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MBCCat5

Parent Visa - Contributory and Non-Contributory

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Hi All,

 

I have been looking in to the IMMI site about parent visas lately as I am planning to get my parents down to Melbourne. I noticed that the Non-Contributory Parents visa waiting period has hiked to 30 Years. Now I am looking at Contributory options.

 

I am the Only child and I am planning to proceed with an application within the next year or so. I noticed that there is a deposit of $42000 per parent (correct ?) that need to be kept with the DIAC.

 

My Concern is after paying such money what benefits would my parents get once they come to Australia?

 

I know its a broad question - but if you guys can give me a direction, I would appreciate it.

 

Regards,

 

Mark.

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Hi All,

 

I have been looking in to the IMMI site about parent visas lately as I am planning to get my parents down to Melbourne. I noticed that the Non-Contributory Parents visa waiting period has hiked to 30 Years. Now I am looking at Contributory options.

 

I am the Only child and I am planning to proceed with an application within the next year or so. I noticed that there is a deposit of $42000 per parent (correct ?) that need to be kept with the DIAC.

 

My Concern is after paying such money what benefits would my parents get once they come to Australia?

 

I know its a broad question - but if you guys can give me a direction, I would appreciate it.

 

Regards,

 

Mark.

 

The main benefit is the right to live in Australia. They will be permanent residents and so have all the rights of every permanent resident. The payment is high because typically parents will not contribute much via tax over their lifetime (in Australia) but yet will use the same services as everyone else.

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You also need to be aware that they will not have any right to an Australian pension for 10 years. And of course their UK state pension will be frozen at the rate they begin to draw it or are drawing it.

 

After 2 years if over 65 they will be entitled to a Commonwealth Seniors Health card which gives some concessions, and as soon as they become residents may be entitled to a state seniors card. Although you need to be aware some states are trying to do away with concessions for seniors due to federal budget cuts.

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Do your parents actually want to uproot themselves from all they have built over a lifetime? Aus is not always kind to the elderly, they may be financially, emotionally and socially better off where they are.

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