Over 50 Applying for Permanent Residency in Australia: Options and Requirements

Over 50 Applying for Permanent Residency in Australia: Options and Requirements

Applying for permanent residency (PR) to Australia as a 54-year-old can be challenging, as the typical Points-Based System often screens out applicants based on age. However, there are alternative pathways to consider, including the Investor Visa and Spouse Visa programs. This article will explore these options and the specific requirements associated with each one.

Investor Visa

The Investor Visa is a viable option for individuals who have substantial financial resources to invest in the Australian economy. This visa involves committing a significant amount of capital, which varies based on factors such as the type of visa and investment program chosen. The Australian government has streamlined the application process for those who can invest a minimum of a few million Australian dollars.

Key Requirements:

A minimum investment of a few million Australian dollars in the Australian economy. Possession of no other plans for the invested funds.

For detailed information on the specific investment programs and requirements, interested individuals can visit the official Australian Department of Home Affairs website or consult a professional migration agent.

Spouse Visa

The Spouse or Partner Visa is another option for those who are in a verifiable relationship with an Australian citizen or permanent resident. This visa is available to those who have been in a relationship for at least one year.

Key Requirements:

Being in a verifiable relationship with an Australian citizen or permanent resident for at least one year. Ensuring that the relationship continues during the application process.

To apply successfully for a Spouse Visa, it is crucial to provide substantial evidence of the relationship, including shared financial records, travel histories, and other relevant documentation. Consultation with a migration agent can be beneficial to ensure that all necessary requirements are met.

Be Prepared for Additional Screening

For certain visa types, such as Employer Nomination Scheme (EOS) visa subclass 186 and the Regional Sponsored Migration Scheme (RSMS) visa subclass 187, additional screening criteria may apply. These criteria include age, skills, and English language proficiency. Here are the detailed requirements:

Age Requirements and Exemptions

The general requirement is to be under 45 years of age. However, exemptions are provided for the following applicants:

Nominated as a Senior Academic: By a university in Australia, this applies to the Temporary Residence Transition Stream and Direct Entry Stream. Nominated as a Scientist: By an Australian government scientific agency, also applying to the Temporary Residence Transition Stream and Direct Entry Stream. Government Nomination: Through the Temporary Residence Transition Stream, where the nominee has worked for their nominating employer for three years with earnings at least equivalent to the Fair Work High Income Threshold for each year of the period. Medical Practitioners: ANZSCO Minor Group 253, working in regional Australia for at least three years and meeting other specific criteria. Labour Agreement Stream: Where the labour agreement allows for the employment of a person aged 45 and above. Transitional Arrangements: For those over 45 but under 50 whose subclass 457 visa was granted before 18 April 2017, they may apply through the Temporary Residence Transition Stream if certain conditions are met.

In summary, while the typical Points-Based System may not cater to older applicants, there are still pathways to permanent residency in Australia. By understanding the eligibility criteria and requirements for the investor and spouse visas, as well as the specific conditions for employer and regional sponsorship, applicants can increase their chances of successfully obtaining permanent residency.

Keywords: PR Australia, Investor Visa, Spouse Visa