Subject: Re: Retirement?
Hi, Ziners,

About retiring in Australia Marghe and Marty wrote "You can qualify for a Retirement Visa without a lot of money or huge monthly passive income."

Having my curiosity peaked, I checked. For other Ziners who may be interested, to qualify you must (all funds in Australian dollars): 1. age 55 or over 2. have no dependent family members 3. have $870,000 - or - $350, 000 with an annual retirement income of $52,000 (amounts are slightly less if you have a non-dependent child living in Australia) 4. have comprehensive private health insurance (as you will not be covered by Australia's national health system)

Full details here: The above financial information was extracted from Form 1044i:

Cheers, Pat