Press Releases
Information About Subclass 405 Investor Retirement And 410 Retirement Visa Holders

India, 13 November 2018 -- A new pathway to permanent residence for Subclass 405 Investor Retirement and Subclass 410 Retirement Visa will commence on 17 November 2018. A portion of the PR places will be set for the retirement visa holders. They will be exempted from certain Australia parent visa requirements, and one such exemption is having a family in Australia.

Earlier there were no pathways to permanent residence for subclass 405 Investor Retirement and Subclass 410 Retirement Visa holders. To remain in Australia, the migrants used to reapply after every 4-5 years and meet the relevant criteria of every application submitted. From 17th November 2018, Subclass 405 and 410 retirement visa holders will have the opportunity to apply for Australian Permanent Residency through the Australia Parent visa subclass 103 and Australia Parent visa Subclass 143 Contributory Parent Visas.

For 405 Investor Retirement and 410 Retirement Visa holders who have already been refused a parent visa department of Home Affairs have added a ‘safety net’ clause that allow them to apply for apply for 405 investor retirement and 410 retirement visa to help them stay in Australia.

Also, this Australian PR pathway would remain open till all the Retirement Visa holders who want to apply have applied for permanent residency of Australia.
However, this new visa category may not be for all 405 Investor Retirement and 410 Retirement Visa holders. Applicants applying for Australia parent visa must meet the health criteria that are assessed by the Medical Officer of the Commonwealth. Not having any medical condition would result in no costs to Australian community or prejudice to the health care or community service of Australia. Though, this requirement is irrelevant to the applicants using Australian healthcare or community services.

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Submitted by kapoorplastics, Kapoor Plastics on Tuesday, 13 November 2018 at 8:44 PM
Category: News & Media
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