New Zealand has recently relaxed its regulations relating to International Investment and Immigration. Luxury Real Estate offer our services facilitating in this area from arranging initial consultation through to assisting with integration into New Zealand. We have a number of clients currently working through the immigration process and have assisted families with region/location selection, schooling and community introduction.
Below is an overview of the requirements of the Migrant Investment Policy – and for more internet based information go to www.investmentnow.govt.nz
Migrant Investment Policy
Migrant Investment Policy – an overview 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.
The policy is divided into two categories: Investor Plus (Investor 1 Category), and Investor (Investor 2 Category).
Below is a summary of the key requirements for each policy.
|Maximum age||No requirement||65 or younger|
|Business experience||No requirement||Minimum of three years|
|Investment funds||NZ$10 million invested in NZ for three years||NZ$3 million invested in NZ for four years|
|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 NZ in each of the last two years of the three-year investment period||146 days in NZ 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.|