Obtaining permanent residency (PR) in New Zealand through investment has become an increasingly popular path in recent years. As one of the easiest ways to gain residency rights compared to other visa categories, the New Zealand PR by investment scheme provides a straightforward route for high net worth individuals. By investing a certain amount of funds into government-approved areas, applicants can gain residency rights without needing to first live and work in New Zealand. In this article, we will explore the key requirements, investment options, application process and benefits of gaining New Zealand PR through the investment scheme.
New Zealand PR investment requirements
The core requirements to obtain New Zealand PR via investment include: – Applicants must invest NZD 3 million over 4 years into acceptable investment categories stipulated by the government. – Main applicant must be under 65 years old. No work experience or English requirements. – Applicant must have minimum net personal assets of NZD 3 million. – Health and character requirements must be met. – Residency visa granted for 5 years after approval, leading to PR. – Applicant does not need to reside in NZ during the 4-year investment period, only need to stay 116 days over 4 years. This flexibility makes the NZ investment scheme popular among global investors.
Acceptable investment categories
The NZD 3 million investment funds can be allocated across these approved categories: – Investing in NZ companies, including publicly listed firms and private enterprises. – Government and local government bonds. – Growth investment funds that invest in NZ firms. – Philanthropic donation, such as universities and charities. Each category has a different weighting. Applicants can diversify across multiple types of investments to meet the total threshold. The funds must be invested in NZ dollars into productive, non-speculative investments that benefit New Zealand.
New Zealand PR investment application process
The step-by-step process to obtain New Zealand PR by investment is: 1. Submit EOI expression of interest to Immigration NZ. 2. Receive invitation to apply if EOI meets requirements. 3. Formally lodge visa application with documents. 4. Get approval in principle if application successful initially. 5. Transfer investment funds to NZ within 12 months of approval. 6. Receive 5-year resident visa after meeting requirements. 7. Become eligible for PR after 4 years if investment maintained.
Benefits of New Zealand PR by investment
Gaining New Zealand permanent residency through investment comes with several advantages: – No requirement to live and work in NZ before qualifying for PR. Flexibility to reside in NZ at your convenience. – PR lets you live, work, study and invest in NZ indefinitely. – Visa-free access to over 170 countries including Australia. – PR leads to citizenship after 5 years of meeting residency requirements. – High quality of life, political stability, low corruption and developed infrastructure in New Zealand. – Education and healthcare benefits for PR holders. The investment scheme presents a straightforward pathway for high net worth individuals to gain NZ residency rights and benefits through a clear and structured process.
The New Zealand PR by investment scheme offers a simple and efficient route to gain permanent residency for global investors. By allocating NZD 3 million into government-approved investment categories for 4 years, applicants and their families can obtain the benefits and privileges of PR status in a country with an unmatched quality of life.