After we grant you (and your family) resident visas under the Migrant Investment Category, there are some conditions that you will have to meet. We call these "Section 49(1) conditions" as they fall under Section 49(1) of the Immigration Act 2009.

Retain your funds in acceptable investments

You need to retain your investment funds in an acceptable investment in New Zealand. The investment period is three years for Investor Plus (Investor 1 Category) residents and four years for Investor (Investor 2 Category) residents. The investment period begins from the date you complete the investment of your nominated investment funds. However, if your investment funds are already in acceptable investments in New Zealand at the date we approve your application in principle, the investment period commences from that date.

You may change your investments during the investment period provided your investment funds continue to meet all requirements for acceptable investments.

Meet the requirements for minimum time spent in New Zealand

As the principal applicant you must meet the requirements for minimum time spent in New Zealand for each year (excluding the first year) of your investment period:

• Investor – 40 per cent of each of the final three years of the four-year investment period (146 days per year)
• Investor Plus – 12 per cent of each of the final two years of the three-year investment period (44 days per year).

Your family need to come to New Zealand within 12 months of being granted a resident visa, or their residence will lapse.

Tell us if your New Zealand address changes

Because we need to contact you at several stages of this process, you need to let us know of any changes to your contact details.

Two years after you have invested your funds in New Zealand

We will write to you three months before the second anniversary of your investment period to remind you to provide evidence that you have:

• retained acceptable investment(s) in New Zealand for the first two years of the investment period (see evidence you have retained acceptable investment)
• spent the required time in New Zealand in the second year of your investment period.

You must provide this evidence within three months after the second anniversary of your investment period.

When you have satisfied us that you have met these requirements and you have held a resident visa for at least two years, you and your family members included in your application will be eligible for a variation of travel conditions on your resident visa. The variation of travel conditions is valid for up to two years and within this period you and your family members may travel outside New Zealand and re-enter as a resident.

If you do not satisfy these requirements, you and your family members included in your application may be liable for deportation under section 159 of the Immigration Act 2009.

End of your investment period

We will write to you three months before the end of your investment period to remind you to provide evidence that you have:

• retained acceptable investment(s) in New Zealand for the remaining time of your investment period (see evidence you have retained acceptable investment)
• spent the required time in New Zealand in the remaining time of your investment period.

When you have satisfied us that you have met these requirements you will be eligible for a permanent resident visa for yourself and your family members included in your application.

If you do not satisfy these requirements, you and your family members included in your application may be liable for deportation under section 159 of the Immigration Act 2009.