YOUtax Blog

457 Visa Holder

Posted by Rebel Beckett on Jul 11, 2018 10:48:48 AM

 

Are you a 457 Visa holder looking to apply for permanent residency within Australia?

DID YOU KNOW…

As of the submission date for your application for permanent residency, you immediately qualify to enter the Australian Medicare System and thus are required to pay the Medicare Levy and Medicare Levy Surcharges (if applicable for higher income earners).

 

DON’T GET STUNG…

  • For higher income earners who qualify for the Medicare Levy Surcharge can claim exemption with a qualifying Private Health & Hospital Care cover
  • Double check your employer benefit health coverage to cancel Overseas Visitors Health Insurance Policy or change to an applicable Hospital Cover policy
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