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Investor Visa

The Migrant Investment Policy aims to attract financial capital to local firms or government by providing residence to people who wish to make a significant financial contribution to New Zealand's economy.

There are two categories: Investor Plus (Investor 1 Category), and Investor (Investor 2 Category). Compare the basic criteria below:


Key requirements	Investor Plus	Investor
Maximum age	No requirement	65 or younger
Business experience	No requirement	Minimum of three years
Investment funds	NZ$10 million invested in New Zealand for three years	NZ$1.5 million invested in New Zealand for four years
Settlement funds	No requirement	NZ$1 million (transfer not required)
Principal applicant's English language	No requirement	- an English speaking background, or - an International English Language Testing System (IELTS) test report with an overall band score of three or more, or - a competent user of English
Family member's English language	No requirement	Same as principal applicant or pre-purchase ESOL tuition
Minimum time in New Zealand	44 days in New Zealand in each of the last two years of the three-year investment period.	146 days in New Zealand in each of the last three years of the four-year investment period.
Health and character	Applicants under both categories must meet health and character requirements.

What is changing (25 July 2011)?

Migrant Investment Category instructions in effect prior to 25 July 2011	Migrant Investment Category instructions in effect on or after 25 July 2011
Investor Plus Category migrants are required to be resident in New Zealand for 73 days per annum during their three year investment period	Investor Plus Category migrants are required to be resident in New Zealand for 44 days per annum during their three year investment period
The allowable extension period granted to Investor Category migrants to transfer investment funds (subject to demonstration of reasonable attempts to transfer investment funds during the first 12 months) is 12 months	The allowable extension period granted to Investor Category migrants to transfer investment funds (subject to demonstration of reasonable attempts to transfer investment funds during the first 12 months) is six months
	New options are available as acceptable investments. These include: Entities established by parent organisations to raise funds, including State Owned Enterprises, public companies, banks and local authorities. Funds raised must have guaranteed security by the parent organisation to qualify. Bank bonds and equities. Residential property development, subject to appropriate safeguards
Investor Category migrants may have their business experience recognised if they have at least five full-time employees and at least $1 million in turnover per annum in a business entity they have managed or owned	Investor Category migrants may have their business experience recognised if they have either at least five full-time employees or at least $1 million in turnover per annum in a business entity they have managed or owned
	Investment value has been clarified to be based on the purchase price of investments, which excludes additional costs such as brokerage fees, interest, commission or costs associated with obtaining regulatory approval for investment
	Investor migrants can now transfer their investment funds through foreign exchange companies that use the banking system

Migrant Investment Category instructions in effect prior to 25 July 2011 Migrant Investment Category instructions in effect on or after 25 July 2011

Investor Plus Category migrants are required to be resident in New Zealand for 73 days per annum during their three year investment period Investor Plus Category migrants are required to be resident in New Zealand for 44 days per annum during their three year investment period

The allowable extension period granted to Investor Category migrants to transfer investment funds (subject to demonstration of reasonable attempts to transfer investment funds during the first 12 months) is 12 months The allowable extension period granted to Investor Category migrants to transfer investment funds (subject to demonstration of reasonable attempts to transfer investment funds during the first 12 months) is six months

New options are available as acceptable investments.

These include:

Entities established by parent organisations to raise funds, including State Owned Enterprises, public companies, banks and local authorities. Funds raised must have guaranteed security by the parent organisation to qualify.

Bank bonds and equities.

Residential property development, subject to appropriate safeguards

Investor Category migrants may have their business experience recognised if they have at least five full-time employees and at least $1 million in turnover per annum in a business entity they have managed or owned Investor Category migrants may have their business experience recognised if they have either at least five full-time employees or at least $1 million in turnover per annum in a business entity they have managed or owned

Investment value has been clarified to be based on the purchase price of investments, which excludes additional costs such as brokerage fees, interest, commission or costs associated with obtaining regulatory approval for investment

Investor migrants can now transfer their investment funds through foreign exchange companies that use the banking system

New Zealand Investor Permanent Residency :

1. Investor (Investor 2 Category) requirements

All applicants – you and your partner and dependent children (if applicable) – must meet our health, character and English language requirements (see below). You – the principal applicant – must also have at least three years' business experience. The other requirements are set out below.

Age

You (the principal applicant) must be aged 65 or younger.

Investment and settlement funds and/or assets

You must nominate funds and/or assets equivalent to at least NZ$1.5 million for investment funds, and NZ$1 million for settlement funds. You will need to be able to provide evidence showing that your investment and settlement funds and/or assets are owned by you or jointly by you and your partner and/or dependent children. You will also need to be able to provide evidence showing that your intended investment funds:

are unencumbered, ie not subject to any mortgage, lien, charge and/or encumbrance (whether equitable or otherwise) or any other creditor claims

have been earned or acquired legally

are transferable through the banking system (we will not be able to approve your application if you are unable to transfer funds to New Zealand through the banking system).

You will need to be able to provide verifiable documents to show that the funds you transfer to New Zealand came from the funds and/or assets that you nominate. You will need to place your investment funds in an acceptable investment(s) in New Zealand.

English language requirements

We require people to have a reasonable standard of English to ensure they have the best opportunity to settle successfully into work and life in New Zealand.

Principal applicant

To meet our English language requirements you must:

have an English speaking background OR

be a competent user of English OR

have an International English Language Testing System (IELTS) certificate (no more than two years old at the time you lodge your application for residence), which shows you gained at least an overall band score of 3 or more in the IELTS General or Academic Module.

We may still require you to provide an IELTS certificate to confirm you meet our English language requirements.

Partner and dependent children

To meet our English language requirements partners and dependent children aged 16 or more included in your application must meet the same requirements as the principal applicant (see above).

However, if your partner and/or dependent children do not yet meet the minimum standard of English, they can pre-purchase ESOL tuition in New Zealand. You purchase this tuition from us, on behalf of New Zealand’s Tertiary Education Commission. The residence visa or permit will only be granted once you have paid the tuition charge. Payment of this tuition charge is not due until your application is approved.

After residence is approved

If your residence application is approved you (the principal applicant) will have to retain your investment funds in an acceptable investment(s) for four years, and spend at least 146 days each year in New Zealand in years 2, 3 and 4 of your four-year investment period.

Also, if you were awarded 1 point for English language ability (IELTS 3) you will have to complete 20 hours of English language tuition at a New Zealand registered school or tertiary education provider.

2. Investor Plus (Investor 1 Category) requirements

All applicants – you, your partner, and your dependent children (if applicable) must meet our health, and character requirements. The other requirements are set out below.

Investment funds and/or assets

You must nominate funds and/or assets equivalent to at least NZ$10 million. You will have to provide evidence to show that these funds and/or assets:

are owned by you or jointly by you, your partner and/or dependent children

are unencumbered, ie not subject to any mortgage, lien, charge and/or encumbrance (whether equitable or otherwise) or any other creditor claims

have been earned or acquired legally

are transferable through the banking system (we will not be able to approve your application if you are unable to transfer funds to New Zealand through the banking system).

If your application is approved in principle you will need to provide verifiable documents to show that the funds you transfer to New Zealand came from the funds and/or assets that you nominate. You will need to invest a minimum of NZ$10 million in an acceptable investment(s) in New Zealand.

You cannot nominate investment funds or assets you intend to bring to New Zealand for your personal use – for example a personal residence, car, or boat.

After residence is approved

If your residence application is approved you (the principal applicant) will have to retain your investment funds in an acceptable investment(s) for three years. You will have to spend at least 73 days in New Zealand each year in years 2 and 3 of your three-year investment period.

Source: www.immigration.govt.nz

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JAMES YAP
Advisor No. IAA 200902903

Rayford Migration Services (A Leading Migration Portal)
Migration to Australia, Canada, New Zealand, USA & MM2H
Head-Office Address: Unit 2, Level 22, Wisma UOA II, 21, Jln Pinang, 50450 Kuala Lumpur, Malaysia. (Google map)
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