New Zealand new visa: To attract experienced, high-value investors to invest in domestic businesses, the New Zealand government has created a new investor migrant visa category. The new Active Investor Plus visa category will replace the existing Investor 1 and Investor 2 visa categories. New Zealand launches new visa category start from September.
Eligibility criteria for New Zealand’s Active Investor Plus visa category includes a minimum $5 million investment and only 50% of that can be invested in listed equities. The Government has announced a new investor category for cashed-up and high-skilled migrants willing to actively invest in the New Zealand economy.
The new “Active Investor Plus Visa”, which will open for applications from September 19, will replace two current investor migrant categories. Under the new scheme there will be a minimum $5 million investment in New Zealand for active investments. It will cap so-called passive investment to 50% of a minimum $15 million investment.
Passive investment in listed equities (shares) will only be allowed to make up 50% of the new investment, while investment in bonds and property will not be counted as passive investments. The new rules were announced by Minister for Economic and Regional Development Stuart Nash and Immigration Minister Michael Wood in Christchurch on Wednesday.
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They have been recalibrated to encourage more ‘active’ investment in New Zealand companies. The Government thinks that the changes will attract more engaged and experienced investors. “The new visa settings will attract active and high-value migrants who will bring their international expertise to help New Zealand businesses to grow, which increases local employment and directly benefits the economy,” Nash said.
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