NEW ZEALANDINVESTOR VISA
MIN INVESTMENT
3M NZD OR 10M NZD
PROCESSING TIME
24 MONTHS
PERMIT TYPE
TEMPORARY RESIDENCE
FAMILY
SPOUSE, CHILD, PARENT
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SUMMARY
New Zealand is a fantastic place to move to. The Pacific nation provides an ideal environment in which to raise a family. The New Zealand Investor Visa is a residence-by-investment programme that allows you to immigrate to New Zealand. NZ Golden Visa offers a path to permanent residency to foreign investors who invest in New Zealand.
The New Zealand Golden Visa has two investor categories: the base one, which starts at NZ$3 million and provides a 4-year resident permit, and the Plus one, which begins at NZ$10 million and provides a 3-year resident permit. Investing must be done in “Acceptable Investments.” The applicant may apply for permanent residence at the end of 3 years. Citizenship may be used after five years of residency. New Zealand has one of the best passports in the world. Holders are granted visa-free travel to the Schengen region of Europe for 90 days in 180 days and the United States for 90 days. In comparison to other Western countries, taxes are comparatively low.
POPULATION
4.917 Million
CAPITAL
Wellington
CURRENCY
NZD
LANGUAGE
English
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- TYPE: RESIDENCY
- VISA-FREE: EU, US
- PROCESS: 24 MONTHS
INVESTMENT
New Zealand Investor Visa program provides two options to the investors:
- Investor (1) starts at 10m NZD in acceptable investment
- Investor (2) starts at 3m NZD in acceptable investment
Acceptable investments
Suitable investments can be:
- Shares in a New Zealand business. Active or passive equity investment may be made directly or by controlled funds (only the proportion of the Fund invested in NZ is counted as acceptable).
- Bonds issued by the government of New Zealand, local governments, or licenced banks, finance companies, or businesses.
- A new residential property development project is not for the applicant’s personal use and is intended to generate a profit on the open market.
- Philanthropic investments can account for up to 15% of overall investment.
Generally, to be considered acceptable, an investment must:
- Be capable of a commercial return under normal circumstances.
- Be invested in New Zealand in New Zealand currency.
- Have the potential to contribute to New Zealand’s economy.
- Not be for the personal use of the investor.
- This is just an overview, and other conditions apply.
Investment Funds
It is possible to invest a mixture of funds and assets. They must be comparable to investment requirements, but depending on the points claimed in your Expression of Interest, you can invest more (EOI).
You’ll have to provide proof that your investment and properties are owned by you or the family members who are applying with you.
You would also need to provide proof that the funds you wish to invest are available:
- are unencumbered, i.e. not subject to any mortgage, lien, charge and encumbrance (whether equitable or otherwise) or any other creditor claims
- have been earned or acquired legally
- are transferable through the banking system or through a foreign exchange company that uses the banking system (Immigration New Zealand will not approve your application if you are unable to transfer funds to New Zealand through the banking system).
NEW ZEALAND INVESTMENT OPTIONS
NEW ZEALAND INVESTOR 1 VISA
If you are nominated, you must spend NZD 10 million in acceptable investments over three years. If you put at least 25% of your money into assets other than bonds and philanthropic investments, you will only spend 88 days over the course of the three-year investment period.
Applicant Fees: 4,960 NZD (includes dependents)
NEW ZEALAND INVESTOR 2 VISA
If you are elected, you must invest 3 million New Zealand dollars inappropriate assets over four years.
If you put at least 25% of your money into assets other than bonds and philanthropic investments, you’ll only be able to save for 438 days over the course of four years.
Investor 2 visa holders who invest at least 50% of their investment funds in assets other than bonds and philanthropic investment will have their investment sum reduced by 500,000 NZD. For example, if you invest 1.5 million NZD outside of Bonds and Philanthropic Investment and nominate 3 million NZD in investment funds, you will only need to invest another 1 million NZD to fulfill the visa criteria.
Application Fees: 620NZD (EoI online)+ 4,960 NZD (includes dependents)
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PROCESS
Application Processing Time: 24 Months
Step 1 - Month 1
Fill out an 'Expression of Interest (EOI)' form and submit it along with your application fee to New Zealand Immigration. We will invite you to apply for residency if you receive enough points on your EOI. If this occurs, you will have four months to submit your application along with any supporting documentation.
Step 2 - Month 24
If your application is accepted in principle, you'll have 12 months to move your funds to New Zealand and invest them wisely. You must demonstrate that the funds or assets you mentioned in your application came from the source you specified. The immigration department will complete the application until the supporting documents are received.
Step 3 - Month 25
After your visa is granted, Immigration New Zealand will check to see if you're following the terms of your visa, such as investing your money and spending time in the country.
CONDITIONS
- A series of requirements must be fulfilled to apply for New Zealand Investor Visa Program. Check all the requirements for obtaining Residency by Investment in New Zealand.
- Criminal Record:
Police report from any country of which you are a resident and any other country where you spent 12 months or more in the previous ten years — even if the 12 months were not all finished in one visit. The Police Report must be no older than six months old and must be translated into English. - Medical Test:
Medical Certificate and Chest X-ray Certificate. - Condition Investor (2):
o Business Experience: You must have at least three years of business experience. More years provide more points.
o Age Requirement: under the age of 65 years old.
o Financial Requirements: 3,000,000 NZD in available funds or assets
o Language Requirement: On the exam, you must assert at least 1 point. You must complete 20 hours of English language tuition at a New Zealand-registered school or tertiary education provider during the 4-year investment period if your IELTS certificate indicates an overall band score of 3 when you apply for residence.
FAMILY
- Parent Dependent
The parent can apply to the Parent Retirement program - Child Dependent
If your children and your partner's children are single and under the age of 17, or if they are single and under 18 (inclusive) and have no children of their own, you will include them in your submission. Those aged 21 to 24 must be wholly or significantly financially dependent on you and your partner, whether or not they live with you or your partner.
INITIAL PERMIT
The Initial permit an applicant receive is a temporary resident visa. The permit and conditions are different for each category.
New Zealand Investor Visa Plus (1)An applicant’s initial permit is a temporary resident visa. Each group has its permit and set of conditions:
- 44 days in each of the last two years of the three-year investment cycle in New Zealand, OR
- At any point during the three years, 88 days if you have invested at least 2.5 million NZD in growth investments.
The New Zealand Investor (2) resident visa is valid for four years, after which they can apply for permanent residency. During that time, you must do one of the following:
- 146 days a year in New Zealand OR
- 438 days at any point during the 4-year investment cycle if you have invested at least 750,000 NZD in growth investments.
PERMANENT RESIDENCY
- You will be eligible to apply for permanent residency after a three or four-year investment period.
The application would necessitate the submission of some documents:
• Proof of identity
• Police Certificates might be asked again relative to the time you have spent in the country.
• Resident visa conditions:
o travelling to and from New Zealand only for the time allowed by your resident visa
o spending a minimum number of days in New Zealand
o keeping money invested in New Zealand
CITIZENSHIP
- Residence Requirements:
New Zealand residency for five years. To apply, you must be a permanent resident. You must be present for a total of 1,350 days, with 240 days in each of those years. It is possible to make an exception. - Language Requirements:
You need to show proof (English tests) or hold a conversation during the interview. - Criminal Record:
You can't have been convicted of a crime in the last three years, spent time in jail in the previous seven years, or served more than five years in prison (even though you didn't finish it).
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