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How to Immigrate to Australia as an Accountant? ARZ Consultants

immigrate to australia as an accountant

How to Immigrate to Australia as an Accountant?

This blog will outline the process for immigrate to Australia from Saudi Arabia as an accountant.

Australia has been a favorable destination for skilled personnel, with one of the most sought-after professions being among its most popular.

Having a very stable economy, good living standards, and an increasing demand for qualified accountants in a variety of industries, Australia definitely presents great opportunities to build a promising career and life in abroad.

If you are a qualified accountant hoping to immigrate into the country, this comprehensive guide will take you through that whole process systematically.

Immigrate to Australia – The Demand for Accountant

Australia’s economy is fueled by industries such as finance, real estate, education, construction, and healthcare.

Each of these sectors engages accounting professionals for financial management, auditing, compliance, and advisory services. As organizations worldwide seek qualified professionals who can ensure sound financial practices, the demand for skilled accountants has been rising unceasingly.

The pandemic business environment has put an even greater premium on the services of people who provide strategic financial direction, hence making accounting a priority profession for migration. 

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Also Read: Top 5 Reasons for Rejection of Australia PR Application

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The Australian Skilled Occupation List Explained

You must check if the Australian Skilled Occupation List (SOL) includes your occupation before you apply for any skilled migration visa.

Several accounting roles, including general accountant, management accountant, and taxation accountant, list their associated ANZSCO codes as 221111, 221112, and 221113, respectively.

As these positions fall within the MLTSSL, such entry allows independent skilled migratory applications without the requirement of a job offer or state sponsorship.

This creates a pathway for various visas like the Skilled Independent Visa (subclass 189), the Skilled Nominated Visa (subclass 190), or the Skilled Work Regional (Provisional) Visa (subclass 491).

Satisfying the Point Requirement

Australia runs a points-based system to assess applicants for skilled migration visas. To be eligible, one has to accumulate at least 65 points considering the factors provided: age, English language ability, educational qualifications, work experience, and others.

Young professionals within the ages of 25 to 32 will generally score maximum points of the age category. Recognized tests such as the IELTS or the PTE will determine test scores for English, which also add significantly to the tally.

Points will be maximally awarded for the holding of qualifications and relative work experience in accounting. The higher the points, the better the chances of receiving an invite to apply for a visa.

Undergo Skills Assessment from the Designated Body

Another compulsory step in your migration process is obtaining a positive assessment of your skills by an assessment authority. The bodies for assessing accounting professionals are CPA Australia, Chartered Accountants Australia and New Zealand (CA ANZ), or the Institute of Public Accountants (IPA).

Such organizations will assess your qualifications and work experience to Australian standards for the occupation nominated. You should have a qualification of at least a Bachelor’s degree in accounting or a related field.

Further, the authority might ask you for your proof of English proficiency, course content, and validation of your transcripts.

Submitting an Expression of Interest (EOI)

Once you have a positive skills assessment, the next step is to lodge your Expression of Interest (EOI) via SkillSelect, the online system of the Department of Home Affairs.

Your EOI includes important information about yourself, such as your qualifications, skills, work experience, and the visa you are applying for. After providing the information, the SkillSelect system will calculate your points and will rank your application against other applicants.

No fee is required at this time. If your profile has a high enough rank, you will receive an Invitation to Apply (ITA) for your nominated visa.

The processing duration until receiving the ITA will depend on various factors such as your particular occupation, total points score, and chosen visa subclass.

Choose which Visa Pathway is Best for You

There are several visa options open to skilled workers in Australia. The Skilled Independent Visa (subclass 189) enables you to live and work anywhere indefinitely in Australia without an employer or a state sponsoring you.

It suits applicants with a high point score who prefer complete freedom to decide where they wish to settle. The Skilled Nominated Visa (subclass 190) is sponsored by a state or territory government and leads to permanent residency.

The states usually nominate accountants based on their labour market needs, and such nomination can add extra points to their score.

The Skilled Work Regional (Provisional) Visa (subclass 491) requires nomination by either a regional area or eligible family sponsor residing in a designated regional area.

This visa is a temporary one for five years, but this grants immediate transition to permanent residency after working and living in regional Australia for three years. Your actual pathway for the visa will depend on your own score, your preference, and the area where you wish to settle. 

Meeting health and character requirements

You and your family members must comply with Australia’s health and character requirements for the Visa application process.

This requires you to undergo a medical examination by an approved panel doctor and submit valid police clearance certificates from each country where you lived for more than 12 months within the last 10 years.

The health checks ensure that migrants will not endanger public health or safety. A criminal record for major offenses or a health concern could have a bearing on your visa application outcome.

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Also Read: What is the Difference Between Australia Subclass 491 and 190 Visas?

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Applying for the Visa

Once you receive the ITA, the next step is to complete a full application through the ImmiAccount within 60 days of receiving the invite.

Also, prepare every supporting document that applicants will submit: skills assessment, qualification, English test, work experience letter, and other identity documents, to name a few, such as a copy of passports and photos.

Pay particular attention to the accuracy and consistency of your documentation because applying for a visa is an exercise in securing error-free outcomes.

The Department of Home Affairs can review your application, with some requests for further information and interviews, once you submit it.

Prepping for Life in Australia

It may also be time to start preparations for life after the visa is granted. Accountants in Australia not only enjoy good quality lives with good salaries and job prospects but also good work-life balance.

Moreover, It’s the best time to Immigrate to Australia as Demand for accountant is even more heightened in major metropolitan cities, including Sydney, Melbourne, Brisbane, and Perth. Almost every sector employs accountants, for instance, banking, government, education, and private practice.

Professional bodies such as CPA Australia and CA ANZ also provide a good opportunity for networking and information regarding job openings and trends in the industry.

It is also good to familiarize oneself with the Australian workplace culture and the Australian taxation system, as this experience abroad will be helpful, but understanding local business practices will have a great effect in enabling your adaptation and career advancement.

Attend workshops, seminars, or online courses to gain a better understanding of local accounting standards and practices.

Conclusion

Immigrate to Australia as an accountant is a very fulfilling opportunity where one can get exposure to the world, earn good money, and have a quite fulfilling life. While the process is indeed very organized and detailed, it is by any means achievable if well planned and prepared.

From making sure that your occupation is on MLTSSL, acquiring a successful skills assessment, gathering the necessary points, selecting the correct visa and submitting a documentary application-each step matter in this migration journey.

Not just trained for a successful career but also having an assurance from the economic status of the land, the kind and appealing society, and respect towards skilled immigrants, Australia has become an ideal destination for accountants who are pursuing more opportunities for better careers and lives.

It may mark today as the beginning of your journey from being a hopeful immigrant to a success in Australia with the most appropriate approach.

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