Australia currently ranks as the fourth most expensive country in the world. The Department of Immigration and Border Protection wants applicants to prove they have enough funds for their stay in Australia and the amount depends on the visa and its subclass. Many business and retirement visas require applicants to show they have financial assets and investments which amount to a certain value. You must prove you are financially sound or you may face a visa rejection.
Australia is an incredibly popular destination for skilled migrants, with over 128,500 places available in 2015-2016 under the country’s General Skilled Migration (Skillselect) program. Under the Skillselect program skilled worker applicants can gain a permanent Australia visa; using their qualifications, work experience and language ability to meet the Australian immigration requirements.