This is to inform that applicants who are willing to sponsor their parents for Temporary Sponsored Parent Visa of Australia must have a taxable income of $83,454.80 to become eligible for sponsoring parents. The amount was specified in new legislative documents by the Immigration Minister David Coleman.
The Australian Immigration Department has started accepting Sponsorship applications for the new Parent Visa from 17th April. Once this sponsorship application is approved, the parents of the migrant can submit an application for the Parent Visa.
Australia will start accepting the Parent Visa applications from 1st July 2019
The Temporary Sponsored Parent Visa Subclass 870 allows parents and grandparents of Australian Citizens or Permanent Residents to live in Australia for up to five years. This visa is also renewable for the next five years allowing parents to reunite with their families in Australia for up to 10 years.
However, the immigration department has not clarified the income requirement for second 5-year.
As per SBS News, the application fee for a 3-year Parent Visa is $5,000 and the sponsorship fee is $420. The income requirement of $83,454.80 can also be shown as a joint family income.
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