RetirementDiscontinued

Australia Investor Retirement Visa (405)

Australia · Oceania

2.3
Editorial Score

Min Monthly Income

$4,875

Application Fee

$1,056

Processing Time

—

Difficulty

Moderate

Duration

48 months

Path to Citizenship

—

Overview

Temporary 4-year visa for self-funded retirees aged 55+ with no dependents, requiring A$750,000 investment and A$65,000 annual income. Not renewable indefinitely; does not lead to permanent residency.

Eligibility Requirements

RequirementDetails
NationalityOpen to all nationalities
Minimum Age55 years
Minimum Income$4,875 USD/month
Accepted Income SourcesPension / Social Security, Passive / Investment Income
Social Security CountsYes
Pension / Annuity RecognizedYes
Minimum Savings$562,500 USD
Minimum Investment$562,500 USD
Application Fee$1,056 USD
DependentsNot allowed
Local Work PermittedYes
Health InsuranceRequired
Physical PresenceNot specified
Max Consecutive AbsenceNot specified
RenewableYes
Duration48 months
Leads to PRNo

Requirements Checklist

- **Identity**: Passport, proof of age (55+), no dependents declaration.

- **Financial**: Bank statements showing $562,500 USD savings; income proof for $4,875 USD/month (pension statements, Social Security letters); evidence of $562,500 USD for designated investment.

- **Sponsorship**: Victorian Sponsorship Conditions form, Part B Renewal form (if renewing), state nomination letter.

- **Health**: Proof of health insurance (no medical exam required).

- **Other**: No apostille, FBI check, or Certificate of Coverage needed; agent appointment form if applicable.

📍 Application location: Apply online via ImmiAccount on the Department of Home Affairs website (immi.homeaffairs.gov.au) after securing state sponsorship, such as from Victoria's portal (liveinmelbourne.vic.gov.au). Applications can be lodged from inside or outside Australia if eligible. Existing holders or former holders without another substantive visa can renew similarly.

Tax Information

Tax Regime:Worldwide (resident-based)

Holders of the Investor Retirement Visa (405) become tax residents of Australia, subject to tax on worldwide income depending on residency tests. No special retiree tax regime like NHR is specified for this visa. Australia has a tax treaty with the US, which may reduce double taxation on pensions and Social Security. Filing obligations apply annually if income thresholds are met. Consult a tax advisor for specifics on passive income and investment returns.

Work Permissions

·Local employment: Permitted
·Accepted income sources: Pension / Social Security, Passive / Investment Income

Application Steps

  1. 1

    📋 Research eligibility and state sponsorship

    1-2 weeks

  2. 2

    📄 Gather financial proof documents

    2-4 weeks

  3. 3

    📬 Register and apply for Victorian sponsorship

    4 weeks

  4. 4

    📬 Lodge designated investment

    1-2 weeks

  5. 5

    📬 Submit formal visa application to Home Affairs

  6. 6

    ⏳ Wait for visa outcome

    not specified

  7. 7

    🏛️ Arrange health insurance upon arrival

    1 week

FAQ

Frequently Asked Questions

Click any question to expand the answer.

The minimum monthly income required is $4,875 USD. This must come from qualifying sources like pension or passive income. Social Security counts toward this requirement, and pension income is recognized.
Yes, U.S. Social Security counts toward the income requirement for the Investor Retirement Visa (405). It qualifies as an approved income source alongside pensions and passive income. Ensure you provide documentation proving ongoing eligibility.
Pension and passive income sources qualify for the subclass 405 visa. U.S. Social Security is explicitly recognized. You must demonstrate the minimum $4,875 USD monthly income from these sources.
No dependents are allowed on the Investor Retirement Visa (405). Only you as the primary applicant qualify, with no provision for children or other dependents. A partner may be included under state sponsorship conditions per Victorian sources, but structured data confirms no dependents.
You must be at least 55 years old to apply for the subclass 405 visa. This is the minimum and practical age requirement. Younger applicants are ineligible.
Yes, local work is permitted on this visa. There is no specified local income limit in the requirements. Sources indicate up to 40 hours per fortnight is allowed.
No, the Investor Retirement Visa (405) does not lead to permanent residency. It is a temporary visa with no pathway to PR. Renewal is possible, but PR is not an option.
The visa lasts 48 months and is renewable. Existing holders can reapply after four years with state sponsorship. It does not lead to permanent residency.
Health insurance is required for this visa. Specific types are not detailed, but local coverage may apply depending on state conditions. Ensure compliance to avoid visa issues.
You must make a $562,500 USD designated investment, typically in the state treasury like Victoria's Treasury Corporation. This is in addition to minimum savings of $562,500 USD. For regional areas, lower amounts may apply per state rules.

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At a Glance

Renewable✓ Yes
Dependents✗ Not allowed
Leads to PR✗ No
Local Work✓ Permitted
Health InsuranceRequired
SS Income Counts✓ Yes
Pension Recognized✓ Yes
Admin Ease1.0/5

Last verified: May 13, 2026

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