NEW ZEALAND – New income thresholds to take effect 24th February 2020

 

The remuneration or pay rate thresholds for the Skilled Migrant Category (SMC) Resident Visa and the Essential Skills Work Visa are usually updated in November each year. This year it is updated later so that workers and employers have more time to prepare for the changes.

 

Starting from 24 February 2020 onwards, The new thresholds are based on the New Zealand median salary and wage rate of NZD $25.50 per hour (up 2% from last year) which is equivalent to NZD $53,040 per year for a 40-hour per week job.

 

Please see the chart above for changes on both visas.

 

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