The Contributory Aged (Sub 864) visa is designed to give aged parents of a settled Australian citizen, Australian permanent resident, or eligible New Zealand citizen the opportunity to stay in Australia on a permanent basis. It allows the parent of an eligible person to live their retirement years in Australia, where they can enjoy time with family and friends and be part of the local community.
This visa offers several benefits, including the right to work or study without restriction, access to government-subsidized healthcare through Medicare, and eligibility for certain social security payments. In addition, applicants will not need to meet any health requirements other than those related specifically to tuberculosis. The visa also offers applicants access to government services such as Centrelink’s Age Pension.
Things you can do with this visa (Sub 864)
The Contributory Aged (Sub 864) visa is a great way for eligible applicants to stay in Australia indefinitely. This visa allows you to work and study in the country and to access Australia’s public health care scheme, Medicare.
For those wishing to stay for an extended period of time, the Contributory Aged (Sub 864) provides holders with the opportunity to live, work and even study in Australia. As an added benefit, this visa also allows holders access to Medicare – a publicly funded healthcare system that is available to all Australian citizens and permanent residents.
From enjoying the lifestyle down under, working or studying, and having access to quality healthcare, you can do many things with this type of visa.
Length
Contributory Aged (Sub 864) is a permanent visa that allows you to stay in Australia indefinitely. It is designed for people of pension age or over who have significant financial resources from either themselves or their families. This visa offers many benefits, including freedom of movement between states, access to government services, and the ability to apply for citizenship after four years of residency in Australia.
Requirements
To be eligible for this pension, the individual must have a child who is a settled Australian citizen, Australian permanent resident, or eligible New Zealand citizen and who is old enough to qualify. The minimum age requirement for an eligible child varies depending on their relationship with the pensioner; it may be either 16 or 15 years of age if they are still attending secondary school.
In addition to meeting this eligibility criterion, applicants must also meet other conditions, such as having resided in Australia continuously for at least 10 years since turning 16 and having no assets worth more than $250,000 outside of the family home.
Processing time
Applications for this visa are subject to capping and queuing, meaning that they may be delayed due to capacity issues or other matters beyond the control of applicants and their sponsors. Consequently, it is difficult to estimate when an application will be processed as there is no guarantee of a successful outcome.
It should also be noted that applications may take longer if additional information or documents are required by the Department of Home Affairs during processing. Therefore, it is important to ensure all necessary documentation is provided with your initial application to minimize potential delays.
Costs
Contributory Aged (Sub 864) visa gives you the opportunity to live and work in Australia as a permanent resident. This visa costs AUD47,955, and there is an additional charge for each family member who applies with you. You must pay for this visa in 2 parts. The first part of the payment is called ‘the balance of the first installment’ and is payable when your visa application is lodged at an Australian Immigration office. The second part of the payment, known as ‘the balance of the second installment’, is payable after 12 months from when your application was made.
In addition to these payments, you may also need to pay additional fees such as health assessments or police certificates that some applicants require before their applications can be approved.
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