Many migrants believe that if they have bought a property in a foreign nation, like Australia, he automatically gets a permanent residency status in that nation. This is incorrect. Being the owner of or buying an asset or a property at an overseas destination, like Australia, does not guarantee that a migrant won’t have to leave the shores of that particular nation; post his visa loses its validity.

In the eventuality of the permit of an immigrant losing its validity he has to leave the shores of the involved country for his home nation. Further, he has to dispose-off his property–or if he wants–he may offer his property for rent, and may take home an income from his rented house even when he may not be physically present in the involved overseas country. Renting one’s property is secure & safe—the reason being there are several nice and trustworthy property agents and rental organizations, which nicely and properly look after and manage handle one’s rented properties.

Australian 457 Work Permits Doesn’t Guarantee Permanent Residency

Several migrants have received Australia 457 Work Permits. These are temporary employment permits created for the trained and/or experienced employees. The said permit is valid for just 4 years, and not beyond. In case a person has successfully met his 2-years of job criteria–minus any major issues or difficulties–then according to the wishes, or the specific needs of his recruiter/firm, the validity of his permit may be extended.

The same is achieved when the recruiter/firm offers sponsorship, via proffering permanent residency in the country. Under such situations, a person may remain in that nation. All he has to do is grab the chance. In case he does not accept the offer, he would have to leave for his home country.

It must be noted that there is no compulsory regulation that one’s recruiter/enterprise has to offer sponsorship to its employees for permanent residency. The decision lies solely with the concerned employer/enterprise, if it wishes a specific worker inside the nation for long. Further, no employer/enterprise may keep a worker employed against his wishes either. In case one’s present firm/boss has such an offer for a person, then he does not have to do anything with a view to amend his status, via applying for any another permit, etc.

This takes us back to the title of the subject under discussion. Hence, in case a person has bought any property in Australia–prior to departing from the nation–he has to dispose it off. A migrant may get pleasure from the permanent residency, only in case he moves to the nation on a permanent basis, via a Permanent Permit, or gets the residency status, thanks to his employer.