The anticipated pathway to a permanent visa for Subclass 405 – Investor Retirement visa and Subclass 410 – Retirement visa holders have been released. A permanent visa will only be eligible to those who held a retirement visa on 8 May 2018 and who have not held another substantive visa since that date other than a retirement visa. Instead of creating a new subclass, existing Subclass 103 – Parent visa and Subclass 143 – Contributory Parent visa subclasses will be amended to accommodate.Read More
Latest Australian immigration news
For Australian immigration news and important announcements. To receive notifications as they are posted, make sure you follow Peak Migration's Linkedin page or subscribe to our RSS feed.
Disclaimer: Any posted material is not intended to be immigration advice and does not purport to represent all requirements for a successful application or applications. No person should act on the basis of the material contained in any post without obtaining advice relevant to their situation, and without considering and taking professional advice where necessary. All opinion expressed is that of the author and nobody else.
From 1 June 2018, Subclass 405 - Investor Retirement visa will be closed to any new applicants other than existing 405 visa holders. With sponsorship required at the time of applying, it will be next to impossible for potential applicants not already 405 visa holders to lodge a valid application.Read More
The 2018 Federal Budget handed down last night contained the surprise announcement of a pathway for permanent residence for Subclass 405 - Investor Retirement and the already repealed Subclass 410 – Retirement visa holders. Once established there will be no visa available for those wanting to retire in Australia.Read More