You must:

• be 55 years or older
• be an existing Investor Retirement visa (subclass 405) holder, or
• a former Investor Retirement visa (subclass 405) holder who has not held another substantive visa since last entering Australia.
• have no dependents (other than a partner who is already the holder of or whose last substantive visa was a subclass 405)
• have an income of AUD65,000 per year (or AUD50,000 if you wish to live in a regional area)
• have a designated investment of AUD500,000 in Australia (or AUD250,000 if you wish to live in a regional area).

This is the only retirement visa. If you are not eligible for this visa, you might be eligible for a parent visa.

Four years