Investor Retirement Visas

This visa has closed to new applicants, and is only available for renewal.

This visa is for older people with no dependents (other than a spouse) who want to retire in Australia.

You must be at least 55 years of age and have no dependents other than a spouse. Your spouse can be under 55 years of age.
You must be sponsored by a State/Territory government in Australia.
If you intend to live in a regional area of Australia, you must have at least:
- $500,000 assets available for transfer to Australia AND;
- $50,000 net annual income from investment or pension rights.
If you intend to live in a non-regional area of Australia, you must have at least:
- $750,000 assets available for transfer to Australia AND;
- $65,000 net annual income from investment or pension rights.
You must have held all of the assets for 2 years before applying, unless the assets relate to inheritance, superannuation, or pension rights.
You must invest in State/Territory government bonds:
- $500,000 if you intend to live in a regional area OR;
- $750,000 if you intend to live in a non-regional area.
You must meet health, character, public interest and special return criteria.

You can apply from either outside Australia or in Australia (providing you are in Australia as the holder of a substantive visa).

This visa allows you to stay temporarily in Australia for 4 years.
If you wish to stay longer, you can apply for a further Investor Retirement visa which is valid for another 4 years. You will need to satisfy certain health and financial criteria, and also lodge a further bond.
You are not entitled to social security or welfare benefits while in Australia, and you will need to take out adequate health insurance to cover your stay in Australia.
You will be entitled to work for up to 20 hours per week on your investor retirement visa.