The Australian Immigration Minister has confirmed the number of parent visas that can be granted for the program year ending on 30 June 2023.
By way of background, parent visas are subject to an annual capping of visa grant numbers; at this time of year it is customary for the Minister to confirm this by way of an Instrument.
Numbers are as follows:
Contributory Parent visas
A maximum of 6,800 visas may be granted for the 2022/23 financial year.
Of the maximum number of Contributory Parent visas a maximum of 112 visas may be granted to applicants for the Contributory Parent Visa Migrant, Class CA who hold or who last held SC 405 Investor Retirement or SC 410 Retirement visas.
Non Contributory Parent Visas
A maximum of 1,700 Parent visas may be granted in the 2022/23 financial year.
Of the maximum number of Non Contributory Parent visas a maximum of 13 visas may be granted to applicants for the Parent (Migrant) (Class AX) visa who hold or who last held C 405 Investor Retirement or SC 410 Retirement visas.
The overall number of visas that can be granted for the program year ending on 30 June 2023 is therefore 8,500 – which is as announced by the Federal Government already.
We expect to see a flurry of activity in the next 5 weeks given the number of visa grants up to 30 April 2023 discussed in our previous blog.