Subclass 189 (Skilled Independent Visa)
There is no specific requirement for settlement funds for the primary applicant. However, you are still expected to demonstrate that you have sufficient funds to support yourself and your family members until you secure employment in Australia.
Subclass 190 (Skilled Nominated Visa) and Subclass 491 (Skilled Work Regional (Provisional) Visa):
The specific settlement funds requirement is determined by the state or territory government that nominates you. Each state or territory has its own guidelines and may specify the minimum funds required. It is important to check the relevant state or territory government website or nomination guidelines for the most accurate and up-to-date information. Or Consult well experienced Australia Immigration Consultant for the most accurate and updated Information.
It's worth noting that the settlement funds requirement may vary depending on factors such as the number of family members included in the application. The purpose of these funds is to demonstrate that you have the means to support yourself and your family upon arrival in Australia.
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Please keep in mind that immigration policies and requirements keep on changing over time, so it is crucial to refer to the official website of the Australian Department of Home Affairs or consult a migration agent like Aptech Visas and Immigration dealing in Australia Immigration for more than 18 years for the most current and accurate information regarding settlement funds for Australian permanent residency applications.