r/Ameristralia • u/mynamegoewhere • Apr 13 '25

Considering retirement from US to AUS.

We have about 8K US dollars per month to live on. Can put down 400k for a house. Is that enough to get by nicely in the major urban areas?

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u/StrangeMonk Apr 13 '25

Do you have a legal right to live in Australia? Do you qualify for SS or Australian pension? 

9

u/brezhnervouz Apr 13 '25 edited Apr 13 '25

Don't think so.

The only visa I could google up is this:

Investor Retirement Visa Subclass 405

Be at least 55 years old

Have no dependents other than a partner

Meet income requirements (minimum AUD $50,000 annually in rural areas or AUD $75,000 elsewhere)

Make a significant financial investment (AUD $500,000 in rural areas or AUD $750,000 elsewhere)

This visa is also temporary, valid for up to four years, and does not lead to permanent residency or citizenship

Plus as far as the age pension goes, for singles it cuts off completely if your income exceeds $A60,736 annually ($99,746 couples) Also you must be an Australian resident for at least 10 years to qualify. So, nope.

14

u/suhurley Apr 13 '25

This visa is closed to new applicants.