In July 2009 the Immigration Minister has announced new changes to the Investor Policy.The new policy is now divided into two categories:
- Investor Plus (Investor 1 Category), and
- Investor (Investor 2 Category).
Outlined below is a summary of the key requirements:
| |
New policy requirements as of July 2009
|
| |
Investor Plus
(Investor 1 category)
|
Investor
(Investor 2 category) |
| Investment funds |
NZ$ 10M
for 3 yrs
|
NZ$ 1.5M
for 4 yrs |
| Business experience |
None |
3 years minimum
|
| Settlement funds |
None |
NZ$ 1 M
(transfer not required) |
| Maximum age |
None |
Up to 65 |
| Principal applicant 's English language |
None |
- an English speaking background, or
- an International English Language Testing System (IELTS) test report with an overall band score of 3 or more, or
- a competent user of English
|
Family member's English language
|
None |
Same as principal applicant or pre-purchase ESOL tuition
|
| Minimum time in NZ |
73 days in NZ in each of the last 2 yrs of the 3 yrs investment period
|
146 days in NZ in each of the last 3 yrs of the 4 yrs investment period |
| Health and character |
Applicants under both categories must meet health and character requirements
|
