New Zealand immigration offers “Business” and “Investment” visa categories that allow certain foreign investors to obtain a New Zealand residence visa.
The purpose of these categories is to attract financial capital to a local business or to the government by providing a visa for those who wish to make a significant contribution to the New Zealand economy. Please note that the criteria for these visa categories are very stringent and applicants will have to meet strict financial requirements. New Zealand services, the partner in all your projects in New Zealand, tells you this in this article.
What are the eligibility criteria for this visa category?
Depending on your project, you may be eligible for a residence visa in this category «Investor 1» where «Investor 2». For this, it is clear that you will have to meet many criteria, including strict financial ones.
For visa application in category «Investor 1», the main applicant must demonstrate that they intend to invest a minimum of NZ$10 million in a New Zealand fund, for a period of at least 3 years. There is no age or English level requirement to apply for a visa in this category.
As for visa applicants in the category «Investor 2»They must prove they own a total of NZ$3 million. This amount must be invested in the New Zealand Fund for at least 4 years. For an investor visa application in this category, the applicant must not be more than 65 years old and must also have a sufficient level of English. Therefore, the applicant must pass the IELTS test and obtain a minimum score of 3.
For these two categories of visas, you will have to prove the following:
- You have the required amount
- obtained legally;
- You will invest it in New Zealand in funds “acceptable” to New Zealand immigration.
Finally, as with any New Zealand visa application, you will need to demonstrate good health and good character.
What are the procedures for applying for an investor visa?
Category residence visa application «Investor» It takes place in two stages: filing the application and then transferring the funds.
The first step is to submit a residency application which contains all the information regarding your profile and your finances as well as all the supporting documents.
If immigration approves your application in principle, you can proceed to the second step, which is the transfer of funds. You will have 12 months of an immigration agreement in principle to transfer your money. Once you do this, you will need to invest your money in investments that are considered “acceptable” for immigration.
If you have any questions about these visas or your project in New Zealand, contact the New Zealand Services team.
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