New Zealand Residency

New Zealand

There are two options for gaining Permanent Residency in New Zealand through immigration investment. Applicants that have held Permanent Residency can qualify for New Zealand citizenship after five years. There is no direct and immediate citizenship by investment programme in New Zealand. One key benefit is that once held, Permanent Residency in New Zealand is for life. New Zealand offers subsidised education and free healthcare.

New Zealand RESIDENCY by Investment Programme:

  • Population: 5.11 million
  • Capital: Wellington
  • Language: Māori, New Zealand Sign Language
  • Religion: Christian
  • Currency: New Zealand dollar
  • GDP per capita: 41945$
  • Climate: Summer

NEW ZEALAND INVESTOR VISA

There are two categories of Investor Visa for New Zealand, Investor 1 and Investor 2. Permanent Residency (PR) can be obtained by investing in residential property, commercial property, and certain high growth investments including government bonds. The requirements are as follows:

INVESTOR 1 CATEGORY VISA

  • Investment of NZ$10,000,000 for 3 years
  • No maximum age
  • No English language requirement
  • Minimum stay 88 days over 3 years
  • No annual quota

Applicant Criteria

There will be several strict, detailed checks with the final decision resting with the Ministry. An applicant who has already been rejected for residency in another EU country will automatically be rejected for citizenship under this programme.

INVESTOR 2 CATEGORY VISA

  • Investment of NZ$2,500,000 for 4 years
  • Maximum age 66
  • English language requirement
  • Minimum stay 438 days over 4 years
  • Annual quota of 400 applicants

NEW ZEALAND ENTREPRENEUR VISA

New Zealand’s entrepreneur Visa is open to applicants introducing high growth and innovative businesses with export potential to New Zealand.

  • Capital investment of NZ$100,000
  • 120 points or more
  • Clear business plan
  • Exising business or management experience
  • Health, character and English language requirements

Residential property investment in New Zealand has been an atractive option for the investor visa in recent years. Prices are growing strongly, interest rates are below 4.0% and with over 70,000 migrants each year there is high demand for residences.

Potential applicants should note that rejection rates for investor visas in New Zealand are extraordinarily high with more than half of all applicants being rejected.

Procedures and time frame

Every application follows the same procedure:

Step 1 — Selection of Qualifying Real Estate

We can advise you on the current situation of the real estate market in Cyprus, offering insight into options and conducting searches.  We undertake due diligence on all our research ensuring that you get the best possible advice on market condition and real estate availability.

Step 2 — Prepare citizenship application

Every applicant receives a very detailed application package which includes a checklist of all the documents that need to be submitted.  Some of these may be requested before the package is received as they often take some time to locate.  These include:

  • Birth, marriage and divorce certificates

Police clearance certificates – from country of residence and country of origin (if different).

Step 3 — Submission of citizenship and immigration permit applications

Once the applicant has completed the citizen application it needs to be sent to the Cypriot Ministry of Interior Then, an application for an immigration permit must be sent to the Migration Department.  Applicants must visit the Migration Department to submit biometric data.

 

Since July 2018, only applications that are made via approved, registered providers will be accepted.

 

The usual time-frame for the issue of the immigration card is 5-10 working days from the date of submission.  This allows time for the applicant to travel to, and reside on the Island and wait to receive their Cypriot passport.

 

When the Ministry of Interior receives an application for citizenship it will forward it to the Ministry of Finance.  The Finance Ministry then looks at the financial criteria, gives clearance and returns it to the Ministry of Interior for further checks.  Once these have been completed satisfactorily the application is then sent to the Council of Ministers.

 

The entire process takes approximately 6-8 months.

Step 4 — Issue of New Zealand citizenship certificate

Once the Council of Ministers has ratified the application they issue a letter of approval.  The applicant must have held an immigration permit for 6 months before they go to Cyprus to receive the documents.

The applicants attends a ceremony to swear the oath to the Republic.  Their citizenship certificate is officially stamped and a biometric passport and ID are issued.  This takes around 2-3 hours.  The applicant will need to be present in Cyprus for one working day.

Dual citizenship

No restrictions.

Taxation

The non-domicile scheme states that taxation is based on residence rather than citizenship so New Zealand citizens do not pay tax on overseas earning.

Personal tax rates progress incrementally up to 35%.  Corporate tax is 12.5% and immovable property tax was abolished in 2016.

VAT is 19% and applies to goods and services in New Zealand, including imports and goods from the EU.

Advantages of Citizenship

  • Travel to 173 destinations worldwide Visa-free or  apply on arrival.
  • EU citizenship – free movement, ability to work and study within 27 nation-states.
  • Security within the legal and social system across the EU.
  • Applicants benefits extend to the whole family
  • Rapid completion within 6-8 months
  • Straightforward process
  • Citizenship is inherited by future generations

REAL ESTATE INVESTMENT NEW ZEALAND

A few examples of our real estate options for residency and citizenship investment in New Zealand.

Nothing to display

CITIZENSHIP AND RESIDENCY PROGRAMMES

A selection of alternative residency and citizenship investment programmes to consider.

Malta

600 000 EUR Investment

Real Estate

EU Citizenship

Visa Free travel to 183 countries

Process Duration: 6 months

Montenegro

450 000 EUR Investment

Real Estate

EU Citizenship

Visa Free travel to 122 countries

Process Duration: 2 months

Cyprus

2 150 000 EUR Investment

Real Estate

EU Citizenship

Visa Free travel to 172 countries

Process Duration: 6 months

Moldova

100 000 EUR Investment

Real Estate

EU Citizenship

Visa Free travel to 119 countries

Process Duration: 6 months

Austria

250 000 EUR Investment

Real Estate

EU Citizenship

Visa Free travel to 185 countries

Process Duration: 24 months

Bulgaria

512 000 EUR Investment

Real Estate

EU Citizenship

Visa Free travel to 169 countries

Process Duration: 6-12 months

Turkey

250 000 EUR Investment

Real Estate

Middle East Citizenship

Visa Free travel to 110 countries

Process Duration: 2 months

Jordan

250 000 EUR Investment

Real Estate

Middle East Citizenship

Visa Free travel to 49 countries

Process Duration: 4 Months

Vanuatu

130 000 EUR Investment

Real Estate

EU Citizenship

Visa Free travel to 125 countries

Process Duration: 6 months

Saint Lucia

100 000 EUR Investment

Real Estate

EU Citizenship

Visa Free travel to 128 countries

Process Duration: 3 months

Saint Kitts & Nevis

200 000 EUR Investment

Real Estate

Caribbean Citizenship

Visa Free travel to 130 countries

Process Duration: 3-4 months

Grenada

150 000 EUR Investment

Real Estate

Caribbean Citizenship

Visa Free travel to 127 countries

Process Duration: 3-4 months

Dominica

100 000 EUR Investment

Real Estate

Caribbean Citizenship

Visa Free travel to 120 countries

Process Duration: 4 months

Antigua & Barbuda

200 000 EUR Investment

Real Estate

Caribbean Citizenship

Visa Free travel to 130 countries

Process Duration: 3-4 months

Residence by investment Programs

Explore the most popular residency by investment programs worlwide

Greece

250 000 EUR Investment

Real Estate

EU Residency

Visa Free travel to 172 countries

Process Duration: 6 months

Spain

500 000 EUR Investment

Real Estate

EU Residency

Visa Free travel to 129 countries

Process Duration: 6 months

Portugal

500 000 EUR Investment

Real Estate

EU Residency

Visa Free travel to 172 countries

Process Duration: 6 months

Australia

500 000EUR Investment

Real Estate

EU Residency

Visa Free travel to 183 countries

Process Duration: 6 months

Austria

250 000EUR Investment

Real Estate

EU Residency

Visa Free travel to 185 countries

Process Duration: 4 months

Cyprus

2 150 000 EUR Investment

Real Estate

EU Residency

Visa Free travel to 172 countries

Process Duration: 6 months

Canada

1 200 000 EUR Investment

Real Estate

EU Residency

Visa Free travel to 180 countries

Process Duration: 6 months

Italy

2 000 000 EUR Investment

Real Estate

EU Residency

Visa Free travel to 150 countries

Process Duration: 6-8 months

Switzerland

250 000EUR Investment

Real Estate

EU Residency

Visa Free travel to 155 countries

Process Duration: 4 months

HongKong

200 000EUR Investment

Real Estate

Asia Residency

Visa Free travel to 79 countries

Process Duration: 3 months

Jersey

1 000 000 EUR Investment

Real Estate

EU Residency

Visa Free travel to 129 countries

Process Duration: 6 months

Latvia

250 000 EUR Investment

Real Estate

EU Residency

Visa Free travel to 129 countries

Process Duration: 3 months

Malaysia

135 000 EUR Investment

Real Estate

Asia Residency

Visa Free travel to 172 countries

Process Duration: 6 months

Malta

250 000 EUR Investment

Real Estate

EU Residency

Visa Free travel to 98 countries

Process Duration: 3-4 months

Monaco

1 000 000 EUR Investment

Real Estate

EU Residency

Visa Free travel to 173 countries

Process Duration: 6 months

New Zealand

5 500 000 EUR Investment

Real Estate

EU Residency

Visa Free travel to 173 countries

Process Duration: 6-8 months

Singapore

250 000 EUR Investment

Real Estate

Asia Residency

Visa Free travel to 65 countries

Process Duration: 6 months

Thailand

60 000 EUR Investment

Real Estate

Asia Residency

Visa Free travel to 120 countries

Process Duration: 3 months

United Kingdom

2 000 000 EUR Investment

Real Estate

EU Residency

Visa Free travel to 175 countries

Process Duration: 3 months

USA

 

900 000 EUR Investment

Real Estate

EU Residency

Visa Free travel to 180 countries

Process Duration: 6 months

RELATED NEWS

New Zealand Citizenship Investment to Increase

Yesterday the Council of Ministers in New Zealand announced the following revisions to the New Zealand Citizenship programme which will take place as of 15th May 2019. The most significant change is that the...

New Zealand Caps Citizenship Investment 2018

The government in New Zealand has announced some key amendments to their Citizenship by Investment Programme. The programme will now be capped to a limit of 700 naturalisation applications per year, taking...

New Zealand Citizenship Programme raises €6 billion

The number of passports issued to foreign investors in the last 10 years has passed the 3,000 mark according to the New Zealand News Agency. The figures were submitted in official data released to the...

New Zealand Economy Continues to Grow

The most recent RICs property price index report shows more promising signs of economic growth in New Zealand. With improved confidence in New Zealand’ banking system, resulting in higher transactions taking...