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If you’re interested in obtaining residency by investment in New Zealand, there are specific visa options and requirements you should consider.Let’s explore the process:
Investor Visas:
New Zealand offers investor visas that allow you to live, work, and invest in the country.The primary investor visa streams are:
Investor 1 Resident Visa: Closed to new applications after July 27, 2022.
Investor 2 Resident Visa: Also closed to new applications after the same date.
If you applied for an Investor 1 or 2 Resident Visa before the category closure, you must invest your funds in an acceptable investment.
Acceptable investments must meet specific criteria:
Commercial Return: Investments should be able to generate a commercial return.
In New Zealand: Funds must be invested in New Zealand.
In New Zealand Dollars: The investment should be in NZD.
Legal Enterprises or Managed Funds: Acceptable investments include bonds, equities, property, and other investments.
Economic Contribution: Investments should have the potential to contribute to New Zealand’s economy.
Not for Personal Use: Investments cannot be for personal use (e.g., buying a home, boat, or car).
Types of Acceptable Investments:
Bonds: These can be issued by the New Zealand Government, local authorities, or New Zealand firms.
Equity: Invest in New Zealand firms (public or private), registered banks, venture capital funds, or private equity funds.
Property: Residential property, commercial property, or property development.
Other Investments: Philanthropic investment, angel funds, or networks’ investments.
Trusts, Companies, and Limited Partnerships:
You can hold acceptable investments in a trust (with specific trustee requirements), establish a company, or form a limited partnership.
Corporate trustees are not accepted.
Application Process:
Submit your application online through Immigration New Zealand.
Seek assistance from a licensed immigration advisor or lawyer.
Once approved, you have 12 months to transfer your funds to New Zealand and invest in an acceptable investment.
How to apply for Residence by Investment in NZ?
Some businesses for Investment in NZ
Here are some ideal business areas for investment:
Renewable Energy:
New Zealand is committed to sustainability and clean energy.
Invest in wind, solar, hydro, or geothermal energy projects.
Advanced Transportation:
Explore opportunities in electric vehicles, smart transportation systems, and logistics.
New Zealand aims to reduce emissions and improve transport efficiency.
Food and Beverage:
Invest in high-quality food production, organic farming, or specialty products.
New Zealand is known for its dairy, meat, and wine exports.
Technology and Innovation:
Support startups and tech companies.
Areas include software development, AI, fintech, and cybersecurity.
Tourism and Hospitality:
New Zealand attracts tourists from around the world.
Consider investments in accommodation, adventure tourism, or eco-friendly experiences.
Wood Processing and Forestry:
New Zealand has abundant forests.
Invest in timber processing, sustainable forestry, or wood products.
How long does it take to obtain residency through investment?
The processing time for obtaining residency through investment in New Zealand depends on the specific visa stream you choose. Here are the estimated timeframes:
Active Investor Plus Visa:
This visa is suitable for high-net-worth individuals with at least NZD $15 million or the weighted equivalent in available assets or funds.
Processing Time: Approval in principle is typically achieved within 80% of applications within 4 months.
After approval in principle, you have 6 months to transfer and invest your funds in New Zealand.
Investor Category Visa:
The Investor (1) stream has a faster processing time compared to the Investor (2) stream.
Investor (1):Processing Time: Approximately 90 days.
Investor (2):Processing TimeOn average, 8 months
Business Investment including Real Estate in Australia
Investing in New Zealand, including real estate, can be an exciting opportunity. Let me provide you with some insights and resources to guide your investment decisions:
Investing in New Zealand Guide 2023:
MinterEllison offers an Investing in New Zealand Guide that provides a helpful summary of New Zealand’s business framework. It covers topics such as establishing a business, investment structures, financing, Overseas Investment Office applications, mergers and acquisitions, employment issues, immigration requirements, tax compliance, intellectual property protection, and more.
The guide also highlights considerations for real estate investments, including commercial, industrial, agricultural, and forestry properties. Additionally, it addresses engaging with local iwi (indigenous communities) and other stakeholders.
Top Places to Invest in New Zealand (2024):
Opes Partners has identified the top five places to invest in New Zealand. These locations offer promising opportunities for growth and development. You might want to explore these areas further.
Commercial Property Investment:
The commercial property sector in New Zealand is currently prosperous due to a strong economy. Commercial property yields have remained higher than interest rates, making it an attractive option for investors
.
Local Real Estate Investment Companies:
Consider connecting with local real estate investment companies such as Summit Property Management Nelson, Total Properties Nelson, and Avonbank Property Advisory. These firms specialize in property management, sales, and advisory services.
NZTE Investment Opportunities:
The New Zealand Trade and Enterprise (NZTE) Investment team facilitates connections between investors and local businesses. They focus on creating sustainable and inclusive deals that benefit both investors and New Zealand
Where can you go for business or visa in NZ?
If you’re considering doing business or obtaining a visa in New Zealand, here are some key steps and resources to guide you:
Business Opportunities in New Zealand:
New Zealand offers a favorable environment for business and investment. Here are some steps to explore:
Business Visa Categories: Depending on your situation, you can apply for various business visas. These include the Entrepreneur Work Visa, Investor Visa, and Entrepreneur Residence Visa.
Business Structures: Decide on the type of business structure you want to establish. Common options include sole proprietorship, partnership, or company.
Market Research: Research the New Zealand market to understand demand, competition, and potential customers.
Business Plan: Create a detailed business plan outlining your goals, target market, financial projections, and marketing strategy.
Legal Requirements: Register your business, obtain necessary licenses, and comply with tax regulations.
Networking: Attend business events, connect with local entrepreneurs, and build professional networks.
Visa Options:If you’re looking to move to New Zealand, consider the following visa options:
Skilled Migrant Visa: For skilled workers with relevant qualifications and experience.
Work Visa: If you have a job offer from a New Zealand employer.
Investor Visa: For investors who want to invest a significant amount in New Zealand.
Entrepreneur Work Visa: For those planning to start or buy a business.
Visitor Visa: If you want to explore business opportunities before committing.
Immigration New Zealand (INZ): Visit the official website of Immigration New Zealand (INZ) for detailed information on visa requirements, application processes, and eligibility criteria.
You can find the most up-to-date information on their website: Immigration New Zealand
Business Support Organizations:Reach out to organizations that provide support to businesses and investors:
New Zealand Trade and Enterprise (NZTE): Offers advice, market insights, and connections.
Chambers of Commerce: Local chambers can provide valuable resources and networking opportunities.
Regional Economic Development Agencies: These agencies promote investment in specific regions.
Consult with Professionals:Consider seeking advice from:
Immigration Consultants: They can guide you through the visa application process.
Business Advisors: Experts who understand New Zealand’s business landscape.