Important information about the Active Investor Plus Visa

Here is what you need to know about the Active investor plus visa

Investor Category

 

Two Categories:

1.     Growth Category

2.     Balance Category

 

Growth Category

-          Minimum investment amount is $5 million NZD

-          Can only invest in Managed Funds or Direct Investment

-          Have 6 months to transfer the funds from the date of AIP

-          Investment period being 36 months

-          Need to be in NZ for a minimum of 21 days

-          Minimum English requirement not required

 

Balance Category

-          Minimum Investment $10 million NZD

-          Acceptable Investment includes:

·         Listed Equities

·         Philanthropy

·         Property Development

·         Bonds

·         Managed funds

·         Direct Investments

-          Have 6 months to transfer the funds from the date of AIP

-          Investment period being 60 months

-          Minimum English requirement not required

 

General requirements of good character and health are still to be applicable. In addition, the legality of the nominated funds will need to be demonstrated, that is how the funds were earned to acquired.

 

The funds do not necessarily need to come from overseas. If you have assets or funds in New Zealand, it may be included as nominated funds.

 

There is also the possibility for you to reduce your time required in New Zealand for your investment period. To reduce your time required in New Zealand, you will need to invest more than the minimum investment and depending on the additional investment, INZ will reduce time required accordingly.

 

Managed Funds

If you are looking to invest in managed funds, the managed investment products must be on the acceptable managed fund list maintained by NZTE or a discretionary investment management service, which is accepted and maintained by NZTE.

 

Listed Equities

If you are looking to invest in listed equities, this needs to be done through an exchange traded fund or managed fund that is held by someone licensed by the Financial Markets Authority to provide this service. Any listed equities must be a New Zealand entity

Direct Investment

Direct investment can be listed equities, equity security in an investee entity or another financial. 

Above mentioned investments must be confirmed by NZTE.

 

Property Development

If you are intending to invest in Property development, you must invest in NEW developments. They can be residential, commercial, industry or existing commercial or industrial property developments.

With this option, investors will need to keep in mind of OIO requirements and to ensure you are eligible to acquire the property/development.

 

Bonds

Must be New Zealand bonds.

For further updates and information please keep an eye out on our website in the coming year or feel free to contact us.

DISCLAIMER – This article is not to be relied on as advice. It is for general information and guidance only. Although we take utmost care to ensure we provide information as accurately as possible it is not meant to be applied to individual cases. If you need professional advice tailored to your circumstances please contact us

Davidson Legal