Temporary residents are permitted to buy only one established dwelling for using it as their primary residence in the country. They cannot use the property for the purpose of leasing. If the temporary residents leave the established dwelling, one needs to sell the property by 3 months. Hence, temporary residents cannot buy established dwellings as an investment. They can only do so to live in it.
Whether you are looking forward to studying in Australia as an international student or want to reside there as a temporary resident, you must be aware of the rules and regulations. This way, you can avoid any sort of punishment or penalty that you may face for unknowingly breaching any law. You can also avoid cancellation of your visa and getting deported back to your country, if you are aware of the concerning rules and regulations.
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