Announced in September 2022, New Zealand’s Active Investor Plus Visa replaced its previous investor visas. This program aims to attract high-value investors and foster investments that benefit the local economy. The visa allows applicants to live, work, and study in New Zealand indefinitely, provided they meet the investment and residency requirements.
Benefits of New Zealand Residence by Investment
- High standards of living with a multicultural population and low population density
- Residency applies to a spouse and dependent children up to age 24
- Political, social, and economic stability
- Solid legal system based on English law
- No gift, estate, or wealth tax, and no capital gains tax
Requirements of the Active Investor Plus Visa Program
To qualify for residence, applicants must meet the following criteria:
- Invest between NZD 5 million and NZD 15 million over four years
- Be in good health and of good character
- Spend at least 117 days in New Zealand during the four-year residence period
- Demonstrate proficiency in English
Investment Options and Weighting
Applicants can invest in the following asset classes to meet the NZD 15 million threshold, with specific weightings applied:
- Direct investments into approved businesses: 3x weighting
- Investments into approved managed funds (private equity or venture capital funds): 2x weighting
- Investments in listed equities and philanthropy: 1x weighting (each capped at 50% of the NZD 15 million requirement)
Procedures and Time Frame
Applications must include completed forms, appropriate fees, and supporting documents. The processing time is eight to nine months from submission to approval. Investments can be spread over three years and maintained for a fourth year. After maintaining the investment and meeting residency requirements for four years, investors can apply for permanent residence. They can also support their parents’ applications under the Parent Retirement category.
Benefits
Spectacular Scenery
New Zealand’s dramatic landscape is renowned the world over. The unique combination of glaciers, active volcanoes and endless lush green hills has long drawn tourists and expats, not to mention quite a few filmmakers. Spectacular mountain ranges make up the backbone of both the North and South Islands with placid lakes scattered through the valleys. You can hike across a glacier, climb a volcano or take a selfie with an active geyser. If you think Australia has the monopoly on beaches, rest assured that the New Zealand’s vast coastline also provides plenty of opportunities to swim, surf and sight-see, including the incredible 90 mile beach situated in the far north of the country.
Rich Culture
New Zealand’s fascinating indigenous culture has undergone a strong resurgence in the last fifty years as the government has sought to redress the social imbalance of colonial times. Even the national flag is changing to reflect this change with the final design likely to include the silver fern, a powerful Māori symbol. From traditional artwork and folk tales to the world famous Haka, Māori culture is now woven into all aspects of New Zealand’s cultural identity. The country’s diversity is also apparent in the cosmopolitan cultural scene with events celebrating everything from Chinese New Year to Diwali. There are even some unique festivals you won’t find anywhere else on Earth such as the many Māori Kai food festivals and the Tremains Art Deco Festival in Napier.
Plenty of Jobs for Skilled Expats
The strong economy and unprecedented demands of the Christchurch rebuild project has created a skills gap across New Zealand. The Government has implemented several measures to make it easier for expats to move to New Zealand to take up jobs that cannot be filled locally. Agencies such as Skills in Demand are identifying skills shortages and actively publicising which roles are being recruited where. If you work in a sector currently in demand, it can boost your points score as a skilled migrant or allow you to apply for a temporary work visa. If you are working in a ‘long term shortage’ area, you can gain a work to residence visa which allows you apply for residency after two years.
Multicultural Society
With around a quarter of the country’s 4.4 million inhabitants identifying as immigrants, New Zealand has become a melting pot of European, Asian and indigenous cultures. In cities such as Auckland, you will find a dazzling array of international cultures from China and India to Egypt and Iran. Waves of immigration have shaped this friendly, tolerant and welcoming nation. British expats are well represented in almost every town and generally integrate easily and happily into their new neighbourhood. A recent study by Massey University has identified New Zealand, and Auckland in particular, as ‘super diverse’.