About:
This visa is designed for self-funded retirees who have no dependants and who want to reside in Australia during their retirement years. The visa is temporary and will not lead to Australian permanent residence or citizenship. This temporary visa will be initially given for 4 years with 4-year extensions.
Requirements:
People from overseas who are 55 years or older, have no dependants (other than a spouse who can be any age), are self supported, and are able to make a significant long term financial investment in Australia.
You have limited work rights of no more than 20 hours a week.
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