Get-Australian-PR

How to get Australia PR as an accountant from India?

17-06-24
Yogesh shukla
200

Are you an Indian Accountant looking for an opportunity to settle in Australia as a permanent resident then this article will guide you from start to end on how to go through the process. According to a report published by CPA Australia in January 2024, the number of students finishing accounting bachelor's degree programs and above has nearly halved to 2,278 each year in the ten years leading up to 2020. We should anticipate further growth in the number of Accounting Services enterprises in Australia, which was estimated to be 37,428 (as of 2024) and up 2% from 2023. The Australian accounting services sector employs 128,870 workers, who have provided help to 37,000 enterprises. The number of degrees accessible each year is 2,278; so, the lack of accountants will persist. Hence all Australian industries and businesses are on the lookout for offshore skilled workers who can work for them.

Mentioned below in the table is the most appropriate visa subclass and occupation list where Accountants are in demand in 2024.

Occupation

Subclass

List

Accountant (General)

Subclass 189 – Skilled Independent

Subclass 190 – Skilled Nominated

Subclass 491 – Skilled Work Regional

MLTSSL

Taxation Accountant

Subclass 189 – Skilled Independent

Subclass 190 – Skilled Nominated

Subclass 491 – Skilled Work Regional

MLTSSL

Management Accountant

Subclass 189 – Skilled Independent

Subclass 190 – Skilled Nominated

Subclass 491 – Skilled Work Regional

MLTSSL


Stated below are the states that have a high demand for Accountants in Australia in 2024:

  1. Australian Capital Territory
  2. New South Wales

The demand for occupations keeps on changing as and when the State Occupation list gets revised so it is advised to the applicants who wish to immigrate to Australia as an accountant that they consult the Australia PR Consultants to stay updated.

How to apply for Australia PR as a consultant from India?

Getting an Australia PR as an accountant from India requires several steps starting from checking your eligibility till you receive your Australia PR and fly to Australia. Mentioned below are the steps you need to follow:

  1. Get your eligibility checked:

Before you begin the application process you need to check if you are passing the 65 points criteria based on your age, education, work experience, education, etc.

 

Also, your Occupation should be in demand-  Your occupation must be on the relevant MLTSSL.  You must have your skills assessed by a designated assessing authority. For accountants, this is usually CPA Australia, Chartered Accountants Australia and New Zealand (CAANZ), or the Institute of Public Accountants (IPA).

 

  1. Skills Assessment –

One of the biggest accounting associations, Certified Practising Accountants Australia (CPAA), has more than 163,000 members in 125 nations and territories. Established in 1887, the Incorporated Institute of Accountants, Victoria, marked the beginning of CPA Australia's history. Members of CPAA can avail themselves of services such as advocacy, technical support, education, and training. Its five jobs, or roughly 1% of all the occupations on the combined current list of qualified occupations, fall under its purview as an evaluating body.

 

  1. What is the process for getting the Skill Assessment?
    In addition to CPAA, the Department of Home Affairs has recognized two other assessing organizations, Chartered Accountants Australia New Zealand (CAANZ) and the Institute of Public Accountants (IPA), to conduct skills assessments for accounting jobs on the combined current list. Candidates must select a single authority and submit their credentials and skilled employment evaluations to the same company. The assessment standards used by CAANZ and IPA may not align with the CPAA regulations that are covered below.

    Although the qualifications evaluation and the skilled employment assessment are different processes, candidates may submit a single application for both. Nevertheless, CPAA will only evaluate employment under the same designated occupation and only if an applicant's qualification assessment results are determined to be favourable by CPAA.

    b) Results from the English Language Test (IELTS) that are no older than three years must be provided by all applicants. The minimum scores for each module in a comprehensive skills assessment must not be less than those shown in the following table. The English language requirement will also be satisfied if the Accounting Professional Year Program is completed successfully.
     

Module

IELTS Academic

CAE

TOEFL

PTE Academic

Listening

7

185

24

65

Reading

7

185

24

65

Writing

7

185

27

65

Speaking

7

185

23

6

 

  1. Education Qualification:
    Applicants must possess a qualification deemed to be at least comparable to an Australian bachelor's degree to be considered for the full skills assessment. CPA Australia evaluates the comparability of foreign qualifications to the Department of Education and Training's requirements. Should the qualifications lack official accreditation from CPA Australia, the application must include a comprehensive syllabus.

    Furthermore, the relevance of qualifications is evaluated in competency domains. All accounting occupations require the first seven competencies from the following nine fundamental knowledge areas. Only external auditors and tax accountants are required to possess the final two competencies, audit and assurance, and Australian tax law, respectively.

  Core Knowledge Areas

1. Accounting Systems and Processes

2. Financial Accounting and Reporting

3. Management Accounting

4. Finance and Financial Management

5. Economics

6. Business Law

7. Quantitative Methods

8. Audit and Assurance

9. Australian Taxation Law

Core Knowledge Area

Accountant General 221111

Taxation Accountant 221113

Management Accountant 221112

8

Optional

Optional

Optional

9

Optional

Mandatory

Optional

 

  1. Employment
    The same evaluating body that did the qualifications assessment must also complete the skilled employment assessment. Only duties closely connected to the same nominated occupation used in the credentials assessment will be considered by CPAA for skilled employment. If employment was:

    Completed within 10 years of the skills assessment application date, a minimum of 1 year in total, paid, full-time equivalent (minimum of 20 hours per week), and following completion of a tertiary qualification equal to an Australian bachelor's degree or higher
    Employment durations overlapping or lasting less than three months in a single function won't be considered. Pay stubs and employment reference letters are required.

 

  1. Submit your Expression of Interest
    You can use the Department of Home Affairs' Skill-Select system to submit an Expression of Interest (EOI) after meeting the eligibility requirements and receiving a positive skills assessment. Give truthful details about your education, training, and professional background. If appropriate, also say which subclass of visa you would desire and which state or territory you would like to be nominated for.

  • Subclass 189 Skilled (Independent)
    With the subclass 189 visa, you are allowed immediate permanent residence in Australia. As an accountant seeking permanent residence in Australia, you must get at least 65 accounting points in the migration points test to be eligible for this type of visa.
  • Subclass 190 Skilled (Nominated) visa 
    The same holds with the category 190 visa, though to be eligible, you must be nominated by a State or Territory government. Please take note that as a result of the nomination, you will receive an extra 5 accounting points for PR in Australia.

 

  • Subclass 491 Skilled Work Regional Visa (Provisional)

As an accountant, you may also be sponsored for a Subclass 491 Skilled Work Regional (Provisional) visa by a qualified family or nominated by a State or Territory government body. Additionally, this visa is point-tested. This means that you need to receive at least 65 accounting points for permanent residence in Australia to be able to apply for and be granted a subclass 491 visa. You will receive 15 extra accounting points for PR in Australia through this visa option for sponsorship or nomination. After three years, holders of eligible subclass 491 visasmay be eligible for a Subclass 191 Permanent Residence (Skilled Regional) visa.
The category 491 visa has a five-year term. If you have a subclass 491 visa, you may only reside, work, and study in specific regional areas of Australia, together with any dependents that follow you.

Holders of subclass 491visas are allowed to enrol in Medicare, Australia’s public health program, and are free to travel to and from Australia for the duration of the visa.


4) Get an invitation to apply, or an ITA


The following phase in the PR process for Australia! Hold your breath and wait for your application invitation (ITA).
An invitation to apply (ITA) will be sent to applications with higher EOIs, which raises your chances of being granted an Australian PR visa.

5) File Your Application for a Permanent Resident Visa in Australia
You have to apply online for the visa as soon as you receive the invitation. You will have sixty days from the date of ITA receipt to assemble the required documentation and your police clearance or a medical certificate and file a residency application. Make sure you include correct and precise information in your application.

All you have to do at this time is patiently wait for the decision.
After processing, Australian Immigration will decide whether to approve or reject your application. If your application is accepted, you will receive a permanent resident visa for Australia and be able to travel to one of the world's most advanced nations.
 

Immigrating to Australia as an accountant from India requires careful planning and thorough preparation. By ensuring your qualifications are recognized, demonstrating your English proficiency, and strategically selecting the right visa category, you can enhance your chances of a successful application. Engaging with a migration agent or immigration consultant can also provide valuable support and increase your likelihood of navigating the process smoothly.

For more information, you can refer to our Australia Immigration Consultants at9289289006, 7503832132, or 9131059075. You can also refer tohttps://www.aptechvisa.com/australia-pr

 

Book your consultation
W10=