Investor 2 Resident Visa

Visa details

This visa allowed business people with at least NZD $3 million in funds or assets to submit an expression of interest and then apply for residence. It closed to new applicants on 28 July 2022.

Length of stay

Indefinitely

Age range
Up to

65

Cost
From
NZD $8590
Processing time
Every
2 weeks
With this visa you can
  • Live, work and study in New Zealand.
  • Include your partner, and dependent children aged 24 and under, in your visa application.
Things to note
  • We use a points-based system to assess eligibility for Investor 2 Resident Visas.
  • If your expression of interest is selected and we invite you to apply for residence, you'll have 4 months to send us your application.
CLOSED

This visa is now closed to new applications.

Who can apply

The criteria and evidence below will provide you with the information you need to provide to meet the requirements of this visa.

View All Evidence

Identity

You must provide proof of your identity

Acceptable photos

Tips

  1. Also provide a copy of your Identity card.

  2. Also provide your Kartu Keluarga.

  3. If you’re not a French national, also provide a copy of your carte d’assuré.

  4. Also provide a copy of your livret de famille.

  5. If your birth certificate isn’t available, we’ll accept your School Leaving Certificate or Class 10th or 12th Certificate.

  6. If you’re unable to provide a copy of your birth certificate, we’ll accept your identity card as proof of your identity.

    We don’t accept delays or expense as reasons for not providing a birth certificate.

  7. You don’t need to provide proof of your identity until you’re invited to apply for residence.

  8. Please also provide your household registration transcript.

Health

You must be in good health

You must have a chest x-ray and a medical examination as proof of your good health.

Getting an x-ray or medical examination

Tips

  1. You don’t need to have an x-ray or medical examination until you’re invited to apply for residence.

Character

You must be of good character

If you are 17 or over, you must provide a police certificate from:

  • your country of citizenship
  • any other country where you have spent 12 months or more over the last 10 years, even if you did not spend that 12 months all in one visit.

Good character

How to get a police certificate

Tips

  1. Police Certificates must be less than 6 months old when you apply.

  2. You don’t need to provide any Police Certificates until you’re invited to apply for residence.

  3. If you provide a police certificate that is not in English, you must provide an English translation.

    This includes police certificates that record no convictions.

Fit and proper person

You must be a fit and proper person

You must confirm in the application form that you meet fit and proper person requirements.

To be a fit and proper person, all businesses you have influence over must have complied with all immigration, employment and taxation laws. You must also:

  • have never been investigated by the Serious Fraud Office or the New Zealand police for any offence resulting from business dealings
  • have no convictions for an offence involving dishonesty
  • have never been involved in business fraud or financial impropriety.
Tips

  1. We’ll contact you if you need to provide further information.

English language

You must be able to speak English

If you are invited to apply for residence, you must qualify for a minimum of 1 point for English language ability.

Check your points for Invester 2 Resident Visa

If you claim 10 points for your English language ability instead of an English test result, you can provide evidence you have an English-speaking background or are a competent user of English for other reasons.

English-speaking background

Tips

  1. English language test results must be no more than 2 years old.

  2. If your application is approved and you were awarded 1 point for English language, you must complete 20 hours of English tuition at a New Zealand registered school or tertiary education provider.

Partner and dependent children

You can include your partner and any dependent children up to the age of 24 in your application

You must provide evidence:

  • of your relationship with your partner and dependent children, like a marriage certificate and birth certificates
  • that your partner and dependent children meet the identity, character, health and English language requirements for this visa.

Partnership
Dependent children

Tips

  1. You don’t need to provide any evidence until you’re invited to apply for residence.

  2. If your partner or dependent children have, or applied for, a New Zealand temporary entry visa based on their relationship with you, you must include them in your residence application.

English language for family

Your family must be able to speak English

If you’re invited to apply for residence, your partner and any dependent children 16 or over included in your invitation must meet a minimum standard of English. Evidence can include proof they:

English-speaking background

Tips

  1. English language test results must be no more than 2 years old.

  2. If your partner and dependent children 16 and over do not speak English, they can learn in New Zealand. You will have to pay us for English language classes before we can grant you a visa.

    Learning English in New Zealand after you come to New Zealand

Age

You must be 65 or under

We will use the documents you provide as proof of your identity to confirm your age.

Tips

  1. You don’t need to provide any evidence until you’re invited to apply for residence.

Recognised business experience

You must have at least 3 years’ recognised business experience

To show us you have recognised business experience, you must provide evidence to show us the roles and responsibilities you have. This can include original or certified copies of:

  • certificates of business incorporation
  • financial accounts for the business
  • tax returns and tax records for the business
  • shareholder certificates or other proof that you own the business
  • job descriptions
  • performance reviews
  • personal tax returns
  • letters of appointment
  • certificates of service
  • strategic planning documents
  • references from your employer – these should be on company letterhead and include your occupation, dates of employment and employer’s contact details

If you worked less than 30 hours a week, we’ll also need a schedule of your weekly working hours.

Tips

  1. Your business experience must be in a business that has at least five full-time employees or annual revenue of NZ $1 million.

  2. You don’t need to provide any evidence until you’re invited to apply for residence.

Transfer investment funds

You must transfer your investment funds to New Zealand

You must transfer your investment funds to New Zealand.

You must transfer your investment funds directly from your bank account to New Zealand through the banking system.

If we approve your application in principle, you’ll have 12 months from that date to transfer and invest your funds.
 
Transferring investment funds

Tips

  1. You can apply for a temporary visa to come to New Zealand and investigate investment opportunities.

    Specific Purpose Work Visa

  2. Applicants must ensure their funds meet currency exchange and transfer requirements in place in China.

  3. The following organisations have previously demonstrated they have acceptable QDII products:

    • Bank of China
    • China Construction Bank
    • ICBC
    • Guosen Securities Company Ltd

  4. We may give you a further 6 months to transfer and invest your funds.

    You’ll need to contact us before the transfer period expires and show you have made reasonable steps to transfer and invest.

Investment funds

You must have at least NZ $3 million to invest in New Zealand for 4 years

You must nominate the type, location and value of the funds and/or assets you intend to invest in your expression of interest.

If you’re invited to apply for residence, you must provide evidence you own the funds you nominate, which may include:

  • bank statements
  • title deeds
  • property valuations
  • share certificates
  • business ownership documents
  • asset valuations.

The value you can claim for your nominated funds depends if they are owned by you, or jointly by you and another person.

If you own an investment jointly with:

  • your partner or dependent children, you can claim the full value of the investment as long as they are included in your application
  • someone who isn’t your partner or dependent child, you can only claim the part of the investment that you own.

Partnership

Tips

  1. The funds and/or assets you nominate for your investment can’t be borrowed, or have a loan or bond against them.

  2. The funds you nominate for your investment must be in addition to the funds you’re required to have to settle in New Zealand

Source of investment funds

You must have earned or acquired your funds lawfully

You’ll need to explain how you earned your funds when you submit your expression of interest.

If you’re invited to apply for residence, you’ll need to provide evidence to support your explanation, which may include:

  • tax returns or certificates
  • pay slips
  • business financial statements
  • business shareholdings
  • dividends
  • receipts for property sales
  • bank certificates
  • share trading profits
  • evidence of gifted money
  • probate and other evidence of inherited money.
Tips

  1. It’s OK if your investment includes funds that were gifted to you, as long as the gift was unconditional and lawful, and the funds were originally earned or acquired lawfully.

Acceptable investments

You must invest your nominated investment funds in acceptable investments in New Zealand for a minimum of 4 years

You must provide documents from a trusted professional like a chartered accountant or solicitor that confirm:

  • your full name
  • the amount invested in NZD
  • the date you started your investment
  • the investment type
  • the names of any organisations you invested in
  • the number of shares or bonds you bought in any organisations.

Acceptable investments: investor visas

Managing your acceptable investments

Tips

  1. If you already have funds invested in an acceptable investment in New Zealand, we can start your investment period from the time we approve your residence application in principle.

    Once your funds are invested in New Zealand, it’s OK to transfer funds between acceptable investments.

  2. Your nominated investment funds are those funds for which you were awarded points in your invitation to apply.

Process and costs

The information below will help you understand the process, timeframes and costs involved in applying for this visa, so you can plan ahead and have the best chance of submitting a complete application.

Stage 1

1
You send us your Expression of Interest

Complete an ‘Expression of Interest (EOI)’ form and send it to us together with your application fee.

You don’t have to send us any supporting documents with your EOI.

When we receive your EOI, we allocate points for your age, business experience, English-speaking ability, and investment funds.

Summary of Investor 2 Category Points

Investor (Investor 2 Category) - Expression of Interest (INZ 1165) PDF 515KB
 Investor (Investor 2 Category) Guide (INZ 1164) PDF 301KB
 Self Assess Guide for Residence in New Zealand (INZ 1003) PDF 320KB
Immigration costs
NZD $ 690

Application cost –

Timeframes - EOI selection
Every 2 weeks

We select EOIs from the pool every 2 weeks.

Stage 2

1
You transfer your funds to New Zealand and make your investment

If we approve your application in principle, you will have 12 months to transfer your funds to New Zealand and invest in an acceptable investment.

You must show that your funds or assets came from the source you named in your application.

You may wish to come to New Zealand to check out investment opportunities before you transfer your funds. You will need to apply for a work visa or visitor visa to do this.

Acceptable Investments

Transferring Investment Funds

Immigration costs
NZD $ 7,900

Application cost – This is the charge for Immigration New Zealand to process your application. We do not refund application costs if we decline your application. A non-refundable immigration levy is charged and is included in the cost.

2
We grant your residence visa

After we grant your visa, we check in with you to make sure you are meeting the conditions of your visa like keeping your funds invested and spending time in New Zealand.

If you have met all the conditions at the end of your four-year investment, you may be eligible for a permanent resident visa.

Timeframes - Processing
90% within 51 months

90% of applications are currently completed within this time. This includes a 12 month investment period for you to complete your investment in New Zealand.

Timeframes - Average processing
Time is 34 months

Timeframes are in weekdays. We use the median value to find the average.

How to submit

Payment methods and receiving centre details if applicable.

Stage

1

Expression of Interest

Payment methods

By Post

Credit Card
You can pay with Visa or MasterCard. We take payment when we receive your application. You must have enough funds available on the day we receive your application or it may be returned to you.

Postal address

Business Migration
Immigration New Zealand
P O Box 50728
Porirua 5240
New Zealand

Hours

Phone enquiries
Monday to Friday
06:00 to 22:00

Closed Saturday and Sunday

Telephone

+649-914-4100

0508-558-855 (NZ callers only)

Stage

2

Application

Payment methods

By Post

Credit Card
You can pay with Visa or MasterCard. We take payment when we receive your application. You must have enough funds available on the day we receive your application or it may be returned to you.

Debit Card
You can pay by debit card. We take payment when we receive your application. You must have enough funds available on the day we receive your application or it may be returned to you.

Postal address

Immigration New Zealand
PO Box 76895
Manukau City
Auckland 2241
New Zealand

Courier address

Immigration NZ
DX Box: EP71514
20 Fairfax Avenue
Penrose
Auckland 1061
New Zealand

Conditions

These are the conditions that you must meet once you have your visa.

Entry permission

You must apply for entry permission when you arrive in New Zealand. You can do this by completing an arrival card, which you are given on the way to New Zealand.

Arriving in New Zealand

Notes

  • You can be refused entry permission if:

    • you don’t meet our character requirements
    • your circumstances have changed since you were granted a visa
    • you refuse to let us to take your photo, or provide us with your fingerprints or an iris scan, if we ask you for them.

Invest in New Zealand

You must keep your nominated funds invested in an acceptable investment in New Zealand for 4 years.

Notes

  • We ask for evidence you have kept your funds invested at the end of the second and fourth years you are in New Zealand.

    You will have 3 months to provide the evidence.

    It is OK to transfer funds between acceptable investments.

    If you already have funds in an acceptable investment in New Zealand when you apply for residence, we can start your investment period from the time we approve your application in principle.

    Acceptable investments: investor visas

    Managing your acceptable investments

Spend time in New Zealand

You must spend 146 days per year in New Zealand, or 438 days at any time over the four year investment period if you have invested a minimum of NZ$750,000 in growth investments.

Notes

  • We’ll ask for evidence that you’ve met this condition towards the end of the second and fourth years you’re in New Zealand.

    You’ll have 3 months to provide the evidence.

Learn English

If your IELTS certificate shows an overall band score of 3 when you apply for residence, you must complete 20 hours English language tuition at a New Zealand-registered school or tertiary education provider within the 4-year investment period.

Notes

  • If this applies to you, we’ll ask for evidence you completed the English language tuition within 3 months of the end of your 4-year investment period.

Contact details

You must let us know if your address or other contact details change during the 4-year investment period.

Notes

  • We’ll need to keep in touch with you to check you’re meeting the conditions of your visa.

    If we’re unable to confirm that you’re meeting the conditions, you may not be able to stay in New Zealand.

Work

You can work in any occupation for any employer in New Zealand.

Study

You can study in New Zealand.

Travel

You can travel in and out of New Zealand for the first 2 years of your investment period.

If you meet all of the conditions that apply to the first 2 years of your investment period, you can apply for a variation of conditions to allow you to travel in and out of New Zealand for another 2 years.

Notes

  • If you’re not meeting the conditions of your visa, you may have to leave New Zealand.

Keep your visa in a valid passport

If you want to travel, your visa must be in a valid passport.

If your passport expires, you must apply to transfer your visa to a new passport before you can travel.

Transferring my visa to a new passport

Notes