Announcement
Active Investor Plus: new managed fund requirements from 28 September
Published
16 September 2026
Changes to managed funds and direct investment offerings under the Active Investor Plus (AIP) Visa will come into effect on 28 September 2026.
The changes are designed to strengthen the quality of approved investments, provide greater certainty for migrant investors and fund managers, and help ensure investments support New Zealand's economic growth.
The updates include:
New investment plan requirements for managed funds
Managed funds will be required to provide and maintain investment deployment plans, giving investors greater confidence that funds have a clear strategy for investing in New Zealand.
A stand-down period for declined applications
Managed funds and direct investments that are declined will need to wait 6 months before reapplying. This encourages high-quality applications and supports a stronger investment programme.
Stronger oversight of approved investments
Invest New Zealand will have enhanced powers to suspend or revoke the eligibility of managed funds and direct investments that no longer meet programme requirements.
Clearer Growth and Balanced investment categories
New guidance will clarify the features of Growth category investments, making it easier for investors and fund managers to understand the requirements of the Growth and Balanced categories.
These changes will help ensure approved investments continue to meet the objectives of the Active Investor Plus Visa and support productive investment in New Zealand.
More information on the application process and further guidance on the new criteria will be available on the Invest NZ website from 28 September 2026.