Australia — Financial capacity instrument for subclass 500

Citation

Australia. Migration (LIN 19/198: Evidence of financial capacity—Subclass 500 Visa and Subclass 590 Visa) Instrument 2019, compilation F2024C00445 C02. Compilation date 2024-05-10. Federal Register of Legislation. Accessed 2026-07-15. Official text.

Authority and scope

This legislative instrument is made under Schedule 2 clauses 500.214, 500.313, and 590.216 of the Migration Regulations 1994. The Register identified it as in force and current on the access date, with no unincorporated amendments recorded for this title.

Original summary

For a primary subclass 500 applicant, the instrument specifies ways to evidence travel, living, course, and accompanying-family costs. The compilation shows annual living costs of AUD$29,710fortheprimaryapplicant,AUD$10,394 for a spouse or de facto partner, AUD$4,449foradependentchild,andannualschoolcostsofAUD$13,502 for a school-age dependant, subject to stated qualifications and pro-rating. An alternative personal-income route requires official government income documentation showing at least AUD$87,856withoutasecondaryapplicantorAUD$102,500 with one. Specified evidence forms include financial-institution deposits or loans, government loans, scholarships, and financial support.

Consequential claims supported

• Claim: The directly reviewed compilation specifies the listed living, family, school, and income amounts for covered subclass 500 financial-capacity evidence.
  • Jurisdiction: Australia
  • Applicable date: Amendments compiled and in force from 2024-05-10; current status confirmed 2026-07-15
  • Accessed: 2026-07-15
  • Limitations: Applicant type, stay length, amounts already paid, family composition, exemptions, and pro-rata rules alter the calculation.
• Claim: Specified evidence forms include deposits, financial-institution loans, government loans, scholarships, or financial support.
  • Jurisdiction: Australia
  • Applicable date: Compilation in force from 2024-05-10
  • Accessed: 2026-07-15
  • Limitations: The instrument must be read with the Migration Regulations and current application procedures; evidence form does not guarantee sufficiency or visa grant.

Limitations

The instrument addresses financial-capacity evidence, not every subclass 500 criterion. This record summarizes the primary-applicant provisions and does not reproduce all secondary-applicant, Student Guardian, transitional, or pro-rata details. Although the Register marked this title current, users must recheck for later amendments before relying on the numeric thresholds.

Rights and preservation note

link-summary-only is used because republication rights were not assessed. No full legislative text, PDF, EPUB, or media was copied.