Business Visa Subclass 888

Contributory Aged Parent Visa Subclass 864

The Contributory Aged Parent visa (subclass 864) is a permanent visa that lets elderly parents of Australian citizens, permanent residents, or eligible New Zealand citizens live in Australia. To qualify, parents must be old enough to receive an Australian-aged pension and have a child in Australia who is willing to sponsor them. Starting from 1 July 2023, there are changes to Australian citizenship eligibility for some New Zealand citizens with a Special Category (subclass 444) visa. Grow Smart recommends contacting us or referring to the official Department of Home Affairs website for more details.

One key feature of the Contributory Aged Parent visa (subclass 864) is that it requires the payment of a substantial visa application charge and other costs. This contribution helps cover the increased health and welfare costs associated with elderly migrants.

When holding this visa in Australia, you must comply with all Australian laws and inform the relevant authorities if your circumstances change. This permanent visa allows you to establish permanent residency from the day it is granted, with all visa- related information digitally linked to your passport, eliminating the need for a physical label. You have the privilege to:

Reside in Australia indefinitely
Engage in work and studies within the country
Access Australia’s public healthcare scheme, Medicare
Sponsor your relatives to join you in Australia
Apply for Australian citizenship if you meet the eligibility criteria

Additionally, you are granted the freedom to travel to and from Australia for five years, with the option to apply for a Resident Return Visa for re-entry after the initial 5-year travel facility. Australian workplace laws protect your rights while working, and you may be eligible for Australian citizenship after a certain period. Before leaving Australia, ensure you have a valid passport and visa. Departures SmartGate offers an automated process for quicker airport departures. You can request international movement records to demonstrate your visit to the country if needed.

Eligibility Criteria

No Subclass 870 Visa: You must not currently hold or have applied for a Sponsored Parent (Temporary) (subclass 870) visa.
Sponsorship: An eligible individual, typically your child, must sponsor you.
Age Criteria: You must meet the age requirements to receive an age pension in Australia.
Health and Character Assessments: You and any accompanying family must pass health and character checks.
Australian Values Statement: You need to sign the Australian values statement.
Balance-of-Family Test: You must pass the balance-of-family test.
Assurance of Support: You need assurance of support to ensure self- sufficiency.
Clear Debts: You must clear any debts owed to the Australian Government.
Clean Visa History: You should have a clean visa and application history.

For Sponsors

As a sponsor for the visa, your responsibilities include:

Principal Applicant and Family: Your responsibilities extend to the primary visa applicant and any family members applying together.
Multiple Sponsorships: You can sponsor more than one parent at no cost.
Financial Support: You must commit to financially supporting them for their first two years in Australia. This includes:

Providing accommodation
Offering financial aid
Giving general support

Assurance of Support: You may need to pledge to repay any government welfare given to the visa holder or their family.
Withdrawal of Sponsorship: You can withdraw sponsorship, but the consequences vary depending on the visa stage. Withdrawal does not exempt you from the assurance commitment.
Obligations Duration: Your obligations last for two years, with all requirements documented.
Post-Visa Grant Withdrawal: Attempting to withdraw sponsorship after the visa is granted may not release you from responsibilities and could risk visa cancellation.
Update Authorities: Promptly inform authorities of any changes to ensure compliance with your obligations.
Eligible Sponsor: You must have an eligible sponsor.
Age Criteria: You must meet the age requirements to receive the age pension in Australia.
Health and Character Requirements: Both you and any accompanying family must fulfill health and character checks.
Australian Values Statement: You must sign the Australian values statement.
Balance-of-Family Test: You need to pass the balance-of-family test.
Assurance of Support: You must obtain an assurance of support after entry to ensure financial independence without relying on government aid.
Clear Debts: You must clear any debts owed to the Australian Government.
Clean Immigration History: You should have a clean immigration history, with no previous visa cancellations or refusals.
Best Interests of Minors: The best interests of any applicants under 18 years old must be considered in the visa decision-making process.

Previous Visa: You must have held a Business Innovation and Investment (Provisional) visa (subclass 188) in the Investor stream for at least three years or meet specific criteria as a secondary visa holder.
COVID-19 Concessions: Some concessions may apply.
Financial Investments: Meet the required monetary investment criteria.
Compliance: Follow Australian laws.
Health and Character: Meet health and character requirements.
Australian Values Statement: Sign this statement.
No Debts: Have no outstanding debts to the Australian government.
Clean Record: No visa cancellations or previous application refusals.

Significant Investor Stream Visa

This visa offers several benefits:

Permanent Residency: Live in Australia indefinitely.
Work and Study: You can work and study in Australia.
Healthcare: Access to Medicare, Australia’s healthcare system.
Sponsor Family: Bring your relatives to Australia.
Travel: Travel in and out of Australia for five years.
Citizenship: You can apply for Australian citizenship if eligible.

Important Points:

Government Benefits: New residents might need help accessing some government benefits.
Follow the rules: You must comply with visa conditions and report any changes.
Business and Investment: Continue your business and investment activities.
Travel Extensions: There are processes to extend your travel privileges.
Family and Citizenship: You can bring family members and apply for citizenship.
Post-Departure: Follow procedures when leaving Australia.

Eligibility:

Previous Visa: You must have held a Business Innovation and Investment (Provisional) Visa (subclass 188) in the Significant Investor stream for a specified period.
COVID-19 Concessions: Some provisional visa holders affected by COVID- 19 were allowed to apply.
Nomination: You need a nomination from a state or territory government agency or Austrade.
Investment Rules: Comply with investment requirements.
Residence Requirements: Meet the residency criteria.
Laws and Health: Follow Australian laws and meet health and character requirements.
English Proficiency: Demonstrate English language skills.
Commitment: Show a commitment to continuing business or investment activities in Australia.
Australian Values: Sign the Australian values statement.
No Debts: Have no outstanding debts to the Australian government.
Clean Record: Maintain a good immigration history.

Premium Investor Stream Visa

This visa offers several benefits:

Permanent Residency: Live in Australia indefinitely.
Work and Study: You can work and study in Australia.
Healthcare: Access to Medicare, Australia’s public healthcare system.
Sponsor Family: Bring your relatives to Australia.
Travel: Travel in and out of Australia for five years.
Citizenship: You can apply for Australian citizenship if eligible.

Important Points:

Government Payments: There might be a waiting period for some government benefits.
Follow the rules: You must comply with visa conditions and Australian laws.
Travel Documents: Ensure your travel documents are valid and use SmartGate for faster processing at the border.
Departure: Verify your travel documents before leaving and use automated departure procedures.
Proof of Visit: You can request international movement records as proof of your visit to Australia.

Eligibility:

Previous Visa: You must have held a Business Innovation and Investment (Provisional) visa in the Premium Investor stream for at least 12 months.
Nomination: You need a current nomination from Austrade.
Investment Requirements: Comply with investment rules and avoid unacceptable business activities.
Commitment: Show a genuine commitment to business or investment in Australia.
Health and Character: Meet health and character requirements.
English Proficiency: Demonstrate English language skills.
Australian Values: Sign the Australian values statement.
No Debts: Have no outstanding debts to the Australian government.
Clean Record: Maintain a good immigration history.

Entrepreneur Stream Visa

This visa offers several benefits:

Permanent Residency: Live in Australia indefinitely.
Work and Study: You can work and study in Australia.
Healthcare: Access to Medicare, Australia’s public healthcare system.
Sponsor Family: Bring your relatives to Australia.
Travel: Travel in and out of Australia.
Citizenship: You can apply for Australian citizenship if eligible.

Important Points:

Health and Character: You must meet health and character requirements.
Application Fees: There are fees associated with the application.
Follow Laws: You must adhere to Australian laws.
Digital Visas: Australian visas are digital, so ensure your documents are in order.
Travel Guidance: Follow guidelines for entering and leaving the country.
Family and Citizenship: Considerations for family members and citizenship eligibility are included.

Eligibility:

Previous Visa: You must have held a Business Innovation and Investment (Provisional) visa (subclass 188) in the Entrepreneur stream for a specified period.
Residency: Meet residency requirements in Australia.
Entrepreneurial Activities: Show a successful record of entrepreneurial activities.
Follow Laws: Adhere to Australian laws.
Health and Character: Meet health and character assessments.
English Proficiency: Demonstrate English language skills.
Financial Obligations: Meet financial requirements.
COVID-19 Concessions: Some concessions may apply.
Commitment: Show a commitment to ongoing business or investment activities.
Australian Values: Sign the Australian values statement.
No Debts: Have no outstanding debts to the Australian government.
Clean Record: Maintain a good immigration history.

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Business Visa Subclass 888

Contributory Aged Parent Visa Subclass 864

Eligibility Criteria

For Sponsors

Significant Investor Stream Visa

Important Points:

Eligibility:

Premium Investor Stream Visa

Important Points:

Eligibility:

Entrepreneur Stream Visa

Important Points:

Eligibility:

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