I’ve always maintained that having a second passport is important in terms of spreading your political risk beyond one jurisdiction and further the whims of one government. In fact, Doug Casey agrees.

When you have a second passport, you become freer to travel, bank, invest, reside and do business in places that you were unable to previously. Obtaining a second passport can open the door to a world of internationalization options for your assets and income that are off limits to citizens of certain countries.

If you intend to obtain a second passport in Australia, I though this list written by Shamsher Kainth would help you a lot.

Australia has announced the new skilled occupation list for the immigration intake program for the year 2017-18. The new occupation list takes effect on Saturday, 1st July 2017.

Applicants for General Skilled Mirgration are required to nominate an eligible occupation from the Medium and Long-term Strategic Skills List.

Applicants for the following visas can nominate an occupation from the MLTSL

Subclass 189 (Skilled—Independent) visas; and

Subclass 489 (Skilled—Regional (Provisional)) visas by applicants who are not nominated by a State or Territory government agency; and

Subclass 485 (Temporary Graduate) visas.

The new MLTSSL has 178 occupations that can be nominated for skilled migration to Australia.

Each year, the Department of Education and Training advises the Minister for Immigration and Border Protection on the composition of the skilled occupation list.

The suitability of occupations for inclusion on the SOL is assessed through a two-step process. The first step involves identifying occupations that are most susceptible to supply constraints and are likely to warrant government intervention to address these constraints.

The second step involves assessing the medium to long-term skill needs of the economy for each occupation identified in step one, to determine if the occupation would benefit from skilled migration.

12 occupations have been entirely removed from the list of eligible skilled occupations, nine of these were eligible for 457 and 186 visas on 19 April 2017.

A number of occupations have been added to the lists for certain visa programmes and some additional occupations have moved between the STSOL to the MLTSSL.

The Short-term Skilled Occupation List (STSOL) replaced the Consolidated Skilled Occupation List in April this year.

Those applying for Skilled Nomiated Subclass 190 visa, Skilled Regional Provisional Subclass 489 visa (state nominated), Employer Nomination Scheme Subclass 186 visa, Temporary worker (Skilled) Subclass 457 visa and Training Subclass 407 visa- Occupational Training Stream must nominate an occupation on the STSOL.