With the development of the global economy, Australia has become a popular destination for many international workers. Obtaining an Australian work visa not only provides immigrants with the opportunity to work in Australia, but also brings new challenges in life and financial management. Among them, how to reasonably and safely remit money to Australia has become an important part of workers’ life in Australia.
The following will comprehensively introduce the basic knowledge of Australian work visa, as well as the main channels and recommended ways for workers to remit money to Australia, to help you live more smoothly in a foreign country.
Australia offers a variety of visa options for international workers, including the Temporary Skilled Shortage Visa (TSS visa), the Working Holiday Visa (WHV visa), and the 457 visa.
Each type of visa has specific application requirements and target groups. For example, the TSS visa is mainly for workers with specific skills and usually requires sponsorship from an Australian employer. The Working Holiday Visa is suitable for young people, allowing them to work and travel in Australia for a short period of time.
TSS visas are divided into three categories:
Short-term stream: Allows holders to work in Australia for up to two years in occupations listed on the Short-term Skilled Occupations List (STSOL).
Medium-term stream: Allows holders to work in Australia for up to four years for occupations listed on the Medium-Term Skilled Occupations List (MLTSSL).
Labour Agreement stream: Applicable to occupations guaranteed by a labour agreement.
Applicants first need to confirm whether their occupation is on the corresponding occupation list and choose the appropriate visa category based on the occupation list.
TSS visa requires applicants to be sponsored by an Australian employer. The application process includes the following steps:
Skills assessment
According to the requirements of the applied position, some professions require a skills assessment by relevant institutions. Applicants need to submit materials such as academic qualifications and work experience certificates to prove that they have the skills and experience to be competent for the position.
English language ability
Applying for a TSS visa usually requires proof of English language proficiency. Applicants can prove their English proficiency through standardized tests such as IELTS and TOEFL. Short-term visas generally require an average IELTS score of no less than 5.0, with no sub-score lower than 4.5, while medium-term visas require an average IELTS score of no less than 5.0, with no sub-score lower than 5.0.
Submit a visa application
After completing the employer sponsorship, skills assessment, and language proficiency test, the applicant can submit the visa application online. During the application process, personal materials need to be uploaded, including passport, education certificate, work experience certificate, language transcript, etc.
Medical examination and character certificate
After submitting the visa application, applicants usually need to undergo a medical examination to prove that they do not have infectious diseases or other health problems. In addition, a certificate of no criminal record is required to ensure compliance with the health and conduct requirements of the Australian Immigration Department.
Waiting for approval
After submitting the application, the applicant needs to wait for approval from the Australian Immigration Bureau. The approval time varies depending on the visa type, the specific situation of the applicant, and the processing speed of the Immigration Bureau. Generally speaking, the approval time for short-term visas is shorter, while the approval time for medium-term visas may be slightly longer.
The medical examination and skills assessment during the visa process are usually paid by the applicant, so migrant workers may need to remit money to Australia from overseas to deal with emergencies or pay high bills.
When choosing a remittance method, migrant workers should choose the most suitable channel based on their actual situation, such as remittance frequency, amount, and urgency.
Bank transfer is the most traditional way of cross-border remittance. By transferring money through a bank, workers can ensure the safety of their funds and can transfer large amounts of money. However, bank transfer may result in more intermediaries, longer processing times, and less favorable exchange rates.
In addition to banks, workers can also choose to transfer funds through third-party remittance services.
Common third-party services include Western Union, PayPal, and Wise. These services usually have lower fees and faster processing speeds, but most generally have limits and limited service coverage.
Here I recommend the multi-asset wallet BiyaPay. BiyaPay supports local remittances in most countries and regions around the world, and can achieve same-day remittance and same-day arrival.
For users who pursue fast arrival and low cost, BiyaPay also supports real-time exchange of more than 200 mainstream digital currencies into mainstream fiat currencies such as USD and GBP, with remittance fees as low as 0.5%, and supports large remittances.
Overall, working visas and remittances to Australia are crucial for migrant workers’ lives in Australia. By choosing the appropriate visa type, managing finances, and selecting the best remittance method to Australia, migrant workers can work and live better in Australia. It is hoped that this guide can provide valuable reference for migrant workers working in Australia and help them smoothly spend every day in a foreign country.
*This article is provided for general information purposes and does not constitute legal, tax or other professional advice from BiyaPay or its subsidiaries and its affiliates, and it is not intended as a substitute for obtaining advice from a financial advisor or any other professional.
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