What is the income requisite for new Australia Parent Visa?

The income requirement for the new Australia Parent Visa has been specified to be a taxable income of $83,454.80. The amount was specified by David Coleman the Immigration, Citizenship and Multicultural Affairs Minister. This was in the latest legislative instrument.

The Minister had declared in April that the applications for sponsoring a parent via the new Visa would be opened from 17th of the month. The concerned parent has to apply for the new Australia Parent Visa upon approval of the sponsorship application. The Visa applications are likely to open from July 1, 2019.

The Temporary Subclass 870 Sponsored Parent Visa offers grandparents and parents a new route for reuniting with their children. They can remain with them for a continuous period of 5 years, as quoted by the SBS. 

The parents and grandparents also have a chance to apply for an extra 5 years period of stay. This is after a small period of stay overseas. It implies that they can spend totally ten years in Australia. The income requirement for the consequent sponsorship was not clarified, however.

Y-Axis Immigration Expert Usha Rajesh said that now the income requisite has been announced. One must possess an income of minimum $83,454.80 for qualifying to sponsor the parents for the Visa, she added.

The Immigration Expert said that the application fee for the 3-year Visa is $5,000 while the sponsorship fee is $ 420. It has been announced that the income of $83,454.80 has to be proved by the applicant. This can also be joint family earnings, said Ms. Rajesh.

The Temporary Subclass 870 Sponsored Parent Visa is aimed at permitting parents of immigrants to remain for a longer period in Australia.

The income ceiling and other Visa conditions have made some immigrants irate. The Immigration, Citizenship and Multicultural Affairs Minister has however justified the income requirement. He said that it is necessary to ensure that the new Visa does not become a burden on the taxpayer.

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