Are you a determined investor searching for new horizons and lucrative opportunities? The only practical solution you need is the enchanting land of New Zealand. New Zealand has alluring landscapes, vibrant cultures, and boosting the economy. Additionally, New Zealand welcomes brilliant investors through the New Zealand investor’s visa. In this blog post, we will serve with all you need to know about the New Zealand investor visa. Delve into this world of opportunities this visa unlocks and grab the chance of a lifetime.
What is New Zealand Investors Visa?
This visa program attracts high net-worth individuals like you to invest and provide for the country’s economic growth. This visa has two categories- Investor 1 and Investor 2- each customized to suit the various investment levels and objectives.
Investor 1 Visa:
If you have a substantial capital of NZD 10 million or more, the investor 1 visa is designed to suit your ambitions. If you invest in New Zealand, you can call this country your home.
Investor 2 Visa:
With a more economical investment threshold of NZD 3 million, the investor two visa is perfect for those who want to invest in New Zealand. This visa opens many opportunities, such as starting a business, exploring new ventures, or enjoying a better life quality.
Perks of New Zealand Investor Visa
Securing New Zealand’s investor visa may seem like a daunting task. However, don’t worry. With the right guidance, this process becomes a smooth sail.
- Check the Eligibility:
Before starting the process, assess whether you fulfill the eligibility criteria for the investor1 or investor 2 visa. The only difference is between the minimum investment funds needed-NZD 10 million for investors and NZD 3 million for investor 2.
- Expression of Interest (EOI):
The 1st step is submitting the expression of interest (EOI) to Immigration New Zealand. You have to serve important details regarding yourself in your EOI. These include your investment background and your plan to invest in New Zealand. The EOI document shows your interest in applying for the visa.
- Points Assessment:
Once your EOI is received, it will be evaluated based on a points system. The points are given for different factors such as your age, investment funds, business experience, and your potential to settle in New Zealand. You must meet the minimum point threshold to proceed with your visa application.
- Invitation to Apply:
Suppose your EOI scores enough and is aligned with the visa criteria. In that case, you will receive an invitation to Apply (ITA) for the New Zealand investor visa. This ITA will indicate the visa category (investor 1 or investor 2) under which you are invited to apply.
- Collecting Documentation:
After you receive your ITA, you must collect all the needed documentation to support your visa application. This may involve proof of your investment funds, financial and business records, health assessments of you and your escorting family members, and character certificates.
- Submitting The Visa Application:
With all the required documents prepared, you should submit your visa application to Immigration New Zealand. Pay the required application fee and ensure your application is complete and accurate to avoid any delays.
- Visa Processing:
The visa processing time differs depending on factors such as the accuracy of your application and the present immigration workload. During this time, INZ may contact you for additional clarification and information.
- Approval and Visa Issuance:
If your application meets all the criteria and is approved, you will get a letter of approval. With this approval, you can apply for a New Zealand Resident Visa under the investor category. This will allow you and your family to live, study and work there.
- Arrival:
Once you get your resident visa, you can shift to New Zealand. Upon arrival, you and your family will undergo two years as Resident Visa Holders before you become eligible for permanent residency.
Remember that the application process and requirements may be subject to change, so it is better to visit the official website of Immigration New Zealand.
Eligibility Requirements for New Zealand Investor Visa
- Evidence of funds or Assets:
You must have the funds to make the capital investment outlined in your business plan and enough money to sustain yourself and your family. Along with this, you should show the evidence that you own the funds you intend to use for your capital investment and are earned lawfully.
- Immigration Point Scale:
You should have at least 120 points on the New Zealand point scale. The determining factor for issues is age, business experience, capital investment, and business benefits to New Zealand.
- Business Plan Details:
It should cover the industry, locations, and enough money to support the business.
If you are purchasing the existing business plan, you should include the following:
- Evidence of profitability and value.
- Any purchase or sales agreement.
- Independent valuation of a business or other evidence that supports its value.
- Profit and loss statements for at least 2 years.
- Current employment levels of the company.
- Character Certificate:
A good character does not pose a security risk and threaten the international reputation of New Zealand. You must have never undergone an investigation by a serious fraud officer or the New Zealand police for any offense due to your business dealings. You also must not have any convictions for a dishonesty crime and have never been in a business fraud or financial wrongdoing.
- English Language Test:
An English language proficiency test to show that you are competent in the English language.
The Bottom Line
The New Zealand investor visa is an opportunity like no other. From alluring investment prospects to enjoying an unmatched quality of life, this welcoming nation treats you the best. Unveil your entrepreneurial spirit, pack your dreams, and let the charm of New Zealand works. Take the opportunity and welcome your future.