If you have dreamed of enjoying some of your retirement years in Australia then subject to certain requirements related to your age, financial situation and family situation the Investor Retirement Subclass 405 visa may allow you to realize your dream.
Applicants must be over 55 years of age, have no dependents (other than a spouse), and be self-sufficient with significant assets. Sponsorship by participating State / Territory Governments, maintenance of private health insurance and making a significant designated investment are also required.
This visa subclass is designed to attract retirees with significant assets to invest in Australia. Retirees can spend their retirement years enjoying Australia’s relaxed lifestyle and quality of life.
The Investor Retirement Visa is a temporary residency visa for an initial 4-year period of stay. The Investor Retirement Visa can then be renewed, indefinitely, for further terms of 4 years. However, this visa will not lead to Australian permanent residence or citizenship.
Investor retirees are permitted to undertake work in Australia for a maximum period of 20 hours per week
9.
Will you have an annual income of at least AU$50,000?
Yes
No
Could you bring at least AU$500,000 from various assets with you to Australia?
Yes
No
In addition to this, are you willing to make a designated investment of at least AU$500,000 to Australia?
Yes
No
9.
Will you have an annual income of at least AU$65,000?
Yes
No
Could you bring at least AU$750,000 from various assets with you to Australia?
Yes
No
In addition to this, are you willing to make a designated investment of at least AU$750,000 to Australia?