Australia has massive appeal to Americans for obvious reasons—the climate, the people, the beaches, no language barrier; I could go on and on. But its going to cost you.
You too can retire in Australia, at least temporarily, if you have both significant assets that you are willing to tie up in Australian bonds and also a significant pension.
The rest of you might as well stop reading now. Sorry Charlie.
The visa is only for four years, but may be extended for two years after that, and perhaps continuing extensions. You also need to provide your own health insurance purchased from an Australian company.
Lower cost region: Investment of 500,000 Australian dollars, pension income 50,000 AUD annually
Higher cost region: Investment of 750,000 Australian dollars, pension income 65,000 AUD annually.
(Exchange rate today: 1 AUD = 77 US cents)
More details at: