End of 410 visa?
Jan 12th 2004, 4:25 pm
#1
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End of 410 visa?
From 'The Australian' website
Only retirees aged over 55 and backed by $800,000 to $1million of net worth and willing to invest $500,000 in state and territory bonds will receive a four-year rolling visa.
They must be sponsored by a state or territory government, have no dependents, pay a one-off $8000 visa charge and have full private health cover. "All in all, they will bring benefits to Australia while they spend four years of their retirement here," Senator Vanstone said.
So were the increased requirements already announced just the start?
Only retirees aged over 55 and backed by $800,000 to $1million of net worth and willing to invest $500,000 in state and territory bonds will receive a four-year rolling visa.
They must be sponsored by a state or territory government, have no dependents, pay a one-off $8000 visa charge and have full private health cover. "All in all, they will bring benefits to Australia while they spend four years of their retirement here," Senator Vanstone said.
So were the increased requirements already announced just the start?
Jan 12th 2004, 5:58 pm
#2
Joined: Aug 2003
Posts: 8,147
Re: End of 410 visa?
Originally posted by lesleys
From 'The Australian' website
Only retirees aged over 55 and backed by $800,000 to $1million of net worth and willing to invest $500,000 in state and territory bonds will receive a four-year rolling visa.
They must be sponsored by a state or territory government, have no dependents, pay a one-off $8000 visa charge and have full private health cover. "All in all, they will bring benefits to Australia while they spend four years of their retirement here," Senator Vanstone said.
So were the increased requirements already announced just the start?
From 'The Australian' website
Only retirees aged over 55 and backed by $800,000 to $1million of net worth and willing to invest $500,000 in state and territory bonds will receive a four-year rolling visa.
They must be sponsored by a state or territory government, have no dependents, pay a one-off $8000 visa charge and have full private health cover. "All in all, they will bring benefits to Australia while they spend four years of their retirement here," Senator Vanstone said.
So were the increased requirements already announced just the start?
hi!
should that have read 'only ''very rich'' retirees'?
