New Zealand has created a new category of immigrant visas aimed at luring seasoned, high-value investors to invest in homegrown companies. The purpose of introducing this visa is to promote local businesses in New Zealand.
According to the Minister of Economic and Regional Development, Stuart Nash, foreign investors can only purchase bonds and stocks using a previous investment visa. He stated that they wanted to promote active investment so that the nation could produce high-skilled jobs. The new visa will promote economic expansion as well.
On September 19, 2022, the Active Investor Plus visa will become available. After July 27, 2022, applications for Investor 1 or Investor 2 visas would no longer be accepted.
You are eligible for this visa if;
You must provide the following documents.
When to Apply
You may apply for the visa once you have the required investments you are going to make. Moreover, you must have a plan to invest in a local business. The visa processing can take several months, so you may apply accordingly.
Visa Processing Time
The exact processing time for an investment visa is still unknown. However, you may expect to have a visa within 5-6 months.
How to Apply
The process of application is online. You are supposed to apply for this visa, meet the necessary requirements and pay the required fee. After that, what you can do is wait for confirmation.
Duration
During the four-years long investment term, investors are required to stay in New Zealand for atleast 117 days or around a month per year. This period has been increased from the previous category's 88 days to make sure that the investors properly engage with local businesses to aid in their expansion.
Fees
The fee for the new investor visa has not been officially announced yet. However, it may cost more than 300 NZD.
The investor visa for New Zealand can be extended. It can even lead you to permanent residence in the country. You may also invite family members to join you there.
Can you do business on an investment visa?
Yes. The visa is introduced for making investments and conducting business.
Is an investor visa for New Zealand extendable?
Yes, the visa can be extended.
Does it lead to permanent residence?
It may lead to permanent residence.