New Zealand Permanent Residence Investor 1 Resident Visa

Application Fee:

 

NZD $4,960

Processing Time:

 

12 months

Table of Contents

Overview

The Investor 1 Resident Visa requires you to invest NZ $10 million in New Zealand over a 3-year period, which will make you eligible to apply for New Zealand residence.  A New Zealand residence will allow you to come to New Zealand with your family and enjoy our unique lifestyle.

With Investor 1 Resident Visa you can

  • Live, work and study in New Zealand.
  • Include your spouse, and dependent children aged 24 and under, in your visa application.

Things to note: You might be permitted to bring your car and household belongings to New Zealand, free of customs charges.

Source: New Zealand Immigration

Who is it for

This visa is for those who want to invest in New Zealand and become eligible for permanent residence.

How to qualify

To be eligible for the New Zealand Investor Visa, you must

  • Meet health and character requirements
  • Make an investment of NZD 10 million in New Zealand over a three-year period in order to apply for New Zealand residence under this program.

Available Investment Options:

  • An applicant has the choice of investing in the following acceptable investments:
  • New Zealand governmentbonds 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
  • There is no maximum age limit, no language requirement, and no business experience requirement.

Source: New Zealand Immigration

The process

Applicants must lodge an application straight to Immigration New Zealand for the resident visa. There is no need to submit an expression of interest (EOI).

Step 1 – Preparing your application: Fill in your application form and send it to NZ Immigration with all your supporting evidence, application fee, and immigration levy.

Step 2 – NZ Immigration approves your application in principle: Resident visa applications can take long time to process. If there’s anything else you need to do, you will be contacted accordingly.

Step 3 – Transferring your funds to New Zealand and make your investment: Unless the NZ immigration grants you an extension, you will get 12 months to transfer your investment money and invest in a suitable investment in New Zealand. It is to be noted that your funds must go to NZ legally.

Step 4 – Residence visa granted: After the grant of your visa, NZ Immigration will check in with you to make sure you’re meeting the criteria of your visa like maintaining your funds invested and spending required amount of time in New Zealand. At the end of your three-year investment, you can apply for a permanent resident visa.

Source: New Zealand Immigration

The document needed

  • Current Passport with sufficient validity
  • Birth Certificates
  • National ID
  • Police Clearance
  • Evidence of liquid Funds like bank statements
  • Evidence of asset
  • A recent valuation report for your property from a registered valuer
  • Evidence of earning or acquiring funds and/or assets List your earnings for at least the last five years that may include personal tax returns or tax certificates, pay slips, letters of appointment, employer certificates, bank statements demonstrating receipt of earnings. Business profits and dividends, business financial statements, evidence of ownership or shareholding in the business, bank statements showing receipt of dividends, director’s drawing’s and so on. Property
  • Evidence of capital appreciation of property, measured as the current value (or sale price if property has been sold) less purchase price, eg solicitor’s settlement documents, bank statements showing your receipt of sale proceeds, valuation report for property currently owned.

Source: New Zealand Immigration

Government Fees

Application Fee: $ 4,960

This is the charge for Immigration New Zealand to process your application. Application fee will not be refunded if your application is declined. A non-refundable immigration levy is charged and is included in the cost.

https://www.immigration.govt.nz/new-zealand-visas/apply-for-a-visa/visa-factsheet/investor-plus-investor-1-resident-visa#receiving

Source: New Zealand Immigration

Additional information