Retirement village providers
Retirement villages can be privately owned or owned and operated by not-for-profit organisations. They are not subsidised by the Government.
Retirement villages can be resident funded or donor funded. In a resident funded village, residents ‘buy’ their villa or apartment under one of the tenure arrangements, and they contribute to the village’s cost of ongoing management.
Donor funded villages are normally owned and operated by not-for-profit organisations or church groups. They include an element of charitable subsidy and entry is generally restricted to the needy.