Immigrant Retirement in Australia

We mean “legal” immigrants. Australia welcomes immigrants coming from various parts of Asia, Europe, Latin America and the United States. The contributions made by most of these migrants (most especially medical practitioners) in Australia are very much acknowledged by the government. In furtherance of Australia’s support to its migrant workers, Australia provides basic services such as medical care and food allowance to immigrants on welfare. Conversely a large number of mature Australians consider relocating across the Tasman to New Zealand to enjoy their twilight years. New Zealand is an attractive option due to the exchange rate, and slightly more afffordable real estate. As an example its possible to buy a bluff property for just over $100,000 (NZD).

After two years of living in Australia, migrant families may file for eligibility to claim tax credits and allowances for dependent children.

Pensions in Australia, as well as most benefits for immigrants are means- tested. Means-tested benefits are those which are paid based on your income or savings criteria.

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