Did your parents immigrate to Australia?

Medical insurance card (medical insurance card) (you don't have to pay for medical treatment, examination and hospitalization, but you have to pay the full amount of prescription drugs), and you can enjoy it immediately after you get the permanent residency in Australia.

Pension (pension)

If you get permanent residency in Australia, you can receive a pension after ten years, and you must have lived in Australia for five consecutive years before receiving the pension.

Other benefits

After a two-year waiting period, you can enjoy:

1. Disability allowance (such as disability after permanent residence);

2. Family allowance AB (if children 16-20 immigrate together);

3. Health care card (purchase prescription drugs at a discounted welfare price).

Unavailable benefits:

1. Job search allowance;

2. New starting allowance;

3. study allowance, etc. For details, please refer to Centrallink's welfare payment standard.

If the parents have no income and the children support their parents, the children can apply for parental tax offset from the tax return every year.

The maximum is USD 65,438+USD 0,645/person/year. If parents have no income at all and rely entirely on their children, such a pair of parents can save up to $3,290 in taxes for their children every year.

If the parents are over 60.

Every state can apply for a senior citizen card. Different from the old-age pension card, this old-age card does not need to pass the test of income, age and place of residence, and can also apply when it is old. Take any bus, ferry, etc. It's only $2.50 a day in New South Wales.

In addition, rich parents can buy real estate in their own name and enjoy the $7,000 first-time home purchase allowance given by the government; Children who do business can hire their parents as employees, pay their salaries and pensions, and deduct corporate tax; Children with spare money can transfer their deposits to their parents' names to make deposits on their behalf and get high interest on bank deposits. If their parents have no income or low income, they can basically get all the interest income from bank deposits.