Retirement Visa

This visa is designed for self-funded retirees who have no dependants and who want to reside in Australia during their retirement years. The visa is temporary and will not lead to Australian permanent residence or citizenship.

Visa validity period

The Investor retirement visa is a temporary visa that allows you to stay in Australia for four years. There is an option to apply for further Investor retirement visas which will allow you to stay for a further four years, however you will need to meet the requirements to be granted a subsequent visa. As long as you continue to satisfy the visa requirements you can keep applying for subsequent Investor Retirement visas.

Age

You must be 55 years of age or older.

Family

You must have no dependent children or other dependent family members other than a spouse.

If you are married or in a de facto relationship, your partner must have no dependent children or other dependent family members.

Assets

You must have assets valued at least A$750,000.

Income

You (or you and your spouse combined) must have access to a minimum net income of A$65,000

Designated Investment

You must be able to make a designated investment of A$750,000 in your name (or your name and your spouse's name), in the State or Territory in which you have been sponsored.

Health insurance

You must have evidence that you, and your spouse (if any), hold an adequate health insurance package for the period of your intended stay in Australia.

Applying for a further Investor Retirement visa

You need to have a minimum net income stream (for example, a pension) that can be accessed for yourself or yourself and your spouse. If you live in a metropolitan area the minimum is A$65,000.

You are able to make or maintain a designated investment of a minimum of A$500,000.

Apply

If you are interested in applying for this visa, please make contact with Bondi Migration