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Health Care in Australia
What health care will you need for an Investor Retirement Visa?
Investor Retirement visa holders are generally not covered by Medicare - the public healthcare system in Australia - or entitled to Australian social security benefits. It is therefore essential to have adequate health insurance and sufficient funds to support yourself during your stay in Australia.
Private health insurance plays an important role in the health care system in Australia, providing about 11% of national health care funding. There are many healthcare funds in the marketplace and each offers a variety of schemes and different levels of cover.
People with private health insurance receive benefits such as choice of doctor, choice of hospital and shorter waiting periods for non-urgent procedures. Private health insurance can also help with the cost of services such as dental, optical, physiotherapy and podiatry services.
All health funds operate "qualifying periods", whereby new customers have to wait a specified period before being eligible to claim non-emergency treatments and services. When comparing health funds, you should pay particular attention to these waiting periods, as they can vary considerably.
Do you qualify for an Investor Retirement Visa?
Determine your eligibility under the Retirement Visa Program in just a few minutes and begin the Visa Application Process to Australia.