The Pathway will provide eligible Retirement (subclass 410) and Investor Retirement (subclass 405) visa holders (Retirees) with the ability to obtain permanent residence in Australia. It reflects that, although these visas are temporary, Retirees are generally long-term residents who have contributed to and are well established in the community.
It was announced by Government on 8 May 2018 as part of the 2018-19 Budget and will be introduced in November 2018.
One is eligible to apply for the Pathway if, on 8 May 2018:
• held a Retirement (subclass 410) or Investor Retirement (subclass 405) visa; or
• the last substantive visa was one of the above mentioned.
• One must also be in Australia to lodge the application and must have not held any substantive visa apart from a Retirement (subclass 410) or Investor Retirement (subclass 405) between 8 May 2018 and the date of your Pathway application.
The applicants will be subject to most of the existing requirements for a parent visa. This includes meeting the standard health, character and identity criteria.
However, in recognition of Retirees as long-term residents, they will not need to meet the sponsorship, Australian family or Assurance of Support requirements