When you apply for Victorian visa sponsorship, your application is assessed against a number of criteria. We apply the criteria below across all applications.
Applicants are required to meet the Department of Immigration and Border Protection (DIBP) requirements.
Applicants must be aged 55 years or older and have no dependants, other than their partner.
The applicant must have a genuine commitment to establish a residence and reside in the state of Victoria as per the visa and nomination conditions.
Applicants must have made a designated investment of at least A$750,000 in their name (or in the names of the applicant and their partner), in the Treasury Corporation of Victoria. The funds for the designated investment are in addition to DIBP’s asset requirements.
If the applicant intends to live in regional Victoria they must have made a designated investment of at least A$500,000 in their name (or in the names of the applicant and their partner) in the Treasury Corporation of Victoria.
Metropolitan and Regional areas are based on postal codes nominated by the Department of Immigration and Border Protection.
A designated investment must be maintained for the duration of the Investor Retirement visa (subclass 405). The amount of the designated investment decreases by A$250,000 the first time the applicant reapplies for the visa and then remains constant thereafter. If the applicant reapplies for their Investor Retirement visa (subclass 405) a designated investment of A$500,000 must be made and maintained. If the applicant lives in regional Victoria a designated investment of A$250,000 must be maintained.