How long does it take to process the Parent Retirement Resident Visa?

The processing time can vary, but it typically takes several months. Make sure to submit all required documents to avoid any delays.

Can I include my spouse in the application?

Yes, you can include your spouse or partner in the application. They will also need to meet health and character requirements.

What are the financial investment options available?

You can invest in various options such as government bonds, equity, or residential property, provided it aligns with New Zealand's investment policies.

What happens if my investment doesn't perform well?

The requirement is to maintain the investment for the specified period. Investment performance is not the responsibility of New Zealand Immigration, but maintaining the investment even if it underperforms is essential.

Can my funds be sourced from different accounts?

Yes, your funds can be sourced from different accounts or assets, provided you can prove ownership and meet the total minimum required amount.

Is there an age limit for the Parent Retirement Resident Visa?

There is no specific age limit for this visa. However, you must meet health and character requirements.

Can I apply for this visa while in New Zealand on another visa?

Yes, you can apply for the Parent Retirement Resident Visa while you are in New Zealand on another visa, as long as your current visa allows you to apply for residency.

Do I need to have English language proficiency for this visa?

There are no specific English language requirements for this visa type.

Can my children sponsor me for this visa?

No, this visa does not require sponsorship from your children. Instead, it is based on your ability to meet the financial and other requirements.

What if my circumstances change after I obtain the visa?

You should notify New Zealand Immigration of any significant changes in your circumstances. Certain changes could affect your ongoing residency status.

New Zealand Parent Retirement Resident Visa Guide

Find out everything you need to know about New Zealand Parent Retirement Resident Visa application process and requirements.

What Is the New Zealand Parent Retirement Resident Visa?

The Parent Retirement Resident Visa for New Zealand is designed for parents who have children that are New Zealand citizens or residents, and who wish to retire and join their family in New Zealand. This visa offers a pathway to residency for parents who can make a significant contribution to the New Zealand economy by investing in the country. It provides an opportunity to live in a stable and scenic country while being closer to their children and grandchildren. To qualify, parents need to demonstrate that they have the financial means to support themselves without relying on public funds and must make a substantial financial investment in New Zealand.

Parent Retirement Resident Visa Requirements for New Zealand

Explore the key requirements for obtaining your Parent Retirement 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.

Proof of Relationship
You must provide evidence that you are the parent of a New Zealand citizen or resident.
Financial Criteria
Demonstrate that you have at least NZD $1 million to invest in New Zealand for four years and an additional NZD $500,000 to live on.
Settlement Fund Requirement
Show that you have an annual income of at least NZD $60,000.
Health and Character Requirements
Meet the necessary health and character criteria by providing relevant medical and police clearance certificates.
Investment Plan
Prepare a comprehensive investment plan outlining how you will invest the funds and contribute to the New Zealand economy.

How to Apply for New Zealand Parent Retirement Resident Visa

Understand the process of applying for an New Zealand Parent Retirement Resident Visa, including key steps, document submission, and what to expect throughout the application.

Gather Necessary Documents
Make sure you have all the necessary documents, such as proof of your relationship to your child in New Zealand, your financial details, and any other relevant documents as listed by New Zealand Immigration.
Complete Online Application
Fill out the online application form available on the New Zealand Immigration website. Make sure to carefully enter all required information accurately.
Pay Application Fee
Submit the application fee through the payment methods accepted by New Zealand Immigration. Keep the payment receipt as you might need it for future reference.
Submit Supporting Documents
Upload all required supporting documents through the online application portal. Ensure that all documents are clear and legible.
Wait for Processing
After submission, your application will be under assessment. The processing time can vary, so be prepared for a waiting period.
Complete Medical and Character Checks
You will likely need to undergo medical and character checks. These are standard procedures to ensure applicants meet health and character requirements.
Financial Investment Verification
Prepare to provide evidence of the financial investment you intend to make in New Zealand, as this is a key requirement of this visa type.
Receive Visa Decision
Once your application is fully assessed, you will receive a decision. If approved, you can make arrangements to relocate to New Zealand and join your family.

Useful New Zealand Parent Retirement Resident Visa Resources

New Zealand Immigration

New Zealand Now

Ministry of Business, Innovation and Employment

New Zealand Government

New Zealand Parent Retirement Resident Visa Advice

Getting the Parent Retirement Resident Visa involves a fair amount of paperwork and meeting specific financial criteria. It’s a good idea to double-check all documents and information before submission to avoid delays or complications. Seek assistance or advice from professionals if the process seems overwhelming. Make sure to keep an eye on the updates from New Zealand immigration to stay informed about any changes in the rules and regulations.

New Zealand Parent Retirement Resident Visa Guide

What Is the New Zealand Parent Retirement Resident Visa?

Parent Retirement Resident Visa Requirements for New Zealand

Proof of Relationship

Financial Criteria

Settlement Fund Requirement

Health and Character Requirements

Investment Plan

How to Apply for New Zealand Parent Retirement Resident Visa

Gather Necessary Documents

Complete Online Application

Pay Application Fee

Submit Supporting Documents

Wait for Processing

Complete Medical and Character Checks

Financial Investment Verification

Receive Visa Decision

Useful New Zealand Parent Retirement Resident Visa Resources

New Zealand Parent Retirement Resident Visa Advice

Frequently Asked Questions

New Zealand Passport Details and Ranking 2024