There are two potential immigration categories for people who wish to become residents of New Zealand through investment. At the end of the investment period (three of four years) you will be eligible for a permanent resident visa for yourself and your family members included in your application.
Investor 1 Category – you do not need to have any business experience, but you do need a rather large sum of money.
Investor 2 Category – you need less money than you need for the first category, but you also must have at least three years business experience. Under this Investor category a maximum of 300 applications are approved each year. Selection is based on a points test with the highest totals being selected fortnightly. If you are not successful, your expression of interest stays in the pool and may be selected at a later date.
Points are awarded for the Investor 2 Category as follows:
You receive a maximum 35 points if you are aged 25 years or younger. Thereafter you lose one point for each increase in year, giving just one point at age 59. No points are awarded beyond age 59.
Ability to speak English:
• an overall band score of 3 in IELTS …1 pt
• an overall band score of 4 in IELTS …4 pts
• an overall band score of 5 in IELTS (or have an English speaking background) …10 pts
• Three years….9 pts
• Four years….12 pts
• Five years….15 pts
• Six years…..18 pts
• Seven years…21 pts
• Eight years…24 pts
• Nine years….27 pts
• Ten years…..30 pts
The length of business experience is based on at least 30 hours per week. You may get credit for part-time business experience on a proportional basis, so if you have gained eight years’ business experience at 15 hours per week, this would equate to four years’ business experience based on a 30-hour week.
Business experience does not have to be gained in consecutive years but it must add up to the minimum required in total.
If you have New Zealand business experience, you must have gained it while holding an appropriate permit.
Amount of Investment Funds
This starts at an award of 10 points for an investment fund of $1.5 million. It increases by 5 points for every extra $0.25 million, up to a maximum of 175 points for an investment fund of $9.75 million.
The basic requirements for each of the Investor categories are as follows:
Investor Category Basic Requirements
|Investor Plus (Investor 1 Category)||Investor (Investor 2 Category)|
|Investment funds||NZ$10 million for 3 years||NZ$1.5 million for 4 years|
|Minimum settlement funds||None||NZ$1 million|
|Maximum age||None||65 or younger|
|Minimum English language||None||IELTS with an overall band score of 3 or more|
|Minimum time in NZ||44 days in each of the last two years of the three year period||146 days in each of the last three years of the four year period|
Investor Category Health Requirements
You and any family members accompanying you need to be in good health. When you apply for residence, you will have to be assessed by an approved doctor. Your application must be accompanied by medical and chest x-ray certificates for each person.
Investor Category Character Requirements
You and any family members accompanying you must be of good character. You will have to provide police certificates for all applicants aged 17 years or over. Some people who have committed serious crimes will not be allowed into New Zealand.