Jump to content
Guest guest36187

The Brand New PIO Parents Visa thread

Recommended Posts

35 minutes ago, Ray and Geri said:

Hi Sadge, Must admit I thought there would be no problem...sell house in UK, transfer money to Oz, buy house in Oz...job done. there are loads of websites that give info but I've never come across a specific one on proceeds from house sale.... found this site    https://www.sydneymovingguide.com/do-457-visa-holders-owe-tax-when-they-transfer-money-to-australia/    which basically says no problem unless it's earned income that hasn't been taxed in UK. I've transferred quite a bit so far in bits and pieces when the rate looks good and just been asked what it's for... I tick "relocation" and never been asked to pay tax. ( you will pay tax on any interest earned on that money in OZ though )  We are coming up to moving out there for good ( 7th July ) and will have the proceeds from our own home to send plus money from savings....fingers crossed some tax department doesn't want to get their sticky hands on any of it.

Good luck with your move.

Useful link and info - thank you.  I think then if it's noted as proceeds of sale it should be OK.  You're a few months ahead of me (Sept/Oct) so you'll be well settled by summer, hope it all goes smoothly for you.  30 months to get my visa, then another 30 months to sell the house - if nothing else, this process teaches patience!


143 Application Lodged 24th June 2014; Acknowledgement 6th February 2015; Form 80, Police Checks & Medical requested 21st Sept 2016; AOS Lodged 29th November 2016; 2nd VAC paid 16th December 2016; VISA GRANTED 20th December 2016.

Heading to Wollert "The place where possums are found", Victoria (eventually)

"Eventually" has become a reality - at long last the house is sold, the car is spoken for, the Movecube is coming on 19th September and I'll be heading Down Under on 21st via Royal Brunei.  Arrive in Mebourne 3.30 a.m. their time on Monday.  😎

Share this post


Link to post
Share on other sites
12 hours ago, Sadge said:

Re: Transferring proceeds of house sale.

Having at long last (see my timeline!) got a serious buyer after several false starts, letdowns and disappointments, the question of transferring the proceeds into my Australian bank a/c has me a little concerned.  I would be transferring the money from my UK bank via Moneycorps but would this be seen as taxable income by ATO?  The house I'm buying in Australia won't be ready for some time (new village development) so the money would have to go into my account rather than direct to the developer, and appear as income.

I'm just wondering how others have managed to avoid having to pay tax on their overseas house sale, as this must be quite a common scenario.

 

Sold my house in March. Money transferred to UK bank -  no tax is due if it was your own main home you sold. Money transferred and currently sat in a holding account in Westpac Australia. They will match rates to same as Transferwise etc., so hoping AUD exchange rate will improve some time soon! 

Edited by Kathss56

143 lodged 17 March 2016. Perth bound

5 Feb 20 request for further info.11 Feb - Medical /Form 80. 17 Feb -AoS submitted. 27 Feb -Police checks. 4 Mar -BG requested. 6 Mar - bond cert to Centrelink.13 Mar AoS approved

12 NOV 20 -2ND VAC REQUEST !

Share this post


Link to post
Share on other sites
7 hours ago, Kathss56 said:

Sold my house in March. Money transferred to UK bank -  no tax is due if it was your own main home you sold. Money transferred and currently sat in a holding account in Westpac Australia. They will match rates to same as Transferwise etc., so hoping AUD exchange rate will improve some time soon! 

Don't overlook the obligation to submit a Non Resident CGT return with HMRC within 30 days of the sale completing if you are not resident in the UK at the time of the sale.

A late filing penalty regime seeks to enforce compliance in this regard.

Best regards.

  • Like 1
  • 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

Share this post


Link to post
Share on other sites
10 hours ago, Kathss56 said:

Sold my house in March. Money transferred to UK bank -  no tax is due if it was your own main home you sold. Money transferred and currently sat in a holding account in Westpac Australia. They will match rates to same as Transferwise etc., so hoping AUD exchange rate will improve some time soon! 

I didn’t find that. For £1000 Westpac offered $1757 Transferwise offered $1832 when I did a comparison  just now 


143 lodged 21 June 2017

Share this post


Link to post
Share on other sites
1 minute ago, LindaH27 said:

I didn’t find that. For £1000 Westpac offered $1757 Transferwise offered $1832 when I did a comparison  just now 

If you are transferring a significant sum to Australia following the sale of a property in the UK I would be having a conversation with at least a couple of the specialist currency transfer firms to discuss strategy.

It may not be the best option to move all of your money in one single transaction.

Best regards.

  • Like 2
  • 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

Share this post


Link to post
Share on other sites
7 hours ago, Alan Collett said:

Don't overlook the obligation to submit a Non Resident CGT return with HMRC within 30 days of the sale completing if you are not resident in the UK at the time of the sale.

A late filing penalty regime seeks to enforce compliance in this regard.

Best regards.

https://www.gov.uk/guidance/capital-gains-tax-for-non-residents-uk-residential-property#overview  worth a read if you have already left UK.


CPV 143 lodgement date 23/4/2015 acknowledgement date 1/5/2015

Bound for Geelong area Victoria.... soon I hope.  

AT LONG LAST....3 years and 1 day after lodgement.....

email to provide documents received 24th April 2018....Form 80s submitted 24th April.....Medicals done 25th April.....Police certificate submitted 27th April...... Daughter has interview for AoS Wednesday 2nd May 2018. 

AoS Granted.....22nd May 2019

2nd Vac request....28th May 2019

Visa Granted.....29th May 2019

Fly to Oz......7th July...... 

Share this post


Link to post
Share on other sites
9 hours ago, LindaH27 said:

I didn’t find that. For £1000 Westpac offered $1757 Transferwise offered $1832 when I did a comparison  just now 

This subject comes up every few months... best advice is to talk to a few exchange companies.... I was a great advocate of Transferwise ( and they have recently reduced the percentage they charge on given amounts ) and still am...straight forward, you see what you get there and then and fast transfers. A few months ago I checked out Xe, you have to open an account online to see what they offer and it was no where near as good as Transferwise. Within a short time I got a call from them, after explaining my situation the guy changed their exchange rate on my account and promised it would always give me a better return, which it has, apart from weekends when it goes back to basic and Transferwise beats them hands down. As Alan says the rate these companies offers also changes with the amount you are eventually going to exchange. As exchange rates change around every 15 seconds it's hard to get an accurate comparison. But when all said and done the best company is the one you feel is the best for you. 

  • Like 1

CPV 143 lodgement date 23/4/2015 acknowledgement date 1/5/2015

Bound for Geelong area Victoria.... soon I hope.  

AT LONG LAST....3 years and 1 day after lodgement.....

email to provide documents received 24th April 2018....Form 80s submitted 24th April.....Medicals done 25th April.....Police certificate submitted 27th April...... Daughter has interview for AoS Wednesday 2nd May 2018. 

AoS Granted.....22nd May 2019

2nd Vac request....28th May 2019

Visa Granted.....29th May 2019

Fly to Oz......7th July...... 

Share this post


Link to post
Share on other sites
On 20/06/2019 at 11:24, Anks said:

Hi AMP,  that is indeed very lucky as I have only heard that on 600 you get 3 years visa with multiple entries (apologies I do have heard about it...I reckon its for people who are in the parent visa queue where 600 can be for 5 years validity)

my question is more regarding the minimum outside stay 🙂

 Could you please advise if there is a requirement on how many months do you have to be away from Australia to come back for another 12 months as you mentioned you had a brief return to the UK...

Hi Anks, no there was no requirement at all for time period I need to be out of the country.  I haven’t tried it but I think even a couple of days would be enough.  I went to Bali for a week in January and when I came back it was classed as another reentry with 12 months stay validity from that point. My recent return trip to the UK was just for two weeks.  Others however have to be away longer, particularly if the terms on their 600 visa are for 12 months stay in every 18 months.  It appears that all the current 600 visas have this condition - though maybe someone on the forum can tell us differently. 


Angela (AMP).

143 lodged 10/12/15. Acknowledgement received by email 14/12/15.  Moved to Brisbane 6/10/17 on 600 visa.  Contact requesting submission of further info and AOS on 8/8/19.  Medical 22/8/19, form 80 30/8/19, police clearances 6/9/19. AOS bond lodged 13/11/19  and accepted 18/11/19. 2nd VAC request 23/1/20, payment 28/1/20.  Email from Immi 4/2/20, visa agreed, just need to leave the country for it to be awarded!

Share this post


Link to post
Share on other sites

Thanks AMP, that's really handy if there is no minimum out of Aus stay requirement. Staying away for 6 months seems to be a long time with parents. The most vulnerable I would say..

Does anyone knows if there is a way to get that condition (8558) waived if we have applied for 143 and waiting?? 


CPV 143 Applied on 05/07/2017

Acknowledged on 16/09/2017

Share this post


Link to post
Share on other sites

It is quite common for parents visiting Australian residents to see this condition on their visitor visa grant. This condition is used to help enforce the genuine temporary stay requirement on a visitor visa

  • Sad 1

143 lodged 21 June 2017

Share this post


Link to post
Share on other sites
On 23/06/2019 at 07:58, Alan Collett said:

If you are transferring a significant sum to Australia following the sale of a property in the UK I would be having a conversation with at least a couple of the specialist currency transfer firms to discuss strategy.

It may not be the best option to move all of your money in one single transaction.

Best regards.

Good information as always Alan.

It may also be worth spreading larger deposits between banks, as only $250k is safe under the deposit guarantee scheme. 

Just noticed today NZ is taking steps to protect NZ depositors from bank failures (90% of NZ deposits are held by the big 4 Aussie banks).

These are strange times. Just saying…

  • Like 1

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

Share this post


Link to post
Share on other sites

Many thanks LInda for sending me updated information regarding the 103 visa queue dates that are currently being considered. Our date is just one month later than the cut of date, September 2010, it's so frustrating that it hasn't moved for 12 months, I really wish that I had applied for the contributory visa a few years ago, still life goes on.

Share this post


Link to post
Share on other sites

You’re welcome! Unfortunately they’re cutting back drastically on visa grants. I think there used to be something like 1500 non contributory visas issued each year (103 & 804) but last year I think was in the region of 1350 granted  

Hopefully you will hear something soon! 


143 lodged 21 June 2017

Share this post


Link to post
Share on other sites

Has anyone on 173 who submitted documents in February received invoice to pay? Do you think IMMI are waiting for the new financial year (next week) to issue grants. This has been such a long wait for the next step it is very worrying. Feeling in limbo 😞

  • Sad 1

30th Oct 2015 173 lodged (off shore) ;   02nd Nov 2015 - Acknowledged;  6th Feb 2019 - Request for additional documents ; 2nd Mar 2019 Submitted to PVC Team 1; 24th July - Request to pay 2nd VAC ; 25th July 2019 - Visa granted - 12th Sept 2019 entered Australia

24th June 2020 143 lodged (on shore);   02nd July 2020 - Acknowledged ;  03rd August - Request for AOS and AFP clearance Certificate ;  10th August- AOS approval letter received; 25th September - Request to pay 2nd VAC ; 29th September 143 visa granted ; 

Share this post


Link to post
Share on other sites
2 hours ago, Marilyn said:

Has anyone on 173 who submitted documents in February received invoice to pay? Do you think IMMI are waiting for the new financial year (next week) to issue grants. This has been such a long wait for the next step it is very worrying. Feeling in limbo 😞

As we are at the end of the financial year it is possible that this year's visa allocation is full which would explain the delay in finalising your visa. What is more worrying, and is not so easily explained, is why they have not started processing applications lodged in September especially as some August applications have already been granted their visas. Given the lead time between being allocating a case officer and the time to process medicals, form 80, AOS etc one would have expected the next tranche to be initiated. To echo your words, it is very worrying.

  • Thanks 1

Applied for 143 23 Oct 2015, Acknowledged 3 Nov 2015 . Request for further documents 29 Jul 2019, medical booked for 6 Aug 2019

Heading for Brisbane area

Share this post


Link to post
Share on other sites
3 hours ago, Marilyn said:

Has anyone on 173 who submitted documents in February received invoice to pay? Do you think IMMI are waiting for the new financial year (next week) to issue grants. This has been such a long wait for the next step it is very worrying. Feeling in limbo 😞

I was requested for more information(such as dependent child infor) in may , so i think they have a look on your docs and they will grant visa for us soon.I hope so 😞

  • Thanks 1

23 6 2015 : CPV 173 lodged

3.7.2015 : 1st payment

2.2.2019: request medical, form 80 , police

10.3.2019:all completed

28.5.2019:request form 47A,47PA for dependent child 

2.7.2019:request medical form 80 police for non migrant member

16.7.2019:all submited

Share this post


Link to post
Share on other sites
16 hours ago, Marilyn said:

Has anyone on 173 who submitted documents in February received invoice to pay? Do you think IMMI are waiting for the new financial year (next week) to issue grants. This has been such a long wait for the next step it is very worrying. Feeling in limbo 😞

@Marilyn I wish that was the case and wish we get an invoice today or tomorrow. The way you can see the immi behave, I will be lucky even if I get it by the end of July. Very Sad

Share this post


Link to post
Share on other sites

Hi everyone,

I know this might have been asked several times but I need some enlightenment. 

My mum is currently holding a visitor subclass visa which was granted last year. She entered Australia in June 2018 and went back to our home country in March 2019 for 10 days. Recently, we have applied onshore for her parent visa and was granted a bridging visa A. I understand that it will take effect once her current visitor visa expires, but I am confused because her visitor visa does have the 8558 condition (not more than 12 months stay in 18 months). Apparently, when she left Australia last March, the validity of her visa was reset for another 12 months so its expiry date now shows March 2020. Her 12th month stay will be next week, but I am confused if the BVA will kick in next week or on March 2020? If it will take effect in 2020, she will breach the 8558 condition. Also, it was noted on her current visa that she must not arrive after October 2019. I am a bit confused whether she needs to leave Australia or not.

 

Thanks!

Share this post


Link to post
Share on other sites
18 hours ago, VLong said:

I was requested for more information(such as dependent child infor) in may , so i think they have a look on your docs and they will grant visa for us soon.I hope so 😞

 

18 hours ago, VLong said:

I was requested for more information(such as dependent child infor) in may , so i think they have a look on your docs and they will grant visa for us soon.I hope so 😞

can i know your acknowledgment date or lodged date.??? & when other documents were asked


173 applied - 28 th nov 2015

request for pcc, medicals , form 80 6thfeb2019

submitted to pvc march 29 2019

further documentation request- 25th july2019 

submitted to pvc team - 29 Aug 2019

2nd vac request- 22 jan 2020

visa granted 30’jan 2020

143 applied - acknwlgd 27 march 2020

AOS REQ. - 21 april 2020 

Aos applied - 24 april 2020

bond req. - 18 may & paid on same day, uploaded on web.

26 June 2020 - 2nd vac request & paid on 29 june 2020

30 june 2020- visa granted

Share this post


Link to post
Share on other sites
2 hours ago, makemesparkle said:

Hi everyone,

I know this might have been asked several times but I need some enlightenment. 

My mum is currently holding a visitor subclass visa which was granted last year. She entered Australia in June 2018 and went back to our home country in March 2019 for 10 days. Recently, we have applied onshore for her parent visa and was granted a bridging visa A. I understand that it will take effect once her current visitor visa expires, but I am confused because her visitor visa does have the 8558 condition (not more than 12 months stay in 18 months). Apparently, when she left Australia last March, the validity of her visa was reset for another 12 months so its expiry date now shows March 2020. Her 12th month stay will be next week, but I am confused if the BVA will kick in next week or on March 2020? If it will take effect in 2020, she will breach the 8558 condition. Also, it was noted on her current visa that she must not arrive after October 2019. I am a bit confused whether she needs to leave Australia or not.

 

Thanks!

Be careful as the 12 in any 18 months stay is a rolling one so if she left before a12 month stay was up it affects the calculations I believe 

 

The difficulty with this condition is that calculations are based on “any 18 month period” as opposed to 18 month period cycles. This means a visa holder with this condition in Australia needs to calculate the total stay in the last 18 months from every further day the visa holder remains in Australia. Alternatively, a visa holder may choose to calculate if they have spent at least 6 months in the last 18 months have been spent outside of Australia


143 lodged 21 June 2017

Share this post


Link to post
Share on other sites
5 minutes ago, LindaH27 said:

Be careful as the 12 in any 18 months stay is a rolling one so if she left before a12 month stay was up it affects the calculations I believe 

 

The difficulty with this condition is that calculations are based on “any 18 month period” as opposed to 18 month period cycles. This means a visa holder with this condition in Australia needs to calculate the total stay in the last 18 months from every further day the visa holder remains in Australia. Alternatively, a visa holder may choose to calculate if they have spent at least 6 months in the last 18 months have been spent outside of Australia

Hi @LindaH27, thanks for the reply. I am actually confused whether or not she needs to go our of Australia when she hits the 12th month because she was granted a bridging visa A. I don't know if it will start after she finished the 12 months of her tourist visa. 

Share this post


Link to post
Share on other sites

Sorry I’ve always found this difficult to workout but more  experienced posters will chip in no doubt! 

I would have said the visa kicks in after the end date of of her original 600 visa but not sure. It’s worth consulting’s an agent as you don’t want to breach any conditions! 

Edited by LindaH27

143 lodged 21 June 2017

Share this post


Link to post
Share on other sites
3 hours ago, makemesparkle said:

Hi everyone,

I know this might have been asked several times but I need some enlightenment. 

My mum is currently holding a visitor subclass visa which was granted last year. She entered Australia in June 2018 and went back to our home country in March 2019 for 10 days. Recently, we have applied onshore for her parent visa and was granted a bridging visa A. I understand that it will take effect once her current visitor visa expires, but I am confused because her visitor visa does have the 8558 condition (not more than 12 months stay in 18 months). Apparently, when she left Australia last March, the validity of her visa was reset for another 12 months so its expiry date now shows March 2020. Her 12th month stay will be next week, but I am confused if the BVA will kick in next week or on March 2020? If it will take effect in 2020, she will breach the 8558 condition. Also, it was noted on her current visa that she must not arrive after October 2019. I am a bit confused whether she needs to leave Australia or not.

 

Thanks!

Take advice from an MA, the wrong advice how ever well intentioned might have a bad outcome.

  • Like 2

Share this post


Link to post
Share on other sites

A question please for all those that are settled etc. I have mentioned to my daughter she will need to have me added to one of her utility bills so that I can open up a bank account etc and she said she is unable to put me on her council tax or water bill as that is only for the home owners so that just leaves electricity bill - are there any other bills that you have been put on in the first instance - I know in the UK anyone living on a property must be on the council tax bill which would suffice.  TIA 


30th Oct 2015 173 lodged (off shore) ;   02nd Nov 2015 - Acknowledged;  6th Feb 2019 - Request for additional documents ; 2nd Mar 2019 Submitted to PVC Team 1; 24th July - Request to pay 2nd VAC ; 25th July 2019 - Visa granted - 12th Sept 2019 entered Australia

24th June 2020 143 lodged (on shore);   02nd July 2020 - Acknowledged ;  03rd August - Request for AOS and AFP clearance Certificate ;  10th August- AOS approval letter received; 25th September - Request to pay 2nd VAC ; 29th September 143 visa granted ; 

Share this post


Link to post
Share on other sites
6 minutes ago, Marilyn said:

A question please for all those that are settled etc. I have mentioned to my daughter she will need to have me added to one of her utility bills so that I can open up a bank account etc and she said she is unable to put me on her council tax or water bill as that is only for the home owners so that just leaves electricity bill - are there any other bills that you have been put on in the first instance - I know in the UK anyone living on a property must be on the council tax bill which would suffice.  TIA 

You can open an Australian bank account before travelling to Australia so no requirement for an Australian address eg https://www.westpac.com.au/personal-banking/bank-accounts/transaction/choice/migrants/

  • Thanks 1

Share this post


Link to post
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now

×