Retirement Visa Pathway to Permanent Residency

The Australian Government has created a pathway to permanent residency for eligible retirees.

This pathway provides options to long-term residents who have contributed to, and are well established in the community.

The government has built the pathway by setting aside a portion of places from the permanent migration scheme for parents.

Eligibility

You may be eligible to apply for a pathway to permanent residence if, on 8 May 2018:

  • you held a Retirement visa (subclass 410) or Investment Retirement (subclass 405) visa; or
  • your last substantive visa was a Retirement visa (subclass 410) or Investment Retirement (subclass 405) visa.

You must also:

  • not have held any substantive visa apart from Retirement visa (subclass 410) or Investment Retirement visa (subclass 405) between 8 May 2018 and the day you apply for the permanent residence pathway, and
  • be in Australia when you apply for the permanent residence pathway.

Pathway options

Eligible retirees may access the pathway by applying for a:

You will be subject to most of the existing requirements for a parent visa.

However, you will not need to meet the sponsorship, balance of family test or Assurance of Support requirements.

If your Retirement visa (subclass 410) or Investment Retirement visa (subclass 405) is about to expire and you lodge a pathway application, the Department of Home Affairs will grant you a Bridging visa which will allow you to stay in Australia lawfully while they process your pathway application.

If you lodged a Parent visa (subclass 103) or Contributory parent (subclass 143) application before 8 May 2018 and wish to be assessed on the retirees’ pathway, you will need to withdraw your existing parent visa application and lodge a new pathway application.

Parent visa (subclass 103)

No places will be available for retirees under the Parent visa (subclass 103) until 2022.

Waiting times for Parent (subclass 103) visas are significantly longer than those for Contributory Parent (subclass 143) visas.

Contributory Parent visa (subclass 143)

The Department of Home Affairs will give priority to retirees who apply under the Contributory Parent (subclass 143) category until places become available in the Parent visa subclass from 2022.

After you apply

Health cover

If you have lodged a pathway application and you are waiting on the Department of Home Affairs’ decision, you are not eligible for Medicare.

You must maintain adequate health insurance while they assess your pathway application or you will breach your visa conditions.

Other government benefits

Your visa status will remain temporary until the Department of Home Affairs have decided on your pathway application.

Check with government websites to see how this may impact your: