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What are the fees and welfare policies for buying a house in Australia, and how to get a loan

Of course parents can immigrate. Parents enjoy most benefits (there are different waiting periods depending on the application category), but there are still a few benefits that cannot be enjoyed, such as pensions.

1. Categories of parent immigration visas:

1. General parent immigration visa (AU$)

Visa application fee: $1,205

Guarantee: $3,500

Guarantee period: frozen for two years

Queue time: 10-17 years

Quota: 1,000/ Year

2. Donate parent immigration visa (AU$)

Visa application fee: used for parents’ health and medical expenses: $31,560. The down payment is $18,935, and the remaining $12,625 can be paid off within two years after transferring to permanent residence.

Guarantee: $10,000

Guarantee period: frozen for ten years

Queue time: 18-24 months

Quota : 3500 pieces/year

Note: All guarantee funds will be returned with interest after the guarantee period. This amount is reduced by social benefits and allowances paid.

2. Basic requirements for parent immigration:

1) At least half of the applicant’s children have permanent residence in Australia, or

2) Those who have permanent residence in Australia There are more children than those who have permanent residence in other countries.

3. Conditions for child sponsorship:

Generally speaking, all types of parent immigration visas require permanent children to live in Australia for two years or more. For international students whose guarantor has studied in Australia, their previous residence time in Australia can be included in the above two-year period.

4. Pension and medical insurance for parents who immigrated:

Parents who are approved will receive Australia’s universal medical insurance (Medicare). "Parents in the general queue" have a two-year waiting period before receiving social benefits. "Donor parents" have to wait ten years. In any case, all parents who reach retirement age, have lived in Australia for ten years, and pass the property test can enjoy pension benefits.