When researching Australian Parent Visas—specifically the Contributory Parent Visa (Subclass 143) or Parent Visa (Subclass 103)—sponsors frequently encounter the term AOS Bond. A common misunderstanding is assuming this represents an unrecoverable statutory visa fee paid to the Department of Home Affairs.
In reality, the AOS Bond is a refundable security deposit administered under the Assurance of Support (AoS) scheme managed by Services Australia (Centrelink).
1. What is an Assurance of Support (AoS)?
An AoS is a legal commitment by an Australian permanent resident or citizen (the assurer) to financially support the migrating visa applicant so they do not rely on recoverable social security payments during their initial settlement period.
2. Is the AOS Bond refundable?
Yes. The bond funds are lodged as a term deposit with the Commonwealth Bank of Australia (CBA). If the visa holder does not draw upon recoverable Centrelink income support during the statutory 10-year AoS validity window (for Subclass 143/864), the full principal plus accrued interest is refunded to the assurer.
Parent Visa strategy with De1 Consultancy
De1 Consultancy coordinates parent visa filings, Balance of Family tests, and Centrelink AoS submissions to guide families seamlessly through the multi-stage process.
Source: Services Australia / Department of Home Affairs / De1 Analysis
