This is another permanent visa for parents, allowing them to settle in Australia with faster processing times but at a higher cost.

– Cost: Refer to the Australian immigration website for updated information https://immi.homeaffairs.gov.au/visas/getting-a-visa/fees-and-charges/current-visa-pricing

– Benefits:

– Permanent residence in Australia.

– Work, study and enjoy health care benefits.

– Can sponsor relatives.

– Conditions:

– Must have a sponsor who is a child living in Australia.

– Must meet the “Balance of Family Test” requirement.

– May require financial guarantees from the sponsor.