Changes to minimum income thresholds

Immigration

New Zealand Immigration Update: November 2018

The minimum income requirements for some visa categories are set to increase, on 26 November 2018.

The minimum income requirements for some visa categories are set to increase, on 26 November 2018.

Why the change?

INZ adjusts minimum income requirements regularly.

It is expected that these salary thresholds will continue to increase, with further updates at a similar level expected, in 2019.

What are the changes?

Increases will be made across the essential skills work visa and skilled migrant residence visa categories. The changes have been summarised below.

Essential skills work visas

Skill level

Current rate

 26 November 2018

Visa duration

Low-skilled employment, at ANZSCO level 1-3

Less than $20.65 hourly

Less than $21.25 hourly

12 months

Low-skilled employment, at ANZSCO level 4-5

Less than $36.44 hourly

Less than $37.50 hourly

12 months

Mid-skilled employment, at ANZSCO level 1-3

$20.65 - $36.43 hourly

$21.25 - $37.49 hourly

3 years

High-skilled employment, at any ANZSCO level

At least $36.44 hourly

At least $37.50 hourly

5 years

Skilled Migrant residence visas

Skill level

Current rate

 26 November 2018

Skilled employment, at ANZSCO level 1-3.

$24.29 hourly

$25.00 hourly

Skilled employment, at ANZSCO levels 4-5 or where there is no matching ANZSCO code.

$36.44 hourly

$37.50 hourly

Our advice

Employers may need to increase impacted employee’s salaries, if they are submitting work or residence visa applications, after 26 November 2018.

Questions?

Get in touch with one of our experts today.

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