Golden Visa NZ: How to Invest and Live Permanently in New Zealand

Summary

In this video, Andy Saputra discusses New Zealand's Golden Visa program with Jihenny from Queen City Law, focusing on how Indonesian investors can obtain residency by investing NZD 5 million or more. The Golden Visa offers two investment categories: Growth (high-risk startup investment) and Balance (conservative options like property development and bonds). The program provides a fast-track path to permanent residency, with minimal residency requirements (21 days) and no English language proficiency needed. It also allows investors to bring their family members. The video outlines the benefits, process, and risks involved in securing the Golden Visa for a future in New Zealand.

Takeaways

• 😀 The Golden Visa program is an initiative by the New Zealand government aimed at attracting investors.
• 😀 The visa is specifically designed for investors, particularly high-net-worth individuals looking to secure a future in New Zealand.
• 😀 There are two main visa categories: Growth Category (minimum investment NZD 5 million) and Balance Category (minimum investment NZD 10 million).
• 😀 The Growth Category allows investments in managed funds or direct investments in New Zealand startups, with a 21-day residency requirement over 3 years.
• 😀 The Balance Category is a more conservative investment option, including government bonds, listed equities, and residential/commercial property development, with a 105-day residency requirement over 5 years.
• 😀 Golden Visa applicants do not need to take an English language proficiency test like IELTS.
• 😀 Investors can bring their spouse and children under 25 years old as dependents under the Golden Visa program.
• 😀 After receiving initial residency, investors have 6 months to transfer funds to New Zealand and invest in their chosen categories.
• 😀 After fulfilling the residency and investment requirements, Golden Visa holders can apply for permanent residency and eventually citizenship.
• 😀 The Golden Visa program offers flexibility, allowing investors to live, work, and enjoy the benefits of permanent residency in New Zealand after completing the visa requirements.

Q & A

What is the Golden Visa program in New Zealand?

The Golden Visa program in New Zealand is designed for investors, offering a pathway to residency in exchange for a significant financial investment in the country's economy.

What are the two main investment categories in the Golden Visa program?

The two main investment categories are the Growth Category and the Balance Category. The Growth Category requires an investment of NZD 5 million in startups or managed funds, while the Balance Category requires NZD 10 million for more conservative investments such as government bonds or property development.

How much do you need to invest to qualify for the Golden Visa in New Zealand?

To qualify for the Golden Visa, you need to invest either NZD 5 million for the Growth Category or NZD 10 million for the Balance Category.

What types of investments are allowed under the Growth Category?

Under the Growth Category, eligible investments include startups and managed funds that are focused on New Zealand’s economic growth.

What types of investments are allowed under the Balance Category?

The Balance Category allows for investments in more conservative assets such as government bonds, listed equities, or residential and commercial property development projects.

How long does it take to get approval for the Golden Visa?

The approval process typically takes 3 to 6 months, after which applicants receive an 'approval in principle.'

How long do Golden Visa holders need to live in New Zealand to maintain their residency?

Golden Visa holders are required to spend at least 21 days in New Zealand within the first 3 years to maintain their residency.

Can you bring your family with you if you qualify for the Golden Visa?

Yes, you can bring your spouse and children under the age of 25 with you as part of the Golden Visa application. However, children over 25 must apply separately.

Is there a language requirement to apply for the Golden Visa?

No, there is no language proficiency requirement (such as IELTS) for the Golden Visa program, which makes it more accessible compared to other immigration pathways.

What happens after 5 years of holding a Golden Visa?

After 5 years, if all investment requirements have been met, Golden Visa holders can apply for permanent residency, which can eventually lead to citizenship.