Scoobydo

Hi all,

I looked up the retirement visas for Queensland and I know that you have to invest and get sponsored but it's been absolutely ages since I have been on this forum that I thought I'd ask.
But as I see it that it's still $750,000 for investment in the region you wish to be in.,
( hoping it had been reduced - wishful thinking )
Is there anyone who can share their experiences of being granted this visa , experiences , any info
Wish I had that kind of money but just seeing , hoping that I may have missed something and things have changed.

Thanks
Scoobydo

tomar

I know quite a few on the 405 visa, (mainly because we are on the ceased 410 visa and meet up regularly) and almost all of them are giving up, the cost of renewal every 4 years has gone up and up, and don't quote me but it's about $12,000 each every 4 years. They now need to re-apply about 9 months before the 4 yr visa ends, because it is taking so long to process, to be safe, pay again for medicals and police checks.

Sorry to be negative, but it's so expensive with no road to PR.

Alan Collett

The Designated Investment is $500k if you are happy to live outside Brisbane/Gold Coast:
https://www.border.gov.au/Trav/Work/...nal-growth#qld

The amount of the DI reduces to $250k when you renew the visa after 4 years.

Good tax outcomes are also available when living in Australia as the holder of this visa.

See also: Designated Investments – How and Where to Apply | GM Investors

Best regards.