Benefits of Permanent Residency in Australia

Australia is a beautiful country to work and live in. There are many individuals who are looking to migrate to Australia and create a better life for themselves and their families. There are certain visa options and programmes that you can select to obtain entry to the country. There are agencies that offer guidance with all documentation and requirements that you should fulfil to ensure a shorter process.

Some of the common permanent visa types are family visas and skilled visas. There is also an investor stream that you can pursue that is called subclass 888B visa Australia. This is the Business Innovation and Investment visa. To be eligible for this type, you have to meet the requirements set by Home Affairs. It can be a bit confusing to understand how long you can live in the country once your permanent visa is approved. As per the law, you will be able to stay indefinitely once you have permanent residency as long you stay in the country. Once you obtain the visa, you will need to fly to Australia within 1 year in order for this to be activated. You can stay outside the country after this but after 5 years of not being in Australia, you can lose residency status. But this will not apply if you are living in Australia all this time. You have to ask your agent and the relevant authorities about how the expiry dates will apply to you when you choose to travel outside the country.

You will be able to enrol in Medicare which is controlled by the government. This is the health care system of the country. You will be able to get free health care in public hospitals. Some medical services and medications will have subsidised fees. There is free mandatory immunisation for you and your family. You will be able to get treated in any public hospital or Medicare service provider. You can also buy existing residential properties. There is no surcharge when you buy a property and there are certain tax incentives that are provided for people looking to buy homes. You can also apply for a first home owner’s grant or apply for bank loans in order to buy property. There are also certain social security benefits that you will be eligible for with permanent residency.

When you have a child in Australia, the price of childcare can be quite high. But you will be able to obtain certain child care allowances and rebates. Some of the benefits will depend on the income you receive.  You can also send your children for public education. There will be a subsidised or free rate for public education in the country. Once you have permanent residency, you will be able to work in Australia. Most companies in the country ask for provisional or permanent residence status when you apply so it will make it quite difficult for you to find a job if you don’t have either status. Obtaining a work permit ca