Restrictions On The 457 Visa
The visa conditions state that the worker is confined to the nominated occupation, and that any period of unemployment cannot exceed 28 days.
457 visa holders are allowed unlimited travel outside of Australia and are eligible for borrowing from the banks in Australia. Since many 457 visa holders are in Australia for long term employment and also many end up becoming permanent residents, Australian banks are comfortable with allowing 457 visa holders to borrow.
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