Investor Retirement Visa (Subclass 405)
A temporary visa for people aged 55 years or older who are able to make a significant long term financial investment in Australia. These visas are not a pathway to a permanent visa.
Retirement Visa (Subclass 410)
This visa is not available to new or first-time visa applicants other than new partners of existing or former Retirement visa holders. The recommended visa for new or first time applicants considering spending a period of their retirement in Australia is the Investor Retirement Visa (subclass 405).