By Elliot Goldman
Earthquakes aside, it is great to be back in New Zealand after having returned from a New Zealand investment and migration focused business trip to San Francisco, Los Angeles, Phoenix, Las Vegas and Chicago. The trip was run in conjunction with the New Zealand Consulate in Los Angeles and Immigration New Zealand. It happened to coincide with the Chicago Cubs winning the World Series, the All Blacks losing to Ireland, Donald Trump wining the US Presidency and Leonard Cohen passing away!!!.
Given how polarising the United States election has been, we always knew we would get a lot of enquiry about immigrating to New Zealand regardless of who won. That has certainly proven to be the case from our friends in the United States and from other nationalities looking at immigration alternatives to the New Zealand particularly under the investment based categories.
Broadly, the investment based immigration options are:
Investor Visa Category
- Investor 1 Visa: based on a minimum investment of NZ$10 million for at least 3 years (no age restriction).
- Investor 2 Visa: based on a minimum investment of NZ$1.5 million (limited to those who are 65 years and under).
- Enables an applicant to purchase an existing business or to establish a new business on the basis of having met a points based application process. Residency can be applied for after a business has successfully operated for at least 2 years. Residence can be fast tracked if certain criteria is met.
We note that Immigration is an often evolving area and is used as a tool to meet the New Zealand Government’s policies in relation to investment capital and sourcing people with business skills. We are constantly monitoring developments as they occur.
Please do not hesitate to contact Elliot Goldman at [email protected] or +64 27 515 7823 should you wish to discuss any matters relating to New Zealand immigration options.