Marcus Beveridge: Queen City Law Immigration Lawyer on ACT's proposed Permanent Residency Visa shake up
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What is ACT’s proposed change to permanent residency travel rights?
Right, Act wants to shake up permanent residency. Currently, once you get it, you can come and go as you please, right? So the new idea is residents get five year travel rights and you've got to spend at least two of the five in the country. Marcus Beveridge is the managing director, of course, at Queen City Law and he's back with us. Marcus, morning to you. Morning Mike. That's a big F for fail. Is is is it is this a thing?
Why does Marcus Beveridge call the new proposal a ‘big fail’ for immigration?
No, it's stupid. It's um I I don't know what's going on with act, but they they seem to be Just not seeing the world clearly these days. We already have an a a regime that works really, really well. And what they've also done there is probably torpedoed the golden visa without even being aware of it.
How have they torpedoed the golden visa? Because of course you get residency and you come and go as you please and suddenly you've got to stay for two out of five years and you didn't want to.
No, and you become tax resident and and you just you just don't want to and it's just uh the kiss of death.
How would the new rules affect the Golden Visa and tax residency?
We're we're we're off to Hong Kong next week to speak to the n uh Hong Kong Law Society about these very issues, but it's just ill conceived. It's a bit like the impact on so the banning on uh oil and gas. Same sort of impact on the immigration industry. But it's just amazing that they don't do their homework and go and talk to people about these things.
Well, that's disappointing because you would you would concede, trying to be apolitical, you would concede that acts generally have a brain and think these things through. Why would they have missed this, do you think?
I honestly don't know and they may come out and say, Oh, golden visa excluded later today, but it's just we have a system that works really well. It's been the law of the land for thirty years, it's got enough flexibility and and if you want to get become a resident and live elsewhere there's no real problem with that regime.
Why does Beveridge argue the existing system already provides enough flexibility?
Then you've got citizenship, you have to spend one thousand three hundred and fifty days here over five years in any event. So it all it's all self regulating and works and to buy a house you need to be onshore and living here indefinitely. So This this just doesn't make any sense. And it it's it's another sort of I I just don't know where they're coming from, but you've got the loony left and now you've got the kind of mad right and you just
think, Holy heck you know? I think I'm thinking holy heck this morning already, Marcus. I appreciate your time.
What are the broader implications of the proposal for residents and the immigration industry?
Marcus Beverage, who's the MD at uh Queen City Law. It's wan it's why act? are on seven percent. They are into this wonky weird stuff. I'm sure sitting in front of a whiteboard there's some some academics who somehow make sense of all of this button, come on. We got some real bloody problems in this country, and that's not one of them, as far as I can work out.
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Chapters
5 chapters
1
What is ACT’s proposed change to permanent residency travel rights?
0:00–0:21
2
Why does Marcus Beveridge call the new proposal a ‘big fail’ for immigration?
0:21–0:49
3
How would the new rules affect the Golden Visa and tax residency?
0:49–1:32
4
Why does Beveridge argue the existing system already provides enough flexibility?
1:32–2:00
5
What are the broader implications of the proposal for residents and the immigration industry?
2:00–2:28
Speakers
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