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Active Investor Plus Visa overview

Published 24 November 2025

The Active Investor Plus Visa category incentivises direct investment and encourages greater economic benefit to New Zealand. 

The Active Investor Plus Visa category is intended to attract investors who take an active role in helping companies access global knowledge networks, capital, and markets. The visa is designed to generate higher business productivity and job growth.

Between September 2022 and 31 March 2025, under the previous visa settings Immigration New Zealand (INZ) have received 115 applications for 362 applicants. An application may have multiple applicants including partners and dependent children.

Of the 115 applications received, 46 applications had been approved for a resident visa, 13 were withdrawn by the applicant and 33 were granted approval in principle.

New visa settings launched 1 April 2025

On 1 April 2025, changes were made to simplify the investment process, including the introduction of 2 investment categories.

As of 21 November, INZ has received 443 applications under the new settings for 1,419 applicants, 84 in the Balanced category and 359 in the Growth category.  

Of the 443 applications received, 50 applications are from applicants transitioning an existing application to the new settings and 393 applications are new applications. No further applicants are eligible to transition an existing application to the new settings.

These applications amount to a potential total minimum investment of NZD $2.635 billion.

312 applications have been approved in principle, 59 in the Balanced category and 253 in the Growth category. INZ has processed 3 withdrawal requests. 

128 applications are still being assessed.

The average time for an application under the new settings to be approved in principle is 29 working days.

As of 21 November, 93 applications have been approved and applicants have been granted resident visas, 27 in the balanced category and 66 in the growth category. The total committed investment from these applications amounts to NZD $594.3 million (rounded) into New Zealand’s economy. The majority of the investments to date have been into Invest New Zealand approved managed funds, and bonds.

Table 1: Applications by nationality
Nationality Applications received Number of people
Austria 2 10
Belgium 1 4
Canada 3 10
China 73 241
Czech Republic 1 7
Finland 2 6
France 1 4
Germany 33 132
Great Britain 7 17
Hong Kong 54 168
Japan 11 34
Malaysia 1 2
Malta 1 2
Netherlands 4 13
Poland 1 4
Romania 1 2
Russia 3 12
Singapore 20 72
South Africa 1 2
South Korea 11 36
Spain 1 6
Switzerland 5 15
Taiwan 24 80
Tonga 1 4
Turkey 1 4
Ukraine 1 2
United States of America 171 495
Vietnam 8 35
Total 443 1,419

Changes to the Active Investor Plus Visa

Changes to the Active Investor Plus Visa included the introduction of 2 investment categories:

  • Growth category: focuses on higher-risk investments, including managed funds and direct investments in New Zealand businesses. It will require a minimum investment of NZD $5 million for a minimum period of 3 years. 
  • Balanced category: focuses on mixed investments, with the ability to choose ones that are lower risk. There will be a minimum investment of NZD $10 million over 5 years. 

Other changes included:

  • reducing the minimum investment amount from NZD $15 million (or weighted equivalent) to NZD $5 million for Growth and NZD $10 million for Balanced category investors 
  • broadening the scope of acceptable investments to include bond and property-type investments for Balanced category investors
  • removing the English language requirement
  • fewer immigration requirements, for migrants who choose more active investments, such as reducing the time required to be spent in New Zealand.

Active Investor Plus Visa

Read more information on the changes, and what options are available for current Active Investor Plus Visa applicants.

Investor category update provides attractive investment options

Applications under the Investor 1 and Investor 2 visas are no longer accepted. All applications currently in progress with INZ will continue to be processed.