Find out everything you need to know about New Zealand Investor 1 Resident Visa application process and requirements.
What Is the New Zealand Investor 1 Resident Visa?
The Investor 1 Resident Visa for New Zealand is designed for wealthy individuals who are looking to make a substantial investment in the country. This visa is tailored for those who can invest NZD $10 million or more over a three-year period. The goal of the visa is to attract high-net-worth investors to boost the New Zealand economy, create jobs, and contribute to the country's development. The benefits of this visa include the ability to live, work, and study in New Zealand, as well as potentially applying for permanent residence after holding the visa for several years.
Investor 1 Resident Visa Requirements for New Zealand
Explore the key requirements for obtaining your Investor 1 Resident Visa for New Zealand. This section covers the necessary documentation, eligibility criteria, and any specific conditions you must meet to successfully apply for and secure your visa.
Minimum Investment Amount
You must have at least NZD $10 million to invest in acceptable investments over a three-year period.
Character Requirements
You need to be of good character, which typically requires police clearance certificates from countries where you have lived for 12 months or more in the last 10 years.
Health Criteria
You must meet health requirements as specified by Immigration New Zealand, which may involve undergoing medical and chest X-ray examinations.
Investment Period
The specified investment must be retained for a minimum of three years. Regular monitoring and reporting to Immigration New Zealand will be required.
Stay Requirements
You must spend at least 44 days in New Zealand each year, or 88 days over the three-year investment period if you have invested in growth investments.
How to Apply for New Zealand Investor 1 Resident Visa
Understand the process of applying for an New Zealand Investor 1 Resident Visa, including key steps, document submission, and what to expect throughout the application.
Check Your Eligibility
First and foremost, ensure that you meet the basic eligibility criteria, which includes having NZD $10 million to invest and being in good health and of good character.
Prepare Your Investment Plan
Draft a comprehensive investment plan detailing how you intend to invest your NZD $10 million over a three-year period. Clearly outline the types of investments you are interested in.
Gather Required Documents
Collect all necessary documentation, including financial records, proof of investment funds, health certificates, and police clearance certificates from your country of residence.
Submit an Expression of Interest (EOI)
Submit your EOI through the Immigration New Zealand website. Your EOI should contain detailed information about your background and your investment plans.
Invitation to Apply
If your EOI is successful, you will receive an invitation to apply for the Investor 1 Resident Visa. Follow the instructions in the invitation carefully.
Complete the Application Form
Fill out the official application form provided by Immigration New Zealand. Ensure that all information is accurate and matches the details provided in your EOI.
Submit Your Application
Submit your completed application form along with all required documents and the application fee. Keep copies of all submitted documents for your records.
Await Processing
After submission, your application will be processed by Immigration New Zealand. This may take several months, so be patient and prepared to provide additional information if requested.
Receive Your Visa
If your application is approved, you will receive your Investor 1 Resident Visa. You can now proceed with your investment in New Zealand.
Useful New Zealand Investor 1 Resident Visa Resources
Before applying for the Investor 1 Resident Visa, it's essential to ensure you meet all the criteria and have a detailed investment plan in place. Consulting with an immigration advisor or legal professional specializing in New Zealand immigration can also be very beneficial. It's crucial to keep all your financial documents in order and ensure that you have a clear understanding of New Zealand's investment landscape. Keep track of all deadlines and submit your application well in advance to avoid any last-minute hiccups.