High standards of living, multicultural population, and low population density
Compared to most countries in the world, New Zealand offers an appealing work-life balance with world-class education and healthcare systems.
New Zealand has an immigration and investment policy that provides the opportunity for foreign nationals to obtain permanent residence in New Zealand by making a substantial investment to the country. .
Minimum investment of NZD 5 million
Eight–nine months
Eligibility for citizenship after five years of residence
High standards of living, multicultural population, and low population density
Residence applicable to a spouse and dependent children up to the age of 24
Political, social, and economic stability
Solid legal system based on English law
No gift, estate, or wealth tax, and no capital gains tax
To qualify for residence, applicants must fulfill all of the following requirements:
1. Invest between NZD 5 million and NZD 15 million over the course of four years
2. Be in good health and of good character
3. Spend 117 days in New Zealand across the four-year residence period
4. Demonstrate English language ability
The following assets may be invested into and will be weighted accordingly to meet the NZD 15 million investment threshold:
Direct investments into approved businesses. These will be given a 3x weighting
Investments into approved managed funds (private equity or venture capital funds). These will be given a 2x weighting
Investment into listed equities and philanthropy. These will be given a 1x weighting (and each of these is capped at 50% of the NZD 15 million investment requirement)
Applications must include completed application forms and should be accompanied by the appropriate fees and supporting documents. The processing time is eight to nine months from submission of the application to approval.
Investments can be made across three years (being maintained for a fourth year). After four years of keeping their funds in New Zealand, if they meet the requirements for minimum time spent in the country, investors can apply for permanent residence. After the four-year period and meeting the investment and time-in-country requirements, residents can support their parents’ application under the Parent Retirement category.
If families are included in the resident visa, they are required to go to New Zealand within 12 months of their visa being granted but are not required to remain in New Zealand for any minimum length of time. Family members aged 16 and over are also required to meet English language requirements, or they can choose to pre-purchase ESOL tuition to be undertaken once in New Zealand.
A visa holder may take up residence anywhere in New Zealand and can study at all schools and tertiary education providers in the country as a domestic student. To purchase residential real estate, visa holders must be usually resident in New Zealand. Those who spend only the minimum number of days in the country are likely to be required to obtain approval to purchase. This requirement is removed once they have lived in New Zealand and been physically present in the country for at least 183 days in the preceding 12 months and are a tax resident.
To Know More About Leading Residence and Citizenship by Investment Programs
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