Permanent residency through investment

[tuzzaman]

Hi there
If I invest 100000 NZD in shares listed in the New Zealand Stock Exchange , will i be elligible to apply for permanent residence?

[JandM]

That is certainly (more than) the basis of an application under the Investor category. The full requirements are here. http://www.immigration.govt.nz/migra...quirements.htm http://www.immigration.govt.nz/migra...quirements.htm And here is the definition of what counts as an acceptable investment. http://glossary.immigration.govt.nz/...investment.htm

You would have to apply for Residence in the first instance. PR is a separate visa which you can apply for after holding Residence for a minimum of two years. http://www.immigration.govt.nz/migra...quirements.htm

[tuzzaman]

Hi there thank you for your information. But I WONDER THAT the requirement is 10m NZD.

[JandM]

I guess the government can set whatever standard they like.

[batgirl1001]

Yes a minimum of NZ$10 mil. It's a category to bring in high net worth people to NZ. Even so, there are quotas set for this.
You can consider a business visa if you like - the requirements are less monetary but not less stringent. And there may be repercussions for those who fail.
http://www.stuff.co.nz/national/9802...-to-stay-in-NZ

[JandM]

The full requirements for the new business category haven't yet been made public - any moment now.

[NZI]

I also heard somethings about investment of 100,000NZD to get the Entrepreneur Work Visas, then get permanent visa (http://www.enz.org/forum/showthread.php?t=43525).

I don't know about it but hope someone here can help you.

[tuzzaman]

Hi there
Thank you for your advice. If we 5 friends buy a business farm by investing 500000 NZD (each person 100000 NZD) can all of us 5 friends apply for resident visa?

[larrykiwi]

The EWV will only be announced to the public on 24 March 2014. It is a lot more stringent than LTBV. It will be points based system with minimum of 120 points to qualify. NZ$100,000 gives you zero point.

[Karen Phillips]

The known details of the new Entrepreneur Work and residence visas can be found linked here http://www.workstudylivenewzealand.c...usiness-visas/