- Permanent residence for successful applicants
- Dependents include
- Spouse or Partner
- children up to 24 years old
- Access to one of the most advanced education and healthcare systems in the world
- No age requirement
- No points-based requirement
- Possibility to apply for New Zealand citizenship after 5 years and intend to continue living there
- Possibility to bring the applicant’s car, boat and household items to New Zealand, free of customs charges
Investment fund requirements
An applicant has the choice of investing in the following acceptable investments:
- New Zealand government bonds or local authorities, bonds issued by New Zealand registered banks
- Equity in New Zealand firms, public/private
- Managed funds where the amount invested relates wholly to New Zealand companies
- New residential property developments, which are regularly approved by competent authorities
- Some commercial properties
- Philanthropic Investments
- Meet health and character requirements
- Investment of NZ 10 million into acceptable investments for a minimum of 3 years – NB: there is no requirement of a minimum investment amount for each category)
- Physical residence of a minimum of 44 days in each of the last 2 of the 3-year investment period; or 88 days at any time over the 3-year investment period if the applicant has invested a minimum of NZD 2.5 million in growth investments
- At the end of the 3-year investment period, subject to maintain all of the criteria for the duration, possibility to apply for a permanent resident visa for the applicant and any family member included in the application, and eventually citizenship
- Application forms preparation and submission, together with payment of all fees
- Consideration of application and supporting documentation
- Upon approval-in-principal, transfer of the funds and investment in acceptable investments within 12 months (possible extension to 18 months)
- Submission of documents supporting that the funds come from the same source than the one named in the application
What is the requirement for Investor 1 Visa?
The applicant must make a complying investment or a complying significant investment of at least NZ$10 million over three years.
Who may be included in the application?
- Partner (spouse) – married or de facto (same or opposite sex); or
- dependent child, up to 24 years of age.
Are there any health requirements?
Yes, the applicant must have a chest x-ray and a medical examination as proof of his good health.
Are there any character requirements?
Yes, all applicants 17 years or over, must provide a Police Certificate from his country of citizenship and any other country where he has spent 12 months or more over the last 10 years, even if he did not spend that 12 months all in one visit.
Is there any point test requirement?
Is there any age limit to apply?
Is there any English requirement?
Is there a residency requirement?
The investor needs to stay in New Zealand for 44 days in each of the last 2 years of the 3-year investment period, or alternatively 88 days over the 3-year investment period. The period in which the investor needs to remain in the country depends on the value of the investment.
What are growth investments?
These are ‘acceptable investments’ other than bonds and philanthropic investments. All invested funds must meet the conditions of an acceptable investment. For the purpose of growth investments, convertible notes are considered to be bonds.
What are acceptable investments?
For an investment to be acceptable to New Zealand Immigration, it must:
- be able to make a commercial return;
- be invested in New Zealand;
- be invested in New Zealand dollars;
- be invested in lawful enterprises or managed funds;
- have the potential to contribute to New Zealand’s economy; or
- not be for your personal use, e.g. your home, boat, or car.
What must you invest in?
- Bonds issued by the New Zealand government, local authorities, or by New Zealand registered banks;
- Equity in New Zealand public/private firms;
- Managed funds where the amount invested relates wholly to New Zealand companies;
- New residential property developments, which are regularly approved by competent authorities;
- Some commercial properties; or
- Philanthropic Investments, i.e. registered charity or non-for-profit organization.
How can the applicant prove the funds were lawfully earned of acquired (source of investment funds)?
The evidence will depend on how he came by the funds. It may include tax returns or certificates, pay slips, business financial statements, business shareholdings, dividends, receipts for property sales, bank certificates, share trading profits, evidence of gifted money, probate and other evidence of inherited money.
Funds which have been gifted to the applicant are acceptable, as long as the gift was unconditional and lawful, and the funds were originally earned or acquired lawfully.
What do you receive?
At the end of the 3-year investment period, subject to all criteria, the applicant can apply for a permanent resident visa for him and any family member included in his application;
Can you apply for Citizenship? If so after how long?
Yes. After 5 years of residency and subject to maintaining investment in New Zealand.
The present document is intended for guidance and general information only and does not constitute or purport to provide you with legal advice. Such information is subject to changes without notice. Each case is unique and depends on the facts and circumstances of the individual and due consideration should be taken if applying the general information to your personal situation. For an evaluation of your personal circumstances one of our legal team would be happy to assist.