Accredited Sponsorship status is given to large-scale organisations that require an ongoing need for sponsoring international skilled workers. When applications are received by the Department of Immigration & Border Protection priority processing is afforded to applications that are associated with an organisation that has an Accredited Sponsorship status.
Accredited Sponsors are also provided with a longer Business Sponsorship duration of 6 years, instead of the standard 5 years given to ordinary Standard Business Sponsors.
As of 1 July 2016 a number of changes were introduced in relation to the criteria needed to become an Accredited Sponsor which are:
The business must be a publicly listed company, government agency, or private company with at least A$4 Million annual turnover for the previous three years
The business must have been an active Subclass 457 visa sponsor for at least three years with no adverse information being recorded against the organisation such as warnings or sanctions
The business must have sponsored at least 10 457 visa holders in the previous 24 months before lodging an application to become an Accredited Sponsor
The business must have lodged a certain amount of ‘decision-ready’ applications over the last two years
The business must have had a non-approval rate of less than 3% for the previous three years
The workforce ratios in the business must be made up of at least 75% of Australian employees working in Australia and have a genuine commitment to maintain that level
If your organisation is considering becoming an Accredited Sponsor please contact Ethos Migration today for further information.
Nomination applications from Accredited Sponsor’s that have a nominated base salary equal to or greater than the Fair Work High Income Threshold ($138,900 as of 1 July 2016) will be provided streamlined processing arrangements.
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