{"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
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New Zealand’s median wage is set to increase in February 2024, bringing changes for some visa categories and sector agreements. Here’s a guide to understanding what’s changing and how it will affect specific visas.<\/p>\n

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The big change:<\/strong><\/span><\/h4>\n

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The median wage will rise from NZD$29.66 to NZD$31.61 per hour in February 2024.<\/p>\n

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Who’s Affected?<\/strong><\/span><\/h4>\n

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This increase applies to the wage thresholds for several visa categories, including:<\/p>\n

Onshore Skilled Migrant Category Residence Visa<\/strong><\/p>\n

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

Green List Straight to Residence Visa and Work to Residence roles<\/strong><\/p>\n

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

Parent Resident Visa<\/strong><\/p>\n

People wanting to sponsor their parents on a Parent Resident Visa must earn over the median wage.<\/p>\n

Green List Specifics:<\/strong><\/span><\/h4>\n

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

Exclusion from Increase:<\/strong><\/span><\/h4>\n

Importantly, this increase does not apply to Accredited Employer Work Visas (AEWVs). The existing wage rates will remain in place:<\/p>\n