188 Visa Program Allocation Update
As of 24/08/2023, the Australian Government has announced that allocations for 188 Visas will be 0 in the upcoming year. Currently, some clients who have submitted their visas in 2021 and 2022 are still awaiting approvals.
Reducing the planning level for BIIP will ensure the 2023–24 permanent Migration Program has a greater focus on addressing immediate workforce shortages. It will continue to provide places to those business and investor migrants who can best contribute to Australia’s economic growth. It will also provide places to entrepreneur migrants whose innovations can increase the productivity of Australian businesses.
KINX will continue to update all clients and investors for new policy changes.
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