Retirement Visa

The Investor Retirement Visa is designed to attract retirees with significant assets to invest in Australia. They can spend their retirement years enjoying an extremely high quality of life.

The initial Investment Retirement Visa is a temporary Visa which is valid for four years. It is possible to renew it for further terms of 4 years provided certain criteria are met.

In order to qualify for this visa, applicants must be over 55 years of age and have no dependents (other than a spouse). It is also a requirement that applicants must be self-supporting and be willing to make a significant long-term financial investment in Australia.

Applicants will require sponsorship from a participating state/territory government and will be required to make a designated investment in that sponsoring state/territory. Depending on where you intend to settle, the actual investment amount may vary. If you are willing to live in a regional area of Australia, you can take advantage of the reduced investment amount.

You are also required to satisfy certain health and character requirements in order to meet the Visa criteria.

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.

In Summary, you can:

• work in Australia for up to 20 hours per week
• travel in and out of Australia any number of times as long as your visa is valid
• live in Australia for four (4) years
• have your spouse accompany you to Australia.

This visa does not provide access to Medicare or social security benefits.