The Retirement Pathway is the means by which the holders of subclass 410 and 405 visas can obtain permanent residency.  Subclass 410 and 405 visas are no longer available to new applicants – they can only be renewed by existing 410 and 405 visa holders.

The numbers are as follows, with numbers at 31 July 2022 in italics.

Subclass 143 – 11 ; was 14

Subclass 103 – 212 ; was 207

From this we might reasonably conclude that subclass 103 visa applications under the Retirement Pathway have not yet started to be processed, even though the Department indicated that processing of such applications would commence in the current program year (to 30 June 2023).

A table that provides details of the number of CPV applications that were lodged with the Department of Home Affairs as at 30 October, 2020 is accessible at the link below.

Even allowing for the fact that some of these applications will be withdrawn or will be refused rather than granted – the numbers in these regards are unlikely to be more than 10% of the total – we believe that these details support our view published on this blog a month ago: CPV application processing times are likely to be somewhat longer than has been advertised by the Department of Home Affairs to date.

Unless of course there is a step up in the number of CPV grants over the next few years.

Allowing for a 10% rate of refusal and withdrawal there are some 50,000 applications waiting to be granted.

The number of parent visas to be granted over this program year to 30 June 2021 – including non Contributory subclass 103s and 804s – is slated to be 4,500.

In previous years the number of CPV grants has been around 7,000 for each program year.

As some might say – you do the maths!

Go Matilda Visas is an informed migration advisory practice, and believes it has a responsibility to advise intending migrants of what should be expected as to outcomes and timelines, and not to set unrealistic expectations.

If you already have a parent visa application submitted to the Parent Visa Centre and think you might like some professional assistance to get you through to your visa being granted – or are planning to submit a parent visa application with the support of a registered migration agent – and would like a free no obligation conversation with us please feel able to complete the enquiry form on this page.

We will then contact you to tee up an initial discussion.