Resident Return Visa Subclass 155
New Zealand citizens whom arrived in Australia before the 1st September 1994 may be eligible to apply for the Resident Return Visa, subclass 155 (RRV).
There is a variety of criteria that must be satisfied before the Department of Home Affairs will decide to grant an RRV.
The three key criteria that must be met are:
Evidence of entry
Substantial Ties that are of benefit to Australia
In some cases, compelling reasons for absences
The RRV is a travel facility that lasts for either 12 months or 5 years depending on an individual's permanent resident status in the 5 years immediately before applying.
I applied for and was granted the RRV in 2013 and was able to go on and apply for Australian citizenship as well. Without this opportunity it would have taken several more years before ever qualifying for a permanent visa.
I have dealt with and assisted a number of fellow Kiwis and there are numerous risks with the application process and understanding the unique conditions attached to this visa.
As appealing as it may seem, applying for the RRV may also not be the best option if you have a family that you wish to include because they cannot be included in an RRV application. Therefore, depending on the composition of a person's family, RRV can potentially eliminate other visa options if not explored in its entirety. This can prove to be very disastrous and extremely costly in the long run.
However, for individuals or couples whom don't have children under 23 years old, it's a great opportunity because the RRV is granted usually within 1-2 months proving to be the quickest way to gaining permanent resident status. There is also no medical or age requirements which makes it even more unique. It's also a great option if you have no other options to assist family members as it opens the possibility to sponsor loved ones.
Ultimately, before doing anything further it's wise and advisable to get formal advise so before you embark on anything you at least know the pathway you're choosing is right for you.