The Department of Home Affairs vide their email dated 21 June 2023 has informed all the migration agents that as there is no legislative instrument in place specifying a minimum income threshold for Permanent Residence (Skilled Regional) visa (subclass 191), there is no minimum income requirement for this visa.
The Permanent Residence (Skilled Regional) visa in the Regional Provisional Stream is the pathway to permanent residence for eligible holders of the Skilled Work Regional (Provisional) (subclass 491) and Skilled Employer Sponsored Regional (Provisional) (subclass 494) visas. This visa allows people who have lived and worked in designated regional areas of Australia on an eligible visa, live and work in Australia permanently provided that they must have complied with the conditions of their eligible visa.
There was some confusion related to the requirement of minimum income threshold for Permanent Residence (Skilled Regional) visa (subclass 191). It must be noted that for Permanent Residence (Skilled Regional) visa (subclass 191), there is no minimum income requirement, as there is no legislative instrument in place specifying a minimum income threshold for this visa. The change in TSMIT would not affect the eligibility of applicants for Subclass 191 visas by changing the minimum income threshold required for eligibility.
However, the primary applicants for sc191 visa must provide notices of assessment issued by the Australian Taxation Office (ATO) for three income years out of the five years of their eligible visa. Primary applicants who have already lodged should check and ensure their application provides these three notices.
The Australian Government is committed to a simpler migration system that serves national interest and which helps migrants already living and working in Australia with the skills that Australia needs to thrive by providing clarity on their prospects for permanent residence.