First $5,040 + second $43,600
Estimated queue
A permanent visa for aged parents of Australian citizens, permanent residents, or eligible New Zealand citizens. The 864 carries a significant second instalment and a queue estimated at over 12 years.
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The first instalment ($5,040) is paid at application lodgement; the second instalment ($43,600 per applicant) is due upon processing completion. An Assurance of Support bond ($10,000 for one parent; $14,000 for two) is held by the Commonwealth Bank for 10 years.
Must have at least one child settled as a permanent resident or Australian citizen.
At least half of your children or stepchildren must be settled permanent residents or Australian citizens.
Child sponsor must be a settled permanent resident or citizen and provide Assurance of Support and accommodation.
Standard requirements apply. Exceptions may still allow grant.
Any outstanding debts must be repaid or covered by a repayment agreement.
