Spend some of your retirement time in Australia

With retirement an inevitable part of a person's life, it is important to consider your options and plans for retirement even at an early stage in your life.

Melbourne, Australia (prHWY.com) February 4, 2013 - National Visas (www.nationalvisas.com.au) - With retirement an inevitable part of a person's life, it is important to consider your options and plans for retirement even at an early stage in your life.

You can opt to apply for a retirement plan from where you are currently living or you may decide to get a retirement visa for Australia. The latter is an option that is being availed of by quite a number of retirees today.

Retiring in Australia with a retirement visa will allow you to relax, do the things you have always wanted to do, and still be able to earn a supplementary income as you will be allowed to work at least part-time in Australia. If you are 55 years of age and above and you are financially able to support yourself during your stay in the Land Down Under, then you might want to consider obtaining this visa as part of your retirement plans.

There is a specific set of requirements that you need to satisfy to be eligible for a retirement visa. First of all, you must meet the minimum age requirement of 55 or above, and must no longer have any dependent children. You also need to meet health and character requirements. Thirdly, you also need to already have arranged sponsorship by an Australian state or Territory Government Agency.

There are also financial requirements that must be met for the retirement visa.

If you intend to settle in a non-regional area of Australia, then you need to prove that you have assets that amount to over AU$750,000 which can be transferred to Australia. You must also be able to prove that your annual income is AU$65,000 or more. Thirdly, you must be capable of making an investment in Australia that would amount to AU$750,000 at least.

Alternatively, if you intend to settle in regional Australia, you must demonstrate AU$500,000 of assets capable of transfer to Australia. Your income per year should not be lower than AU$50,000, and you must be able to invest at least AU$500,000 in Australia.

You can apply from this Visa from inside Australia if you already hold another type of visa, or you can also apply for the retirement visa from outside of Australia. You also have the option of seeking the help of visa experts such as the migration agents at National Visas.

Retiring in Australia will be an exciting move. With the country being a place of multiple cultures, you will get to experience something more than the ordinary. Australia is also one of the most livable countries in the world, and if you choose to retire there on a retirement visa, you will understand why.

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Tag Words: retirement visa, australia

Categories: Travel

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