Retirement Visas

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.

You must be 55 years of age or older. Your spouse (if any) can be any age. You must be sponsored by an Australian State or Territory government agency (other than New South Wales or Australian Capital Territory).

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.

You must have assets valued at least A$750,000. These assets will enable you (or you and your spouse) to meet initial settlement and ongoing costs of living in Australia.

Exception: If you intend to live in regional Australia you must have assets valued at least A$500,000.

You must have held all of the assets listed above for 2 years prior to you lodging your application, unless the assets are related to superannuation and/or inheritance. If you are intending to sell assets to enable transfer of funds to Australia, then please note that they should not be sold until you are advised to do so by your immigration case officer.

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

Exception: If you intend to live in regional Australia you must have access to a minimum income of A$50,000.

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.

Exception: If you intend to live in regional Australia you must make a designated investment of A$500,000.

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.

Do you qualify for a Retirement Visa?

Determine your Retirement Visa eligibility in just a few minutes and begin the Visa Application Process to Australia.