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New Visa Rule: Australia made a big change in the visa policy, know what will be the impact on Indian students

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Australia New Student Visa Rule: The Government of Australia has now made it mandatory that students should have more savings than before to meet the expenses of living in Australia.

Australia New Student Visa Rule: Australia has made a major change in the rules for issuing visas to foreign students. Because of which it has become a little more difficult than before for foreign students to get a visa to study in Australia. In the new visa policy, the required savings amount for a student to enter Australia has been increased.

The Australian government now requires students to have more savings than before to cover the cost of living in Australia, which will be 75% of Australia’s national minimum wage.

New visa rules have come into effect on May 10

Foreign students will have to show at least A$29,710 (₹16,29,964) in savings to qualify for an Australian visa, this rule comes into effect from May 10, 2024.

The government says that this change is being made so that students can meet the necessary expenses while studying in Australia. It is noteworthy that students are not in class 25% of the time throughout the year and during that time they also work part time. Therefore, this new rule will also help the students in better planning for the future.
Increase in savings amount for the second time in the last seven months

Let us tell you that this is the second time in the last seven months, when the Australian government has increased the amount of savings. Earlier in October, this amount was increased from A$21,041 (₹11,54,361) to A$24,505 (₹13,44,405). Was.

In fact, many people had come to Australia after the COVID-19 restrictions were lifted in 2022. Due to this there was a shortage of rented houses to live there. To deal with this problem, the government has made visa rules stricter.

It is important to get good marks in English language test also.

Apart from this, it has now been made mandatory to score good marks in the English Language Test. Also, the government is preventing students from adopting such methods by which they can get their visa extended.

According to Australia Visa News, the number of temporary student visas granted in the country reached a record high of 6,54,870 in July 2023, which is significantly higher than last year.

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Sunil Kumar
Sunil Kumar
Sunil Sharma has 3 years of experience in writing Finance Content, Entertainment news, Cricket and more. He has done B.Com in English. He loves to Play Sports and read books in free time. In case of any complain or feedback, please contact me @sunil.izone@gmail.com

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