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Pathway to Permanent Residence for Retirees
From 17 November 2018 the Department of Home Affairs, will offer current Subclass 405 (Investor Retirement) as well as Subclass 410 (Retirement) visa holders ability to transition to permanent residence.
Briefly, subclass 405/410 visas are aimed at self-funded retirees who have no dependents and want to live in Australia during their retirement years. These visas enable the applicants who are 55 years or older or with a set income of AUD$65,000 per year (or AUD$50,000 per year to live in a regional area) or a set investment to reside in Australia on a temporary basis. However, both visa categories are now closed to new applicants. The new Regulations target retirees who, at the time this change was announced in the Federal Budget on 8 May 2018, held a Subclass 405 (Investor Retirement) visa or a Subclass 410 (Retirement) visa, or who did not hold a substantive visa on that date and the last substantive visa held was one of those visas. In addition, the retiree must not have held a substantive visa, other than one of those visas, since 8 May 2018.
The new legislative instrument establishes a pathway to permanently regularise the status of ageing and increasingly vulnerable long-term temporary residents, holders of Retirement (subclass 410) and Investor Retirement (subclass 405) visas (Retirees), by providing them with a pathway to obtain a permanent visa. By way of background, the Retirement visa was introduced more than 35 years ago to encourage self-supporting Retirees to bring overseas funds into the Australian economy and spend time in Australia as temporary residents at no cost to Australia’s social and welfare system.
While these arrangements resulted in the temporary entry of financially independent Retirees, this is no longer the case for many Retirees particularly since the global financial crisis and due to the ageing nature of the cohort. While the majority of Retirees are from countries with Reciprocal Health Care Agreements (RHCA) with Australia, those who applied for their Retirement visa after 1 December 1998 are ineligible for Medicare under the RHCA. The majority of Retirees have resided in Australia for a significant period with no eligibility for a permanent visa. The intent of this amendment is to address the issues associated with their temporary resident status. These include concerns about the lack of government-funded health care and social services, additional tax and duties imposed on foreigners purchasing properties and uncertainty about their future.
The permanent residence pathway provides for certain holders or former holders of temporary retirement visas to obtain permanent residence in limited circumstances. The reason for this change is a response relating to concerns about the difficulties faced by retirees, including lack of access to health and other Government and community services, and disadvantage in relation to taxation and property issues faced by 405/410 visa holders. To meet the requirements for permanent residence, an applicant must at the time of closure of this visa programme, was already a holder of a Subclass 405 (Investor Retirement) visa or a Subclass 410 (Retirement) visa. The retirees may apply for a Subclass 103 (Parent) visa or a Subclass 143 (Contributory Parent) visa. Retirees must apply in Australia, maintain adequate health insurance until the permanent visa is granted, and meet the relevant health, character and other public interest criteria for the grant of the permanent visa.
The distinction between the Subclass 103 (Parent) visa and the Subclass 143 (Contributory Parent) visa is that the Subclass 143 visa has a higher visa application charge. The higher visa application charge aims to offset part of the future cost of health care and other services. The benefit to visa applicants is that the waiting time for the grant of the Subclass 143 visa is substantially less than the waiting time for the Subclass 103 visa.
Retirees have a choice about whether to apply for the Subclass 103 (Parent) visa or the Subclass 143 (Contributory Parent) visa, or alternatively, continue living in Australia as a temporary resident on a retirement visa without applying for permanent residence.
Retirees who are able to make a valid application for a Subclass 103 (Parent) visa or a Subclass 143 (Contributory Parent) visa will have access to a bridging visa to maintain their lawful status during the processing of the parent visa application
As reported previously, Home Affairs confirmed that the following numbers of visas are available under contributory and non-contributory parent visa scheme:
In the 2018–19 Migration Programme year:
• 1 500 places have been allocated to Parent (non-contributory) visas (subclasses 103 and 804)
• 7 175 places have been allocated to Contributory Parent visas (subclasses 173/143 and subclasses 884/864).
Further information in parent visas can be found here: https://www.homeaffairs.gov.au/about/corporate/information/fact-sheets/39contributory-parent
Comments
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Monday, 03 June 2019Where can I find a printable application form 47PA for applying for a 103 pathway permanent visa?
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Saturday, 10 November 2018
Apparently the 143 “The Contributory Parent (subclass 143)” visa under the pathway is paid in two stages - stage 1 = $5,500 for the application for a single or a (couple as the same price, not absolutely sure) and then stage 2 $43,700 EACH person
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Thursday, 17 January 2019
Hello,
My name is Valerie and I have lived in Australia for 14 and a half years on a 410 retirement visa
I had an appointment this week with a migration consultant in my town to obtain information regarding the new legislation pathway to permenant residency.
I was told I couldn’t apply for the 103 visa as this is an offshore application, and could take over ten years. However after reading your website, this gives conflicting advise, and I am rather confused.
The contributory 143 is not an affordable option for me.
I was also told that Medicare wouldn’t be available for me as I have lived in AUstralia over ten years and it is therefore waved
even if I become a permanent resident.
I would appreciate clarification in this matter.
Kindest regards
Tracy -
Monday, 11 March 2019
Hi Tracy, We were also very confused and we phoned 131881. We got the correct answers from a very helpful person. You also have to read the Pathway visa application notes carefully and after talking to a consultant at the emabassy it makes sense. I wish you all the best in your application.
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Thursday, 04 April 2019
I am a 410 visa holder and applied 2 years ago for an 864 visa. Would I gain anything,in terms of time and cost, by withdrawing my 864 application and applying for the pathway 143
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Tuesday, 29 October 2019
Does anyone know the processing times for the 103 or 143? do they take in to account the time that the person has already spent in Australia on a visa 410?? any more info on this would be much appreciated. My parents are on a 410 and have been for 14 years, both siblings are now Citizens in Aus, but we are seeing processing times like 30 years my parents are in their late 70's so that's out of the question!
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Wednesday, 30 October 2019
103 can take up to 20yrs, 143 about three years two people looking at about 95,000 to 100,000 from sponsors.
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Wednesday, 30 October 2019
Sam we are in the same boat as your parents. Just going to re apply for the 410 visa every 10 years. My husband is 80 and I am 70. $100,000+ is a lot of money at this stage of life.
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Wednesday, 30 October 2019
We intend to do the same thing, nothing is ever straight forward and once they have your money goodness knows where it goes or when you would get what you have paid for.
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Wednesday, 30 October 2019
Almost the same boat for me Sam. We came here on the 410 visa 22 years ago.
I am 80 and my husband is 82. We have the added problem now that he has Alzheimer’s disease and there is no way he could make the transition back To the UK!
My daughter and family are Aussie citizens but we have 3 sons in the UK..
I don’t know quite where this leaves us but there has to be a way. I refuse to worry about it. -
Wednesday, 28 October 2020
Single mail 82 years 17 in Australia on a 410 visa. how much is it to become a permanent resident .
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Sunday, 08 November 2020
I am a Canadian citizen living in Canada. I’m 55 years old and wish to retire in Australia. Specifically, my brother lives in Brisbane. He is a permanent resident. Are there any options for me to accomplish this?.
Immigration blog
How much would sub class visa 143 cost for a married couple holding a 410 visa ? We are here in Australia for over 21 years and...paying income tax !