For Investors
Overview
Investor 1 or Investor 2
There are two sub-categories to the Investor Visa category, and they are called 'Investor 1' (sometimes referred to as 'Investor Plus Visa') and 'Investor 2' (sometimes referred to as just 'Investor Visa').
You will need either minimum NZ$10 million (about US$6 million) or NZ$3 million (about US$1.85 million) to invest in New Zealand, depending on which one you choose to apply under. The first one has less strings attached than the other.
The usual process is to lodge an investor visa application to Immigration NZ, and if you meet the criteria, will be granted an 'approval in principle'. Once you have placed your funds into 'acceptable investments', Immigration New Zealand will grant a conditional resident visa.
Compare
Let's take a quick look at the pro's and con's of these Investor Visa categories:
Pros
- Pretty much hands free - no need to work, or run a business
- Relatively quicker processing time, conditional residence visa will usually issue within 6 months
- No restriction as to where you can reside
- If you have children their school fees will be the same as locals
- No capital gains tax or gift tax
- Might even end up getting a good return on investment
Cons
- Money tied up for 3-4 years
- Need to spend minimum time in New Zealand (although not such a bad thing!)
Sounds like you? Read about it in more detail from here.
