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-   -   retirement visa not sure of the subclass (https://www.australiaforum.com/visas-immigration/31673-retirement-visa-not-sure-subclass.html)

louiseb 10-02-2013 12:17 PM

retirement visa not sure of the subclass
 
Ok guys does anyone know anything about the old retirement visa? It was issued a few years ago and no longer excist,s, i have a friend who is on this visa with her husband they have being here for 7 years it was first granted for 4 years and re issued for another 10 years, they have being informed that they can not claim medicare, they have to be self sufficient. Just wondering if anyone knows anything about it and if things have changed.

CollegeGirl 10-02-2013 02:23 PM

Sorry Louise - without a subclass number I can't even research this to see what I can find for you. Maybe Mark will know... Or you can ask your friend to get on VEVO and see what subclass her visa is...

shingle 10-02-2013 06:56 PM

this one maybe- or 410 ?


Investor Retirement (Subclass 405)

About this Visa
How this Visa Works
Eligibility
Obligations
Applying for this Visa

Obligations

If you are granted this visa you must:

maintain your designated investment
hold an adequate health insurance package for the period of your intended stay in Australia
not work for more than 40 hours per fortnight while you are in Australia.


Either way- it's not a Permanent visa & demands self- sufficiency afaik.

What specifIcally were they hoping for, do you know?

louiseb 10-03-2013 07:29 AM

Quote:

Originally Posted by shingle (Post 192009)
this one maybe- or 410 ?


Investor Retirement (Subclass 405)

About this Visa
How this Visa Works
Eligibility
Obligations
Applying for this Visa

Obligations

If you are granted this visa you must:

maintain your designated investment
hold an adequate health insurance package for the period of your intended stay in Australia
not work for more than 40 hours per fortnight while you are in Australia.


Either way- it's not a Permanent visa & demands self- sufficiency afaik.

What specifIcally were they hoping for, do you know?

yes this is the visa thank you, i wanted to find out if there was a way these friends could actually apply for a different visa whilst on this visa, the visa doesnt excist anymore and only a couple of thousand of these visa,s were issued. There not allowed medicare ect and as you say they can only work so many hours a fortnight. Can they apply for a PR visa they have being here 7 years now.

thanks louiseb

shingle 10-03-2013 09:33 AM

The retirement visa is not one that leads to PR- it was never meant to. I really don't see how they could apply for PR over retirement age unless they have specific ties to the country eg adult PR/Citizen children there, in which case one of the Parent visas would be the obvious option.

CollegeGirl 10-03-2013 01:22 PM

Louise - I would try the Visa Wizard with them and see if there are any other options - but I think shingle is right. Do they have children in the country and substantial assets? If so they could go the Contributory Parent Visa route. Or they could go the Noncontributory Parent Visa route, but the queue for that is a ridiculous sixteen years at the moment. :(


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