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Higher Student & Guardian Funds Necessity | Jameson Law

Increased Student and Student Guardian Financial Capacity Requirements

Migration LIN 23/070 - F2023L01349 - Evidence of financial capacity—Subclass 500 Visa and Subclass 590 Visa Amendment Specification 2023

This Instrument amends LIN 19/198 to increase the evidence of financial capacity required for applicants for Subclasses 500 and 590 visa in line with the CPI to for Regs 500.214 and 590.216

Primary applicant: AUD 24,505

+ spouse or de facto partner AUD 8,574

+ each dependent child AUD 3,670

+ annual school costs for each school-aged dependent child AUD 9,661

The personal annual income for the primary applicant, where there is no secondary applicant: AUD 72,465

The personal annual income for a primary applicant where there is a secondary applicant: AUD 84,543

This instrument also corrects minor drafting errors in the previous Instrument.

The Instrument commenced on 1 October 2023.

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Gabriel Mackenzie

With 20 years of experience as a lawyer, Gabriel has practiced law since 1993, after completing double degrees in both Arts/Law from Macquarie University. She has been an immigration lawyer since 2011. Gabriel’s experience includes family visas, refugee/humanitarian visas, employer sponsored and skilled visas as well as a wide variety of other visas. Gabriel has also worked in criminal law, revenue law, administrative law, native title, personal injury law and equity/trusts law. She has worked in both government and private practice as well as being the Principle of her own firm. Gabriel is passionate about providing high quality legal advice to achieve her clients’ goals. Gabriel has travelled extensively. Her love of different cultures, combined with a passion for reuniting families and helping migrants settle, allows her to deliver expert legal service with a compassionate understanding of her client’s circumstances.

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Higher Student & Guardian Funds Necessity | Jameson Law

Increased Student and Student Guardian Financial Capacity Requirements

Migration LIN 23/070 - F2023L01349 - Evidence of financial capacity—Subclass 500 Visa and Subclass 590 Visa Amendment Specification 2023

Speak to an Expert Lawyer today

Book your consultation

What our Clients Say

Related Publications: Immigration

Book your consultation

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