Posted in Immigration News, tagged 4 Corners, advisors, affected, affected by the collapse of 4 Corners, agent, and our fees, application, assist, Australia, Australian migration, client, client files, collapse, contact us, contact us www.gomatilda.com, customer care, discuss, fees, files, firm, Go Matilda, Go Matilda's help, help, how Go Matilda might help, immigration, Immigration News, instruct, instructed, instructed 4 corners, invited, migrating, migration agent, New Zealand, offices in Australia, please, progressed quickly., promptly, proposing fees., recent collapse, reliable, retained, sorry, status, strategy, sympathetic, take delivery, uk, UK based, visa, visa process, your visa, your visa application on June 12, 2009|
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Go Matilda is sorry to learn of the recent collapse of UK based Australian migration advisors 4 Corners, and is ready to assist affected individuals.
We understand that individuals who had instructed 4 Corners in the UK are being invited to instruct another firm, with several client files now retained in New Zealand.
Go Matilda will be pleased to discuss application status and strategy with affected individuals, and will be sympathetic in proposing fees.
If instructed, we are also able to take delivery of client files at our offices in Australia, so that client matters can be progressed quickly.
If you are affected by the collapse of 4 Corners and would like to discuss your visa application, how Go Matilda might help, and our fees, please contact us.
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Posted in Immigration News, tagged 10 years., 2 years, 4 years, advice, advisors, attaching., Australian, Australian communities, Australian Tax Returns, British, British Expat Retirees, ceased, condition, consultants, discussion, expat, extend, few firms, firms, government, granting, granting permanent residency, group, Health, health requirements, Immigration Ministers, Immigration News, initial validity period, internet, legislate, Listen, lodgment, long, long-term, Matilda Accounting, Matilda Accounting and Tax, Medicare, move, no work, no work condition, personal, position, preparation, provide, relaxations, relaxed, remove, renewals, required, residency, restriction, retirees, Retirement visaholders, Retirement visas, returns, rollover period, strategic, subclass 410, subclass 410 visas, Successive, sympathetic, tax, tax planning., temporary, temporary residency visa, term, The Australian., validity period, visa, visaholders, visas, welcome, willing, Work rights, working on June 4, 2009|
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In a welcome move, the Australian Government has said it will legislate to extend the validity period of subclass 410 Retirement visas to 10 years, and remove the working restriction on these visas.
Subclass 410 Retirement visas ceased to be available to new applicants at the end of June 2005, but there are nevertheless some 8,700 410 visaholders in Australia at the moment.
The 410 visa is a long term temporary residency visa, with an initial validity period of 4 years. Initially renewals of this visa were required every 2 years, and there was a no work condition attaching.
Work rights were relaxed in 2003, and relaxations to the health requirements upon renewal of 410 visas were announced later that year.
In 2005 the rollover period for 410 visas was extended from 2 years to 4 years.
Successive Immigration Ministers appear to be sympathetic to the position in which Retirement visaholders find themselves. Many 410 visaholders are now long standing members of Australian communities, and granting permanent residency is a natural next step – the present Minister appears willing to listen to representatives of the 410 cohort, and in extending the renewal period to 10 years is (we would submit) providing quasi-permanent residency to affected individuals.
| Full access to Medicare appears to be the main issue with this visa category, together with an ongoing requirement to maintain private health insurance.Indeed, with temporary visaholders being able to structure their personal tax affairs such that overseas source income (including UK source pensions) are not subject to tax in Australia, some would contend that 410 visaholders are in a good place visa and tax wise.If you are a subclass 410 visaholder and would like to discuss your personal tax and financial position please contact us at our Perth or Geelong office. Go Matilda Accounting and Tax is one of the few firms of advisors that have consultants with knowledge across the UK and Australian jurisdictions, and are therefore ideally placed to assist with the preparation and lodgment of UK and Australian Tax Returns, and to provide strategic advice on personal tax planning.
We also recommend that Retirement visaholders visit the internet discussion group that lobbies for the interests of individuals holding subclass 410 visas – British Expat Retirees In Australia, or BERIA: see the weblink below. |
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http://groups.yahoo.com/group/BERIA/ Source : www.gomatilda.com |
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