Do you have global connections, required capital and the right experience that New Zealand can benefit from? If you answered yes to these questions, you could take advantage of various Investor Visas offered by Immigration New Zealand (INZ).
New Zealand provides many prospects to its investors so they can spend significant time here – allowing you to experience the fun, beauty, safety and family-friendliness of the country. INZ offers various options in terms of temporary and resident Investor visas, depending on the size and duration of your investment.
Temporary Retirement Visitor Visa
Are you looking to get a Temporary Retirement Visitor Visa to enjoy your elderly days? Well, New Zealand has just the thing for you. You may apply for this investment-based visa and reside in the country for longer than what a standard Visitor Visa allows for.
What can you do on a Temporary Retirement Visa? This visa category allows you to:
- Spend up to 2 years in New Zealand
- Undertake 3 months of study within a 12-month interval
- Include your partner in your visa application
- Visit the country multiple times in these 2 years
What can you not do on a New Zealand Temporary Resident Visa? You cannot:
- Have your dependent children accompany you
- Work in any occupation
Do you qualify for a Temporary Retirement Visitor Visa?
INZ requires you to satisfy the following criteria to be considered for this Investor Visa category. You must:
- Be at least 66 years old
- Keep NZ$ 750,000 invested in New Zealand for at least 2 years in approved "acceptable investments". Note that you cannot have a loan or bond on this capital, and you must not have earned this money unlawfully
- The combined income of you and your partner on the visa application must be more than NZ$ 60,000 per annum
- You must show that you have at least NZ$ 500,000 saved up to get through your stay in New Zealand. Note that this is in addition to your income and investment requirement
- Be covered by proper medical and travel insurance during your stay
Now, this is not a comprehensive list, and INZ needs precise evidence to be convinced about your financial capacity. Temporary Retirement Visitor Visa is an excellent opportunity for you to enjoy your retreat. Do not risk the rejection of your visa application. Let our experienced team of immigration consultants help you procure your Temporary Retirement Visitor Visa. Book a consultation slot now.
Investor 2 Resident Visa
You may qualify for a Investor 2 Resident Visa if you can make more than NZ$ 3 million investment in New Zealand, and you have at least 3 years of experience in running a business. This investment-based visa is also known as Resident Investor Visa.
Investor 2 Resident Visa works on a points-based system – you can accumulate points for the duration of your business experience, size of your investment, your English-speaking skills and age. You can claim more points if you place NZ$ 750,000 in growth investments.
Note that INZ has an annual limit of 400 Resident Investor Visas, so get in before the quota for this year runs out.
What does the New Zealand Investor 2 Resident Visa application process look like?
You begin by sending your Expression of Interest (EOI) to INZ. The EOI must include proof of the investment you want to commit and your business experience. If INZ accepts your EOI, they will invite you to make a formal Resident Investor Visa application.
What are the conditions of an Investor 2 Resident Visa?
In addition to the qualification requirements stated above, you also need to satisfy the following conditions, you must:
- Be 65 years old or less
- Stay in New Zealand for more than 146 days in the last 3 years out of the 4-year investment term, or more than 438 days during the entire 4-year span. There are some variations to this condition depending on how you structure your investment
- Submit proof of the investments you have made after the 2nd and 4th years. You will have 3 months to submit the paperwork and are allowed to move your investments between any acceptable investment instruments
What does a Investor 2 Resident Visa allow you to do?
With an Investor 2 Resident Visa, you can:
- Work in any occupation
- Travel to the country multiple times in the initial 2 years. A variation of conditions will be required for travel in the last 2 years
- Include your partner and any dependent children of less than 24 years in your visa application
- Apply for New Zealand residency after meeting the 4-year Resident Visa provisions
You must stay clear of any pitfalls as you approach your Resident Visa Application. Professional Visa Solutions immigration experts have many years of experience in working with the complexities of the Investor 2 Resident Visa application process. Book a consultation now to speak with one of our licensed immigration advisers.
Investor 1 Resident Visa
Also known as Investor Plus Resident Visa, the approval process for this category is more straightforward than the Investor 2 Resident Visa. If you can commit to keeping an investment of NZ$ 10 million in New Zealand for 3 years, Investor 1 Resident Visa is the way to go.
What extra do you get with an Investor 1 Resident Visa compared to an Investor 2 Resident Visa? Here are the additional perks of an Investor Plus Resident Visa:
- You can apply for New Zealand residency after meeting the 3-year Investor 1 Resident Visa provisions
- You may be spared the custom duty on some items you bring to New Zealand, such as your car, boat and household things.
What conditions are imposed on a Investor 1 Resident Visa?
Here are some conditions that you must satisfy for an Investor 1 Resident Visa:
- Stay in New Zealand for more than 44 days in the last 2 years out of the 3-year investment term, or more than 88 days during the entire 3-year span. There are some variations to this condition depending on how you structure your investment
- Submit proof of the investments you have made after the 2nd and 3rd years. You will have 3 months to submit the paperwork and are allowed to move your investments between any acceptable investment instruments
The Investor Plus Resident Visa is the best option among all the investor-based visas offered by INZ. However, conditions placed on types of investment and requirements on stay and other complicating factors mean that you must seek the help of a qualified immigration expert to avoid rejection. Book a consultation to speak with our Auckland based immigration experts.
What is the time and cost to get a New Zealand Investor Visa?
You may be able to get a Temporary Retirement Visitor Visa in 24 days. However, it takes longer to obtain a New Zealand Resident Investor Visa – INZ may take as long as 30 months to process Resident Investor Visa applications.
Our dedicated team serves your New Zealand travel and residence needs in a timely and cost-effective manner. We can help you with your Investor Visa application at a reasonable cost of NZ$ 10,000 – 22,000 – you can expect top-notch service and best in class immigration advice with us. Book a consultation with our licensed immigration consultants to explore your options.