The target of the Investment Visas is for drawing financial capital to local firms or authorities by offering resident visas to those that want to make a major contribution to New Zealand’s economic system.
The Migrant Investment Categories are comprised of two sub-categories. These are the Investor 1 Category as well as Investor 2 Category. Each are similar to one another however have some distinctive features.
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Applicants for investor visas should meet the “fit and proper” individual requirements, which signifies that:
- all companies they’ve influence over have complied with all related immigration, employment and taxation laws; and
- they’ve never been convicted of any offence arising in the midst of, or resulting from, business dealings; and
- they’ve never been convicted of an offence involving dishonesty in New Zealand or an international country; and
- they’ve never been concerned in business fraud or financial impropriety.
Investor visas are indefinite and let applicants include their partner, and dependent children aged 24 and below, in the visa application.
Investor 1 Resident Visa
This visa is for you if you could have at least NZ $10 million to put money into New Zealand over a 3-year interval. The category has the very best level of precedence and is assigned to a case officer almost instantly.
In order for an application to be approved under the Investor 1 Category:
- the principal applicant and members of the family included in the application should meet health and character requirements; and
- the principal applicant should nominate funds and/or belongings equivalent in value to at least NZ$10 million and show possession of these funds and/or belongings; and
- the principal applicant should exhibit that the nominated funds have been legally earned or acquired; and
- the principal applicant should continue to meet fit and correct person requirements; and
- the principal applicant should undertake to invest NZ$10 million for a period of three years in New Zealand and transfer and place the funds in an acceptable investment.
Investor 2 Resident Visa
The process for Investor 2 visas is just like that of the Skilled Migrant category and consists of two steps – Expression of Interest and Invitation to apply.
People notify their interest in being invited to use for a resident visa below the Investor 2 Category by tendering an Expression of Interest (EOI) to Immigration New Zealand within the prescribed method.
By way of completion of an EOI, an individual provides info relating to their identification, well being, character, provides information about their English language means and claims points for age, business experience and other components.
For an application to be approved below the Investor 2 category:
- the principal applicant should qualify for the points on the basis of which their EOI was chosen from the Pool; and
- the principal applicant and family members included within the application should meet health and character necessities; and
- the principal applicant have to be aged 65 years or younger; and
- the principal applicant should have a minimum of three years of business experience; and
- the principal applicant should qualify for at the least 1 point for English language means; and
- the principal applicant should nominate investment funds and/or belongings equivalent in worth to at least NZ$3.0 million; and
- the principal applicant should exhibit ownership of the nominated funds and/or belongings and that they’ve been legally earned or acquired; and
the principal applicant should meet match and proper individual requirements.