CPA Australia welcomes New Zealand SMC Resident Visa rule changes

CPA Australia has welcomed the updated New Zealand Skilled Migrant Category (SMC) Resident Visa settings.

The accountancy body said the updated rules will now recognise eligible members under the occupational registration pathway.

This allows CPA Australia members who can perform the work of a qualified statutory accountant in New Zealand to claim six points under the SMC pathway.

Six points is the minimum required to apply through the points-based route, alongside a skilled job or job offer that meets Immigration New Zealand requirements.

CPA Australia Regional head Rick Jones said the change was a “positive outcome for CPA members”.

Jones said: “This is welcome recognition of the capability, professional standing and global mobility of CPA Australia members.

“We advocated for this change because our members already hold a qualification that meets New Zealand’s standard for financial and accounting professionals.

“Our members bring high-quality professional skills, international experience and trusted expertise to the markets in which they work.

“For an accountant considering a move to New Zealand, or already working here on a temporary visa, this changes the calculation.

“We encourage members to review the requirements carefully and seek advice on their individual circumstances.”

Eligibility depends on both an applicant’s membership status and the work they undertake.

CPA Australia represents more than 176,000 members worldwide, including around 3,500 in New Zealand.

Jones concluded: “Skilled migration complements New Zealand’s domestic workforce by bringing in professionals with global perspectives and practical business insight.

“This diversity of experience strengthens the profession and supports the local businesses and communities these accountants advise.”