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Migration Regulations 1994
1212BInvestor Retirement (Class UY)
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1212B Investor Retirement (Class UY)
(1) Form: The approved form specified by the Minister in a legislative instrument made for this item under subregulation 2.07(5).
- 2 Additional applicant charge for an applicant who is at least 18 $255
- 3 Additional applicant charge for an applicant who is less than 18 $125
Note: Regulation 2.12C explains the components of the first instalment of visa application charge and specifies the amounts of subsequent temporary application charge and non‑Internet application charge. Not all of the components may apply to a particular application.
Additional applicant charge is paid by an applicant who claims to be a member of the family unit of another applicant and seeks to combine the application with that applicant’s application.
(b) the second instalment (payable before grant of visa) is $12 990.
(a) An application must be made at the place, and in the manner, (if any) specified by the Minister in a legislative instrument made for this item under subregulation 2.07(5).
(c) Application by a person claiming to be the spouse or de facto partner of a person who is an applicant for an Investor Retirement (Class UY) visa may be made at the same time and place as, and combined with, the application by that person.
(d) Applicant seeking to satisfy the primary criteria for the grant of a Subclass 405 visa must:
(i) be sponsored by an appropriate regional authority; and
(ii) provide, with the application, form 1249 signed by an officer of the authority who is authorised to sign a sponsorship of that kind; and
(iii) be at least 55 years old, unless:
(A) the applicant is the holder of an Investor Retirement (Class UY) visa; or
(B) the last substantive visa held by the applicant since last entering Australia was an Investor Retirement (Class UY) visa.
(e) Application may be made on or after 1 June 2018 by a person only if:
(i) the person is the holder of an Investor Retirement (Class UY) visa; or
(ii) the last substantive visa held by the person since last entering Australia was an Investor Retirement (Class UY) visa.
Note: For appropriate regional authority, see regulation 1.03.
405 (Investor Retirement)