New Zealand Immigration's Migrant Investor Category came into effect in July 2009, replacing the old (and very unpopular) Active Investor Migrant Category. It aims to encourage migrants to invest in New Zealand.
There are two streams in the Migrant Investor Policy, Investor Plus and Investor.
Investor Plus Migrants must:
invest NZ$10 million in New Zealand for three years
spend 73 days in New Zealand in each of the final two years of their three-year investment term
meet health and character requirements
There are no maximum age, business experience or English language requirements for this category, and there is no cap on applicants for the Investor Plus category.
Investor Migrants must:
be 65 or younger
have three years of business experience
invest NZ$1.5 million in New Zealand for four years
have settlement funds of NZ$1 million (you do not need to transfer these to New Zealand)
meet English-language requirements
spent 146 days in New Zealand in each of the final three years of their four-year investment term
meet health and character requirements
There is a cap of 300 Investor Migrants every year. Applicants submit an EOI (Expression of Interest) and go into a pool of applicants, similar to the Skilled Migrant category above.
Acceptable Investment for the Migrant Investment categories has been defined by the New Zealand Immigration Service as:
is in either one or more of the following:
bonds issued by the New Zealand government or local authorities, or
bonds issued by New Zealand firms traded on the New Zealand Debt Securities Market (NZDX), or
bonds issued by New Zealand firms with at least a BBB- or equivalent rating from internationally recognised credit rating agencies (for example, Standard and Poorís), or
equity in New Zealand firms (public or private), including managed funds and:
is capable of a commercial return under normal circumstances and has the potential to contribute to New Zealand's economy, and
is invested in New Zealand in New Zealand currency, and
has the potential to contribute to New Zealandís economy, and
is invested in lawful enterprises or managed funds that comply with all relevant laws in force in New Zealand, and
is not for the personal use of the applicant(s), and
is not (directly or indirectly) invested in residential property development or deposit taking financial institutions (e.g. banks or finance companies).
You can include your spouse or partner and your children in your Migrant Investor Policy application. Everyone included on your application must meet health and character requirements. Once your application is approved in principle, you are given a residence visa and time to invest your funds. New Zealand Immigration keeps in touch with you to make sure that your funds stay invested and that you are in New Zealand for the minimum periods, then finalises your residence visa at the end of the investment period.
Other Business Visa Types:
|New Zealand Visa Types|
|Working Residence Visa||Work Visa||Family Visa|
|Entrepreneur Residence Visa||Permanent Residency||Business Visa|
|Investor Residence Visa||Visit Visa||Student Visa|
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