New Zealand Business Investment Visa
New Zealand is one of the most strong and well-organized countries globally. It provides a wide range of excellent destinations for business, investment, and settling with a family. It is ranked in the top 10 countries in terms of investor safety, or doing business. The purpose of the New Zealand Investor Visa is to draw financial resources to local enterprises or government bodies by allowing resident visas to individuals who intend to make a substantial contribution to New Zealand’s economy.
Requirement for the New Zealand Business Investment Visa
Applicants seeking investor visas are required to fulfill the 'fit and proper' person criteria, which require that:
All businesses under their influence must adhere to relevant immigration, employment, and taxation regulations;
They must not have any convictions related to business dealings;
They must not have been convicted of any dishonest conduct in New Zealand or abroad;
They must not have engaged in business fraud or financial misconduct.
Investor visas are granted indefinitely and permit you to include your partners and dependent children aged 24 in your visa applications.
Types of New Zealand Investor Visa
The New Zealand Migrant Investment Categories consist of two sub-pathways; The Investor 1 Category and the Investor 2 Category. While these categories share similarities, they also possess distinct characteristics.
Investor 1 Resident Visa
This visa is applicable for individuals who possess a minimum of NZ $10 million to invest in New Zealand over a three-year timeframe. This category is prioritized and is typically assigned to a case officer without delay.
To secure approval under the Investor 1 Category, the following conditions must be met:
You and your family members must add the health and character certificate in the application
You must identify the funds and the asset you have is no less than NZ $10 million and ensure to provide the ownership evidence
You must prove that the funds you have are lawfully obtained
You must continue to meet the fit and proper person criteria
Make sure you are committed to investing NZ $10 million for a duration of three years and the funds are transferred to the acceptable investment.
Investor 2 Resident Visa
The procedure for obtaining an Investor 2 visa closely meets the Skilled Migrant category and encompasses two main stages: the Expression of Interest and the Invitation to Apply.
Individuals express their desire to be considered for a resident visa under the Investor 2 Category by submitting an Expression of Interest (EOI) to Immigration New Zealand in the designated format.
By completing an EOI, applicants provide details regarding their identity, health, and character, as well as information about their English language proficiency. They also claim points based on age, business experience, and other relevant criteria.
To secure approval under the Investor 2 category, the following conditions must be met:
You must earn sufficient points based on the criteria that led to your EOI being selected from the Pool.
You and your family members must satisfy health and character standards.
You must be 65 years of age or younger.
Make sure you possess a minimum of three years of business experience.
You must achieve at least 1 point for English language proficiency.
You must designate investment funds and/or assets valued at a minimum of NZ$5.0 million.
Make sure you prove ownership of the designated funds and/or assets, demonstrating that they have been legally obtained.
You must fulfill fit and proper person criteria.
Benefits of a New Zealand Residence
New Zealand citizenship in 5 years
A strong and thriving economy
Wide range of business opportunities
Universal healthcare and education
Luxurious lifestyle opportunities for all ages
Can include Spouses and children
A secure destination to live
Mesmerizing natural environment
Can conduct business
New Zealand Business Investment Visa Conditions
Documents List Investors Need
The documents needed to apply for the New Zealand Investment Visa:-
Passport
Copy of passport
Two photographs
Birth certificate
Certificate of absence of tax arrears
Proof of required funds
Police Clearance Certificate
The Application Process for the New Zealand Investment Visa
Make sure to submit the Expression of Interest that shows your intention to invest in New Zealand.
Once your application is selected, you will get the invitations to apply for the visa.
Make sure to prepare a report that demonstrates your investment intention.
When your application is approved, ensure you pay the required amount in New Zealand.
Your settlement and assets will be verified by the authority.
In this step, you and your family take the health and character check-up.
The type of visa you get depends on the category you applied for. Investor 1 for permanent residency and Investor 2 for temporary residency.
The New Zealand Investor visa opens the door for individuals with several opportunities. This visa has two categories through which you can apply for the investment visa. Both categories have similarities but with different criteria. To know more about these visas, connect with the best immigration consultant, Go-Global Immigration Services (GGIMS).
