Retirement Visa Applications
Sorry, this visa class has been discontinued from our services.
We no longer offer this service.
The Australian Government Immigration Department (DIMIA) have confirmed the subclass 410 Retirement visa is due to be cease with effect from 1 July 2005 i.e. no further applications will be accepted after 30 June 2005.
Those persons who already hold 410 visas, or those whose applications are lodged before 30 June (and which result in the grant of visas) will be treated quite differently from current 410 holders - fortunately, for the better.
It appears (although additional information May come from DIMIA in the future) that 410 holders MAY be granted full work rights and WILL be granted 4 year roll-over visas, rather than the two years they are granted at present. Roll-overs will be granted on the basis of no medicals (unless otherwise indicated i.e. time spent in high risk countries) and no need to evidence capital requirements (unless indicated by applicant having accessed for example Australian benefits).
The 410 visa is to be replaced by the Regional Investor category, but it is not clear at this point that this will come into effect on 1 July, as there appears to be some level of resistance on the part of one or another of the State / Territory Governments. As we have reported in the past, the proposed Regional Investor visa will require 'sponsorship' by a State / Territory Government. |