New Zealand Launches Active Investor Plus Visa
Application is now being accepted for New Zealand’s Active Investor Plus visa, which has been designed to build successful New Zealand businesses.
The new Active Investor Plus visa category is aimed to attract high-value investors. This visa replaces the previous Investor 1 and Investor 2 visa categories, which closed to new applications on 27 July 2022
The decision has been confirmed by Economic Development Minister Stuart Nash and Immigration Minister Michael Wood, following the Government’s Immigration Rebalance strategy.
“The new visa replaces the previous investor visa categories, which often resulted in investment into passive asset classes such as bonds rather than investing directly into Kiwi companies, meaning a missed opportunity to encourage investment that delivers real benefits to our economy,”Immigration Minister Michael Wood
According to the Minister, the new visa category would also help the country leverage the skills and experience of migrants who will bring access to the global network as well as other markets in order to help New Zealand’s businesses grow faster and smarter.
“The new visa category will help to bring to the country investors that wish to invest in the country for the long term, bringing their skills and experience to helping to increase our productivity and competitiveness and supporting our transition to a high wage, productive economy.”Immigration Minister Michael Wood
The Minister also stated that all those who make investments into New Zealand firms would be eligible for the new visa with a total of $5 million investment.
How To Qualify For Active Investor Plus Visa
Applicants must provide at least NZD $15 million in investments in addition to other requirements. The new system excludes bonds and property from being eligible asset classes for visa eligibility.
Applicants must have an International English Language Testing System score of at least 5.0 to ensure that investors are able to share and communicate their knowledge and skills as well as engage in the New Zealand business network.
Active Investor Plus visa holders will be able to live, work and study in New Zealand indefinitely and will be eligible to apply for permanent residence after four years of keeping their funds in New Zealand.
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