Obtaining an Australian permanent residency (PR) can provide numerous benefits for Indian students. With a PR, students can live, study in Australia and work indefinitely, and may also be eligible to apply for citizenship. PR holders have access to government-funded healthcare and education, as well as the ability to sponsor family members to join them in Australia. With all these, obtaining a PR can provide Indian students with greater opportunities and stability in Australia.
Australian Permanent Resident Benefit
Having an Australian permanent residency (PR), these are several advantages, provided with information, to be a PR in Australia.
1. Travel In and Out of Australia Identify
This means that you can enter and exit the country as often as you like, without the need for a visa. However, It is also important to note that your initial PR visa in Australia is typically valid for five years. After this time, you will need to apply for a Permanent Resident (PR) Visa Renewal to maintain your PR status.
2. Work without Restriction
One of the Australian permanent resident benefits is that you shall have the right to live and work in Australia indefinitely, and you are generally able to choose any occupation that you are interested in. This means that you are not restricted to working in a specific industry or job role, and you can change jobs or careers as you see fit.
There are some exceptions to this rule, however. For instance, certain types of work may be restricted to Australian citizens only. These may include jobs in the public service or armed forces, as well as some other types of sensitive or high-security positions. If you are interested in working in one of these sectors, you may need to apply for citizenship to be eligible for the job.
3. Sponsor Family Members
With an Australian permanent residence (PR), you may be able to sponsor certain family members to come and live in Australia with you. This can be a great way to reunite with loved ones and provide them with the opportunity to live and work in Australia.
To sponsor a family member, you will need to meet certain eligibility requirements and follow the appropriate application process. This may involve demonstrating that you can provide financial and emotional support for your family member, as well as demonstrating that you have suitable accommodation for them to live in.
You can sponsor the following family members to come to Australia:
Your spouse or de facto partner
Your dependent children
Other dependent family members, such as parents or siblings, in certain circumstances
4. Credit Rating
By demonstrating a stable financial situation and a good credit history in Australia, you may be able to improve your credit rating and make it easier to obtain credit or loans in the future. This can be especially beneficial for PRs who are new to the country and may not have a long credit history in Australia. You can build a strong credit rating that will be recognized by lenders and financial institutions in Australia.
5. First Home Owner Grant
As an Australian permanent resident (PR), you may be eligible for the First Home Owner Grant (FHOG) if you are planning to purchase your first home in Australia. The FHOG is a government program that provides financial assistance to eligible first-time home buyers to help them get a foot on the property ladder.
If you are eligible for the FHOG, you may be entitled to receive a grant of up to $10,000 (depending on the location of the property and the date of the contract). This grant can be used to help cover the costs of purchasing or building a new home, such as the deposit, legal fees, and stamp duty.
6. Student Loans
The Higher Education Support Act 2003 is a federal government act that provides for the financing of higher education in Australia. Under this act, Australian citizens and permanent visa holders are eligible to receive financial assistance for their studies through the Higher Education Loan Program (HELP).
HELP is a loan program that is designed to help students cover the costs of their higher education, including tuition fees and other related expenses. There are several different types of HELP loans, including the Higher Education Loan Program (HELP) and Student Start-up Loan (SSL).
7. Children Born in Australia Get a PR
One of the benefits of having Australian permanent residence (PR) is that if you have children who are born in Australia, they will be deemed automatically Australian citizens by birth. This means that they will be entitled to all of the rights and privileges of Australian citizenship, including access to government-funded healthcare and education.
8. Getting Healthcare
As an Australian permanent resident (PR), you are entitled to access the Medicare system, which is Australia’s national healthcare system. Medicare provides all permanent residents with access to a range of medical services at a reduced cost or no cost, including free treatment at public hospitals and subsidies for certain prescription medicines.
One of the main benefits of Medicare for PRs is that it can help to reduce the cost of healthcare in Australia. By providing access to free or low-cost medical treatment, Medicare can help to alleviate the financial burden of healthcare expenses, particularly for those who may not have private health insurance.
9. Social Welfare Aids
The Social Security Department in Australia, also known as Centrelink, provides a range of social welfare payments and services to assist individuals and families in need. As a permanent resident of Australia, you may be eligible to receive certain social welfare payments after you have been living in the country for two years.
10. Eligibility for Australian Citizenship
To be eligible to apply for Australian citizenship, you must have been a permanent resident of Australia for at least 12 months. Must have lived in Australia for at least 4 years before you apply, including at least 12 months as a permanent resident.
It is important to note that this requirement applies to permanent residents who acquired their permanent residence on or after July 1, 2007. If you acquired your permanent residence before this date, different rules may have applied.