New Zealand Visitor Visa Temporary Retirement Visitor Visa

Application Fee:

 

NZD $3,366

Processing Time:

 

12 months

Table of Contents

Overview

If you are looking for a long-term visitor visa then the Temporary Retirement Visitor Visa might be the best option if you meet the eligibility criteria. If you have NZD $750,000 to invest in eligible investment areas in New Zealand for 2 years, another NZ $500,000 to live on, and if you can generate annual income of NZ $60,000, you can stay in New Zealand much longer than permitted on a standard Visitor Visa. After the approval if this visa, you will have months to transfer your funds to New Zealand for Investment.

With this visa you can

  • Include your spouse in your visa application.
  • Travel in and out of New Zealand during your stay.

Source: Immigration New Zealand

Who is it for

If your age is at least 66 years and you want to retire and invest in New Zealand, you may apply for a Temporary Retirement Visitor Visa.

Source: Immigration New Zealand

How to qualify

Genuine intentions: You must genuinely intend to meet the conditions of your visa

Age: You must be 66 years or over

Investment funds: You must have NZ $750,000 or more to invest in New Zealand for 2 years

Source of investment funds: You must have earned or acquired your funds lawfully

Transfer investment funds: You must transfer your investment funds to New Zealand

Maintenance funds: You must have NZ $500,000 or more to live on

Annual income: You must have an annual income of NZ $60,000 or more

Bring spouse: Your spouse must meet the requirements for this visa

Acceptable investments: You must invest NZ$ 750,000 in acceptable investments in New Zealand for a minimum of 2 years

Source: Immigration New Zealand

The process

Step 1 – Apply for your visa

Complete the paper application form and send it to Immigration New Zealand with your application fee, immigration levy, and the documents listed in the checklist on the form. The following links might be helpful for you:

 

Step 2 – A decision about your application

If there is anything else you need to do, the Immigration New Zealand will be in touch. If you are in New Zealand, and your current temporary visa expires before your new visa is approved, you will be issued an interim visa to let you stay in New Zealand with legal status.

Step 3 – Approval of your application in principle

If your visa is approved, then you will have 3 months to invest in an acceptable investment in New Zealand.

Step 4 – Grant of Temporary Retirement Visitor Visa

You will need to transfer your investment funds before you are granted your 2-year Temporary Retirement Visitor Visa.

You will need to show proper telegraphic transfer documents that show:

  • you have transferred your investment funds to New Zealand through the banking system and placed them in acceptable investment(s)
  • your funds or assets came from the source you named in your visa application.
  • You will need to transfer your funds within 3 months of your approval in principle.

Source: Immigration New Zealand

The document needed

  •  
  • Completed and signed the application form.
  • Application fee and levies.
  • Valid Passport
  • Two recent passport-size photographs
  • Evidence of my annual income
  • Marriage certificate (if applicable).
  • Appropriate evidence to show that my partnership is genuine and stable (if applicable).
  • Full birth certificate(s).
  • Police certificate(s).
  • Completed medical and chest X-ray certificates, if required.

Source: Immigration New Zealand

Government Fees

The application fee is NZD$ 3,366

This is the charge for Immigration New Zealand to process your application. Immigration New Zealand does not refund application costs if we decline your application.

A non-refundable immigration levy is charged and is included in the cost.

Each person must pay an International Visitor Conservation and Tourism Levy (IVL) of NZD $35. This is included in the cost.

Source: Immigration New Zealand

Additional information