New Zealand is a country that actively seeks to attract successful entrepreneurs, business people, and investors who are willing to make significant contributions to the New Zealand economy. The Investor Visa category is designed to facilitate this by offering a pathway to residence for those willing to invest substantial amounts in the country. This guide aims to provide a detailed overview of the New Zealand Investor Visa, including the latest updates and requirements.
Active Investor Plus Visa
As of July 28, 2022, the New Zealand Government introduced the Active Investor Plus Visa, replacing the previous Investor 1 and 2 categories. This new visa category focuses on active investments rather than passive ones.
- English Language Proficiency: Applicants may need to pass an English test.
- Health and Character: All individuals included in the application must be of good health and character.
- Financial Requirements: Applicants must show a net worth of NZD 5 to 15 million in funds or assets designated for investment in New Zealand.
- Lawful Earnings: Investment funds must be lawfully earned and owned.
- Fund Transfer: Funds must be transferred to New Zealand through the banking system and held for 4 years.
- Approval in Principle (AIP): After receiving AIP, the next step is to complete the funds transfer to New Zealand and invest all funds into approved investments.
- Residence: Once all conditions are met, a Resident Visa is issued to anyone included in the application.
- Direct investments approved by the NZ government
- Managed funds approved by the NZ government
- Listed equities
What Are Not Acceptable Investments?
- Personal use items like houses, cars, boats, etc.
- Any form of property, residential or commercial
- Investments outside of New Zealand and in foreign currency
Compliance and Audits
The investment funds are subject to three audits by Immigration NZ over the four-year investment term to check on compliance. If everything is completed successfully, Permanent Resident Visas (PRVs) are issued at the end of the investment term.
The New Zealand Investor Visa offers a unique opportunity for high-net-worth individuals to gain residence while contributing to the country’s economy. However, the process is complex and requires careful planning and execution. Therefore, it’s advisable to consult with immigration experts to navigate the intricacies of the Investor Visa policy.