At what age can you live in a retirement village?
At what age can you live in a retirement village? Commonly retirement villages will have an age criteria of either 70 or 75 years however some allow entry at 65 or even 60 years.
How do retirement villages make money?
A Retirement Village operator’s profit comes from 2 sources, firstly when the village is established and the operator provides the lease to the first resident, then when the outgoing resident sells their unit to an incoming resident.
What is a life right?
What is a life right? A life right is a contract entered into where you, as a retiree, purchase the right to live in a home in a retirement village for the remainder of your life, and the developer retains the unit’s ownership.
Why is the right of life important?
Everyone’s right to life shall be protected by law. This right is one of the most important of the Convention since without the right to life it is impossible to enjoy the other rights. No one shall be condemned to death penalty or executed. The abolition of death penalty is consecrated by Article 1 of Protocol No.
