The Department of Home Affairs removed the 405 Investor Retirement visa from the list of available visas on 1 June 2018. New applicants are no longer able to apply for this visa.

Applications made on or after 1 June 2018 for Investor Retirement visas will only be accepted from existing Class UY, subclass 405 visa holders. Existing 405 visa holders will be able to renew their visas, but the class is closed to new applicants from 1 June 2018.

To apply for a renewal of the 405 visa please send an email to Business and Skilled Migration Queensland (BSMQ) and provide us with the following information.

We will forward you all the necessary document to lodge the renewal application with Business and Skilled Migration Queensland (BSMQ).

 

Pathway to permanent residency for Investor Retirement (subclass 405) visa holder

Department of Home Affairs has announced a new pathway to permanent residency for Investor Retirement (subclass 405) visa holders that will come into effect on 17 November 2018. The Pathway will provide eligible 405 visa holders with the ability to apply for the Parent (subclass 103) or Contributory Parent (subclass 143) visa in Australia.

For more information on this new pathway for 405 visa holders, please see the following link to the HA’s website.