Investor Retirement subclass 405 visa

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Australian Investor Retirement subclass 405 visa

Benefits

The benefit of the Australian Investor Retirement Subclass 405 Visa is that it allows you to stay in Australia for up to a period of four years. You may be allowed to work up to 40 hours per fortnight.

Eligibility

To be eligible for this visa you must:

  • be 55 years or older
  • have an existing investor retirement visa subclass 405 or
  • former investor retirement visa subclass 405 whom has not held a visa since last entering Australia
  • have no dependents other than a spouse
  • Have an income of atleast $65,000 per year
  • have a designated investment of $500,000 in australia
  • You may qualify to have a lower designated initial investment if you wish to live in a regional area.
  • To be of good character
  • You must meet specific health requirements
  • You must be sponsored by a state or territory government agency.

 

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