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Navigating Business Visas for Global Expansion Seminar

Join Isobel Adams on 16 May 2007 to explore the use of business visas for international expansion. Learn about border sovereignty, skill shortages, employing foreign nationals, and compliance activities. Understand the Subclass 457 visa process, key sponsorship obligations, and proposed changes to the 457 program. Consider the Migration Amendment Bill, permanent residence applications, and employment contract essentials. Contact Mark Wright at Fragomen Global for more information.

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Navigating Business Visas for Global Expansion Seminar

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Presentation Transcript

  1. Using business visas to build your business Presenter : Isobel Adams Date : 16 May 2007

  2. Border Sovereignty

  3. Skill Shortages

  4. Employing foreign nationals–a volatile time • Industrial relations landscape • Skill shortages • Allegations of abuse of foreign employees (Labor & Trade Unions campaign) • Increase in numbers of 457 visas & debate on 457 program • Increased compliance activities by DIAC • High levels of individuals who overstay and seek to work or who seek to work in breach of visa conditions • Employer sanctions relating to employment of foreign nationals

  5. Subclass 457 visa process • Application for business sponsor status • Nomination of position • Personal application by applicant and dependents Issues • size of sponsoring company • base salary threshold ($41,850 & $57,300 IT roles) • occupational category

  6. Key Sponsorship Obligations • Notification to DIAC – departure & changes to assignment • Meet minimum salary requirements • Pay all hospital & medical costs • Superannuation and taxation requirements • Repatriation arrangements • Ongoing monitoring requirements

  7. Temporary Business Entry - Australia

  8. Proposed Changes to 457 Program • 457 assignees to be placed on Australian payroll • 457 assignees paid in AUD for duration of their period in Australia • Payment of staff to be made fortnightly • Minimum language requirements on OH&S grounds • Schooling costs of dependants borne by employer • Return airfare costs for employee & dependants borne by employer • Adjustment of 457 salaries to be made when Gazette Notice issued • Possibility of labour market testing for lower skill threshold positions

  9. Other issues to consider • Migration Amendment (Employer Sanctions) Bill 2006 • Pressures to support applications for permanent residence • Ensure employment contracts are clear and cover relevant immigration issues • Appropriate use of short term business entry • Changes to Graduate Skilled Migration category

  10. For further information contactMark WrightPartnerFragomen GlobalT: (02) 8224 8555M: 0409 600 177E: mwright@fragomen.com.au

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