Australia · Skilled Worker Visa

Work and Holiday visa (subclass 462)

By António Mira, Founder · Member, Arab-Portuguese Chamber of Commerce & Industry (CCIAP) & Portuguese-Saudi Business Council (PSBC)
✓ Verified against the official government source · Last verified 2026-06-21 · Our methodology
5/10 diff
Challenging

Reciprocal youth-mobility visa for citizens of 30 partner countries/jurisdictions (different from 417). Same 12-month si…

Min income
Processing
Path to PR
No
Job offer
Not required
Direct answer

Reciprocal youth-mobility visa for citizens of 30 partner countries/jurisdictions (different from 417). Same 12-month single stay; full work rights (max 6 months per employer); up to 4 months study; extendable to 2nd/3rd with specified work. Age 18-30 across all partners. Adds tertiary-education + functional-English requirements + government letter of support for most partners. Country-specific annual caps apply for several markets.

At a Glance

Visa Duration
12 months
Processing Time
Min Income
Path to PR
No
Difficulty
5/10 — Challenging

Eligibility Requirements

RequirementDetails
Age Range18–30
Education Requiredvocational
Job Offer RequiredNo
Sponsorship RequiredNo
Language RequiredB1
Health Insurance RequiredNo

Financial Requirements

ItemAmount
Minimum Savings€3,036

Family & Rights

RightDetails
Family AllowedNo
Spouse Can WorkNo
Path to Permanent ResidencyNo

Related Pathways

Cost of Living

Sydney
Single (monthly)€3,140
Family (monthly)€5,650
Rent 1BR (center)€2,072
Groceries€785
Transport pass€188
Melbourne
Single (monthly)€2,503
Family (monthly)€4,800
Rent 1BR (center)€1,475
Groceries€626
Transport pass€150
Brisbane
Single (monthly)€2,448
Family (monthly)€4,550
Rent 1BR (center)€1,565
Groceries€612
Transport pass€147

Frequently Asked Questions

What is the Work and Holiday visa (subclass 462)?

Reciprocal youth-mobility visa for citizens of 30 partner countries/jurisdictions (different from 417). Same 12-month single stay; full work rights (max 6 months per employer); up to 4 months study; extendable to 2nd/3rd with specified work. Age 18-30 across all partners. Adds tertiary-education + functional-English requirements + government letter of support for most partners. Country-specific annual caps apply for several markets.

What are the financial requirements for the Work and Holiday visa (subclass 462)?

Applicants need minimum savings of €3,036. Additional costs may include relocation expenses, insurance, and document attestation.

Can I bring my family on the Work and Holiday visa (subclass 462)?

Family accompaniment may be limited on this pathway. Check current regulations for the latest family reunification rules.

Can the Work and Holiday visa (subclass 462) lead to permanent residency?

No — this is a temporary pathway and does not itself lead to permanent residence. Holders often switch to a different route to pursue settlement.

Are there alternative pathways to Australia?

Yes. Australia offers 24 other immigration pathways. Compare all options on our Australia country page.

What is the cost of living in Australia?

Monthly costs for a single person in city center: Sydney: €3,140/mo; Melbourne: €2,503/mo; Brisbane: €2,448/mo. These include rent, groceries, transport, and utilities.

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Official source

Requirements on this page are based on this official/primary source:

Data last verified: 2026-06-21 · See our methodology

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