Retirement Migration

Australia's temporary residence program includes a category for people wishing to live in Australia in their retirement. An Investor Retirement [subclass 405 - Temporary] visa allows retirees to spend some of their retirement years in Australia.

Other categories of visa may be better suited to clients wishing to gain permanent residency including parent visas, remaining relative visas and other permanent visas.

Speak to a My Immigration Manager adviser today to be further advised of your options.

What is an Investor Retirement visa?

An Investor Retirement visa is a temporary entry visa to Australia. It does not lead to permanent residency in Australia or to Australian citizenship. You may apply for an Investor Retirement visa if you are over the age of 55, have no dependants (other than a spouse), and are able to support yourself financially in Australia without being a cost to Australia's social and welfare services and are sponsored by a State or Territory. You must also be of good health and character, and have adequate health insurance.

Investor Retirement visa holders may work for up to 20 hours each week.

If you are successful in gaining an Investor Retirement visa you will be allowed to come to Australia, initially, for 4 years. Once in Australia, after the initial 4-year period, you can apply for a further stay.

This visa regime is particularly complex and has a high financial threshold, it is recommended that you seek advice about your eligibility before considering an application for this visa.

Email an adviser for further information.