{"id":49473,"date":"2024-01-25T17:48:11","date_gmt":"2024-01-25T06:48:11","guid":{"rendered":"https:\/\/absoluteimmigration.com\/?p=49473"},"modified":"2024-02-23T10:41:23","modified_gmt":"2024-02-22T23:41:23","slug":"median-wage-increase-for-visa-categories-effective-february-2024","status":"publish","type":"post","link":"https:\/\/absoluteimmigration.com\/nz\/news\/median-wage-increase-for-visa-categories-effective-february-2024\/","title":{"rendered":"Median Wage Increase for Visa Categories Effective February 2024"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"49473\" class=\"elementor elementor-49473\" data-elementor-post-type=\"post\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-33ccfba1 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"33ccfba1\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-4f4ff34d\" data-id=\"4f4ff34d\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-28c78655 elementor-widget elementor-widget-text-editor\" data-id=\"28c78655\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p><!-- wp:paragraph --><\/p>\n<p>New Zealand&#8217;s median wage is set to increase in February 2024, bringing changes for some visa categories and sector agreements. Here&#8217;s a guide to understanding what&#8217;s changing and how it will affect specific visas.<\/p>\n<p><!-- \/wp:paragraph --><!-- wp:heading {\"level\":4} --><\/p>\n<h4 class=\"wp-block-heading\"><span style=\"color: #ed7d31;\"><strong>The big change:<\/strong><\/span><\/h4>\n<p><!-- \/wp:heading --><!-- wp:paragraph --><\/p>\n<p>The median wage will rise from NZD$29.66 to NZD$31.61 per hour in February 2024.<\/p>\n<p><!-- \/wp:paragraph --><!-- wp:heading {\"level\":4} --><\/p>\n<h4 class=\"wp-block-heading\"><span style=\"color: #ed7d31;\"><strong>Who&#8217;s Affected?<\/strong><\/span><\/h4>\n<p><!-- \/wp:heading --><!-- wp:paragraph --><\/p>\n<p>This increase applies to the wage thresholds for several visa categories, including:<\/p>\n<p><strong>Onshore Skilled Migrant Category Residence Visa<\/strong><\/p>\n<p>This category requires applicants to meet a minimum income threshold based on the median wage. The increase will raise this threshold accordingly, potentially benefiting skilled migrants seeking permanent residency.<\/p>\n<p><strong>Green List Straight to Residence Visa and Work to Residence roles<\/strong><\/p>\n<p>The Green List identifies in-demand occupations with designated wage thresholds linked to the median wage. These thresholds will automatically adjust with the February 2024 increase, potentially affecting the eligibility of some Green List applicants.<\/p>\n<p><strong>Parent Resident Visa<\/strong><\/p>\n<p>People wanting to sponsor their parents on a Parent Resident Visa must earn over the median wage.<\/p>\n<h4 class=\"wp-block-heading\"><span style=\"color: #ed7d31;\"><strong>Green List Specifics:<\/strong><\/span><\/h4>\n<p>Some Green List roles have wage thresholds based on a percentage of the median wage. These will automatically increase with the new median wage. For example, Auditors currently require a wage of NZD$38.56, which will go up to NZD$41.09.<\/p>\n<h4 class=\"wp-block-heading\"><span style=\"color: #ed7d31;\"><strong>Exclusion from Increase:<\/strong><\/span><\/h4>\n<p>Importantly, this increase does not apply to Accredited Employer Work Visas (AEWVs). The existing wage rates will remain in place:<\/p>\n<ul>\n<li>NZD$29.66 per hour for most AEWVs<\/li>\n<li>NZD$26.16 per hour for Care Workforce Sector Agreement roles<\/li>\n<\/ul>\n<p>\u00a0<\/p>\n<p>This change signifies a positive step towards aligning visa requirements with evolving market wages. It is crucial for potential applicants and employers to be aware of these adjustments and ensure compliance with updated regulations.<\/p>\n<p><strong>For any questions regarding this update or any further immigration matters, please contact Arno at\u00a0<span style=\"color: #ed7d31;\"><a style=\"color: #ed7d31;\" href=\"mailto:Arno.Nothnagel@absoluteimmigration.com\">Arno.Nothnagel@absoluteimmigration.com<\/a><\/span><\/strong><\/p>\n<p><!-- \/wp:paragraph --><!-- wp:paragraph --><\/p>\n<p><strong>To keep current with updates as they happen, please subscribe to our email updates <span style=\"color: #ed7d31;\"><a style=\"color: #ed7d31;\" href=\"https:\/\/absoluteimmigration.com\/subscribe-to-updates\/\">here<\/a><\/span>.<\/strong><\/p>\n<p><!-- \/wp:paragraph --><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>NZ&#8217;s median wage for skilled visas rises to $31.61\/hr in Feb 2024, impacting Skilled Migrant, Green List, and Parent Resident visa applications.<\/p>\n","protected":false},"author":7,"featured_media":49485,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"content-type":"","footnotes":""},"categories":[20,1],"tags":[53,279,159,96,280],"class_list":["post-49473","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-new-zealand","category-uncategorized","tag-green-list","tag-increase","tag-median-wage","tag-parent-resident-visa","tag-skilled-migrants"],"acf":[],"_links":{"self":[{"href":"https:\/\/absoluteimmigration.com\/nz\/wp-json\/wp\/v2\/posts\/49473","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/absoluteimmigration.com\/nz\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/absoluteimmigration.com\/nz\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/absoluteimmigration.com\/nz\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/absoluteimmigration.com\/nz\/wp-json\/wp\/v2\/comments?post=49473"}],"version-history":[{"count":0,"href":"https:\/\/absoluteimmigration.com\/nz\/wp-json\/wp\/v2\/posts\/49473\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/absoluteimmigration.com\/nz\/wp-json\/wp\/v2\/media\/49485"}],"wp:attachment":[{"href":"https:\/\/absoluteimmigration.com\/nz\/wp-json\/wp\/v2\/media?parent=49473"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/absoluteimmigration.com\/nz\/wp-json\/wp\/v2\/categories?post=49473"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/absoluteimmigration.com\/nz\/wp-json\/wp\/v2\/tags?post=49473"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}