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Alan Collett

Temporary sponsored parent visa - Required minimum income of the sponsor announced

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Information has been made available this afternoon as to the required taxable income of the sponsor of a temporary sponsored parent visa application.

The amount is A$83,454.80.

The taxable income will need to be confirmed by presenting the tax assessment notice for the financial year immediately preceding the year in which the application for approval as a sponsor is submitted – ie for the tax year ended 30 June 2018 if the application for approval as a sponsor is lodged before the end of June 2019.

Best regards.

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Managing Director, Go Matilda Visas - www.gomatilda.com

Registered Migration Agent Number 0102534; Registered Tax Agent (Australia)

Chartered Accountant (UK, and Australia)

T - 023 81 66 11 55 (UK) or 03 9935 2929 (Australia)

E - alan.collett@gomatilda.com and acollett@bdhtax.com

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Hi Alan

Thank you again on behalf of the forum.

Could this be made up by a couples joint income sponsoring one of the couples parents or mypust it be from the one? 

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Please see para 4 here: https://www.legislation.gov.au/Details/F2019L00542/Explanatory Statement/Text

"If an applicant's taxable income is combined with other taxable incomes such as the taxable income of the applicant’s spouse or de facto partner; or one child of a permitted sponsor that meets the requirements of subregulation 2.60W(3) of the Regulations, and that combined amount is at least equal to the amount specified in an instrument under subregulation 2.60W(4) of the Regulations, the taxable income test is met. "

Best regards.

  • Thanks 1

Managing Director, Go Matilda Visas - www.gomatilda.com

Registered Migration Agent Number 0102534; Registered Tax Agent (Australia)

Chartered Accountant (UK, and Australia)

T - 023 81 66 11 55 (UK) or 03 9935 2929 (Australia)

E - alan.collett@gomatilda.com and acollett@bdhtax.com

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Hi Alan,

Thanks for posting this explanatory note on the forum. But it seems they still left many parts unexplained.

Could applicants for this visa get bridging visas if they are on 600 visitor visas?

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2 hours ago, Shane2019 said:

Could applicants for this visa get bridging visas if they are on 600 visitor visas?

I thought this new visa was an offshore visa (i.e. you have to apply for it while you're still in your home country)?


Scot by birth, emigrated 1985 | Aussie husband applied UK spouse visa Jan 2015, granted March 2015, moved to UK May 2015 | Returned to Oz June 2016

"The stranger who comes home does not make himself at home but makes home itself strange." -- Rainer Maria Rilke

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The Regulations relating to the new temporary sponsored parent visa have been published today.

Best regards.

Edited by MaggieMay24
Removing reference to external site.
  • Thanks 1

Managing Director, Go Matilda Visas - www.gomatilda.com

Registered Migration Agent Number 0102534; Registered Tax Agent (Australia)

Chartered Accountant (UK, and Australia)

T - 023 81 66 11 55 (UK) or 03 9935 2929 (Australia)

E - alan.collett@gomatilda.com and acollett@bdhtax.com

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On 08/04/2019 at 14:59, Alan Collett said:

The Regulations relating to the new temporary sponsored parent visa have been published today.

Best regards.

Thank you for the info.

I assume A$83,454.80 is amount is for one parent, but is there any info available for the income needed to sponsor two parents? And can this income be split between more than one person (sponsor and partner)?

Also, there is a condition requiring, “The applicant genuinely intends to stay in Australia temporarily”. Do you think this means you can’t hold an 870 visa while also applying for permanent parent visa?


173 Visa lodged - March 2016

Documents submitted / medicals completed – May 2020

2nd VAC payment - October 2020

173 Visa granted - October 2020

143 Visa lodged - October 2020

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On 09/04/2019 at 18:30, SusieRoo said:

Thank you for the info.

I assume A$83,454.80 is amount is for one parent, but is there any info available for the income needed to sponsor two parents? And can this income be split between more than one person (sponsor and partner)?

Also, there is a condition requiring, “The applicant genuinely intends to stay in Australia temporarily”. Do you think this means you can’t hold an 870 visa while also applying for permanent parent visa?

On the following page it is stated it doesn't matter if the applicant has lodged 143.

https://immi.homeaffairs.gov.au/visas/getting-a-visa/visa-listing/sponsored-parent-temporary-870#Eligibility

But here under the document section  https://immi.homeaffairs.gov.au/visas/getting-a-visa/visa-listing/sponsored-parent-temporary-870#HowTo , the applicant must show they are a genuine temporary entrant.

On the page for 143, it shows it can only be granted offshore except for certain conditions, excluding 870. I wonder if this indicates something or is just not updated yet.

Sadly the clarification didn't clarify much.

 

 

 

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On 09/04/2019 at 18:30, SusieRoo said:

Thank you for the info.

I assume A$83,454.80 is amount is for one parent, but is there any info available for the income needed to sponsor two parents? And can this income be split between more than one person (sponsor and partner)?

Also, there is a condition requiring, “The applicant genuinely intends to stay in Australia temporarily”. Do you think this means you can’t hold an 870 visa while also applying for permanent parent visa?

Hi SusieRoo.

Broadly, the sponsor's income requirement can be met by aggregating the taxable income of the spouse or de facto partner of the sponsor, plus the taxable income of another child of the visa applicant who is in Australia.

In this situation the sponsor must though have an income at least equal to one half of the required total.

Best regards.

  • Thanks 1

Managing Director, Go Matilda Visas - www.gomatilda.com

Registered Migration Agent Number 0102534; Registered Tax Agent (Australia)

Chartered Accountant (UK, and Australia)

T - 023 81 66 11 55 (UK) or 03 9935 2929 (Australia)

E - alan.collett@gomatilda.com and acollett@bdhtax.com

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