For those considering a Retirement visa, the age band is 55+, must have sufficient income and/or capital available for transfer to Australia and have no dependants. For this category, you may benefit from having a child permanently resident in Australia as this means the income/capital threshold you have to meet is set slightly lower.

• This visa allows you to stay temporarily in Australia for 4 years.

• If you wish to stay longer, you can apply for a further Investor Retirement visa which is valid for another 4 years. You will need to satisfy certain health and financial criteria, and also lodge a further bond.

• You are not entitled to social security or welfare benefits while in Australia, and you will need to take out adequate health insurance to cover your stay in Australia.

• You will be entitled to work for up to 20 hours per week on your investor retirement visa.