16 December 2009
New Zealand investor visa selection announced
New Zealand Immigration has announced the selection of Expressions of Interest (EOI) under the Migrant Investment Policy, Investor (Investor 2 Category), which took place on today.
In total three Expressions of Interest were selected by New Zealand Immigration, and all with a claim of between 20 and 109 points were selected.
The Investor (Investor 2 Category) visa is designed to attract financial capital into New Zealand by providing resident to those who wish to make a significant financial contribution to the economy. After approval in principle, applicants may apply for a multiple entry New Zealand Visa.
This visa, which is valid for 12 months, will allow the applicant to work in New Zealand and arrange the transfer and investment of their funds into the country.
There are a number of requirements the principle applicant and their partner and dependent children must meet under this category, including:
You, the principal applicant, must be aged 65 or younger;
You must nominate funds and/or assets equivalent to at least NZ$1.5 million for investment and NZ$1 million for settlement. You will need to provide evidence that your investment and settlement funds and/or assets are owned by you or jointly by you and your partner and/or dependent children. Evidence must also be supplied showing that the intended investment funds are unencumbered, have been earned or acquired legally, and are transferable to New Zealand through the banking system;
You will need to place the investment funds in an acceptable investment in New Zealand, and will have to provide evidence of this within 12 months; AND
You need a reasonable standard of English, and your partner and dependent children must meet the same requirement. However, if your partner and/or dependent children do not yet meet the minimum standard of English ESOL tuition in New Zealand can be pre-purchased.
The New Zealand Visa Bureau is an independent consulting company specialising in helping people with their visa applications to the New Zealand Embassy.