Retirees pathway to permanent residency
Retirement Visas Explained Until May this year, the Department of Home Affairs offered a temporary visa called, the Subclass 405/410 Visa aimed at self-funded retirees who have no dependents and wanted to live in Australia during their retirement years. This visa enabled the applicants who are 55 years or older or allowed existing visa holders from this category holders with a set income of AUD$65,000 per year (or AUD$50,000 per year to live in a regional area). Retirees wh