The Temporary Retirement Category is a special visitor category designed for those who wish to invest in New Zealand and stay here longer than current visitor categories allow.
Successful applicants will be issued with a two year multiple entry visitor visa that allows them to stay for two years, and travel in and out of New Zealand during that time.
To be approved under the Temporary Retirement Category you must:
You may include your partner in your application; however dependent children cannot be included.
You can re-apply for another visitor visa under this category if you:
You must demonstrate ownership of your nominated funds and/or assets, and demonstrate that the nominated funds and/or assets have been legally earned or acquired. All invested funds must be placed in an acceptable investment(s).
You may nominate funds and/or assets which have been given to you unconditionally and in accordance with local law. You will need to show that your donor acquired those funds and/or assets lawfully.
If some of your funds and/or assets have been acquired by inheritance you will need to provide appropriate evidence, eg probate or evidence from your solicitor, to show that they were acquired lawfully.
An acceptable investment is defined as investment that:
For the purposes of 'acceptable investment', residential property development(s) is defined as property(ies) in which people reside and is subject to the following conditions:
Investment in bonds in finance companies may be considered where the finance company:
a New Zealand Stock Exchange listed company or a local authority.
No, they don’t as they do not provide a commercial return.
Personal use includes a personal residence, car, boat or similar assets.
You should transfer your total investment funds to New Zealand and invest them in acceptable investments within three months of approval in principle.
If you do not transfer your funds within three months your application must then be declined.
Once your application is approved in principle you are eligible for a three month multiple entry visitor visa to come to New Zealand to investigate investment opportunities.
If applicable, your partner is also eligible for a multiple entry visitor visa for the same period.
No, you are only required to transfer your nominated investment funds to New Zealand.
To meet Immigration New Zealand requirements, your insurance policy must have a minimum policy limit of NZ$500,000 for the duration of the visa and cover the costs of:
Application forms and guides can be downloaded or can be obtained from Immigration New Zealand branches. You can apply by completing the Temporary Retirement Category Visitor Visa application form and sending it, along with the application fee and supporting evidence, to the Business Migration Branch.
Business Migration BranchImmigration New ZealandPO Box 3705WellingtonNew Zealand