Skilled migration to Australia offers a promising opportunity for accountants seeking to advance their careers in a vibrant economy. As someone with extensive experience in the accounting field, I believe I can share insights into the process, costs, and benefits of making this significant move.

Let’s Understanding the Process

Skills Assessment

Before applying for a skilled visa, accountants must undergo a skills assessment. This is crucial as it verifies that your qualifications align with Australian standards. The primary assessing bodies for accountants are:

• CPA Australia
• Chartered Accountants Australia and New Zealand (CAANZ)
• Institute of Public Accountants

To qualify, you need a qualification equivalent to an Australian Bachelor’s degree, covering essential areas like financial accounting, management accounting, taxation law, and business law.

Eligible Accounting Occupations

Accountants have several occupational pathways available that align with the country’s demand for skilled professionals. Understanding these options is crucial for those looking to advance their careers in a vibrant economy.

The following accounting-related occupations are recognized under Australia’s skilled occupation lists, which means they are in high demand and provide a pathway for skilled migration:

1. Accountant (General) – ANZSCO 221111
2. Management Accountant – ANZSCO 221112
3. Taxation Accountant – ANZSCO 221113
4. External Auditor – ANZSCO 221213
5. Internal Auditor – ANZSCO 221214
6. Finance Manager – ANZSCO 132211

These roles are critical in various sectors, including finance, business management, and taxation, making them essential for Australia’s economic landscape.

English Language Proficiency

Proficiency in English is mandatory for all applicants. Accepted tests include IELTS, PTE Academic, and TOEFL. A high score is vital; for instance, an IELTS score of 7.0 overall with no band less than 6.0 is typically required. PTE Academic could be another option which is relatively easier to crack.

Visa Options for Accountants

Accountants can apply for various visa subclasses based on their qualifications and work experience:

• Subclass 189 (Skilled Independent Visa): This is a permanent visa for skilled workers who are not sponsored by an employer or family member.
• Subclass 482 (Temporary Skill Shortage Visa): This allows employers to sponsor overseas workers when they cannot find an appropriately skilled Australian.
• Subclass 186 (Employer Nomination Scheme): For those who have been nominated by an employer for permanent residency.

Costs Involved

The financial commitment to migrate can be substantial. Here’s a breakdown of potential costs:

Expense	Estimated Cost (AUD)	Estimated Cost (BDT)
Skills Assessment Fee	$300 – $1,500	30,000 – 150,000 BDT
English Language Test	$300	30,000 BDT
Visa Application Fee	$4,000 – $5,000	400,000 – 500,000 BDT
Medical Examination	$300 – $500	30,000 – 50,000 BDT
Miscellaneous Costs	$500	50,000 BDT
Total Estimated Cost	$5,700 – $7,100	570,000 – 710,000 BDT

(Note: Exchange rates fluctuate; costs are approximate.)

Benefits of Migrating to Australia

Australia boasts a robust job market with high demand for skilled accountants. The country offers competitive salaries and a high standard of living. According to recent data, the average salary for an accountant in Australia ranges from AUD 60,000 to AUD 100,000 annually. Accountants also enjoy various benefits including work-life balance and opportunities for professional development.

Conclusion

For accountants contemplating a move to Australia, the journey involves careful planning and investment but promises rewarding outcomes. With the right qualifications and determination, you can navigate the skilled migration process successfully and thrive in one of the world’s most dynamic economies. For further details on the migration process and requirements specific to accountants, consider visiting resources like Eduaid or Immiaid Anz or find your own immigration lawyer on OMARA.