Work and Holiday Visa (subclass 462)
Your Third Work and Holiday Visa
To be eligible for the third Work and Holiday Visa you must:
- hold a valid passport from an eligible country (list).
- be between 18 to 30 years old inclusive.
- have completed 6 months of specified subclass 462 work in northern or regional areas while holding your second Work and Holiday visa. All work must have been carried out on or after 1 July 2019.
- not be accompanied by any dependent (ex: children).
Duration:
You are in Australia on your second Work and Holiday Visa or a bridging visa granted after the second visa expired: The visa is valid 12 months from the date the second visa expired.
You are in Australia on a different visa: The visa is valid 12 months from the date it is granted.
You are outside Australia: You must enter Australia no later than 12 months from the date the visa is granted. It is activated and valid 12 months from the date you enter Australia.
Work/Study Conditions:
Like the first and second Work and Holiday Visa, the third Work and Holiday Visa lets you study for up to 4 months (17 weeks) and usually work for up to 6 months with one employer.
The 6 month work limitation resets when you are granted a third visa which means that you can work another 6 months with the employer you worked for on your first and/or second visa.
If you work, tax will be withheld from your pay. As a work and holiday maker, you are not a “resident for tax purposes”, therefore the first $37,000 of your income is taxed at 15% and the balance is taxed at ordinary rates.
If you are eligible, your employer also has to pay superannuation for you.
When you leave Australia, you can apply to have your super paid to you as a Departing Australia Superannuation Payment (DASP), a tax of 65% is applied.
Financial requirements:
You must have enough money to support yourself while you are in Australia. This is usually about AUD5,000 for your initial stay, plus the fare to where you are going after leaving Australia.
Health insurance:
Unless your home country has a reciprocal healthcare agreement with Australia, it is highly recommended to have a health insurance as you are personally liable for all your healthcare costs.
Processing time:
No statistics yet (DoHA source from 01/08/2019) to get the last stat click here
How can AXYN assist you?
More than ever, we highly recommend you to contact us to discuss the best strategy to reach your immigration goals.
Depending on your specific circumstances (occupation, qualifications, marital status, English level, etc...), several visas might be available and knowing your options - and their implications - upfront will assist you in making the best decision.