Queensland is a popular destination for retirees and welcomes people aged 55 or older who wish to live in Queensland during their retirement years and who are able to make a significant long term financial investment in Queensland.


If you wish to retire in Australia you may be eligible to apply for the Investor Retirement (Temporary) visa (subclass 405). This visa allows you to:

Please note: This visa will not lead to permanent residency. If you hold this visa and would like to extend your stay in Queensland, you can apply for a subsequent Investor Retirement (Temporary) visa (subclass 405) renewal.


Eligibility criteria

Investor Retirement (Temporary) visa (subclass 405)

To be considered for Queensland nomination for this permanent residency visa, you must:


Applying for Investor Retirement (subclass 405) visa renewals

As a holder of an Investor Retirement (subclass 405) visa, you may apply for a subsequent Investor Retirement visa nomination, up to 3 months before the designated investment maturity date, as long as you continue to meet the DHA and Queensland Investor Retirement visa criteria. To obtain Queensland State nomination for the Investor Retirement visa renewal, you must:


Application process

Step 1: Review your eligibility criteria, visa conditions and document checklist on the DHA website and the BSMQ website. Ensure you meet both the DHA criteria and BSMQ criteria, and have all your documentation prepared before you apply.

Step 2: You must first register your interest by clicking the ‘register now’ button below, in order to apply for the initial 405 visa. If you are applying for a renewal, please send an email to BSMQ (migration@qld.gov.au) to request a renewal of your visa. You will also need to provide us your full name, date of birth and current visa subclass. 

Step 3: You will then be asked to lodge the following documentation.

Investor Retirement (subclass 405) visa Investor Retirement (subclass 405) visa renewals
Application form (Queensland State Nomination) – Investor Retirement (subclass 405) visa     
DHA Form 1249     
Provide a copy of your Australian visa (if applicable)    
A one page summary and supporting evidence of assets/investments (including designated investment) Evidence of your overseas assets required Evidence of your Australian assets required
Evidence of net annual income     
Evidence of residency in Queensland, e.g. copies of either rates, electricity, phone notices etc.     
Evidence that the previous designated investment was held for the full term     

Step 4:
When you have uploaded your documents, you will be required to pay a non-refundable application fee to BSMQ, in order to finalise your application. BSMQ will review your application and may request further information.

Please note: you will be given 14 days to finalise your application from the date of invitation. If you are unable to provide the relevant information within this time frame, you must seek an extension from BSMQ. Applications not finalised within time frames will be closed and applicants will need to withdraw and register a new application.

Step 5: Once your completed BSMQ application is received and approved, you will receive a signed copy of the DHA Form 1249 by email to lodge with your visa application. You will be given 12 months to lodge your application with the DHA, however you must lodge your DHA application before your visa expires.


 Important information for all applicants

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