How To Get New Zealand Citizenship
It is not possible to obtain New Zealand citizenship by investment, but there are investment residence permit programs in the country. Under their terms, applicants invest from 3 million New Zealand dollars in the country's economy.
We will tell you why the status of a resident of New Zealand is attractive and whether you need to move to the country in order to obtain citizenship.
New Zealand investment programs
explains how to get a residence permit in New Zealand by investment
There are two investment programs in New Zealand: Investor 1 and Investor 2. Both allow you to obtain a residence permit which is a temporary residence permit in the country. Permanent residence in New Zealand or citizenship of the country cannot be obtained by direct investment.
Investment programs differ in the size of investments, the duration of their investment, the requirements for investors and for living in the country. Under the Investor 1 program, investments start from NZ $ 10 million, and under Investor 2 – from NZ $ 3 million.
One New Zealand dollar is 71 American cents. Thus, investments under the first program start from $ 7,050,200, and under the second – from $ 2,115,060.
$ 3,000,000 NZ
the minimum investment for obtaining a residence permit in New Zealand
New Zealand investment program conditions
| Condition | Investor 1 program | Investor 2 program |
|---|---|---|
| Minimum investment | $ 10,000,000 NZ | $ 3,000,000 NZ |
| Ownership period | 3 years | 4 years |
| Residence permit quota | No restrictions | 400 residence permit cards are issued per year |
| Stay in New Zealand | 88 days: 44 days each year for the last two years of participation in the program | 584 days: 146 days each year for four years of participation in the program |
| Investor's age | From 18 years old | 18 to 65 years old |
| Knowledge of English | Not required | At a basic level, confirmed by a certificate: — IElTS from 3.0; — TOEFL iBT from 31; — PTE Academic from 29; — FCE from 142; — OET from D |
| Business experience | Not required | From 3 years |
| Period for obtaining permanent residence | From 3 years | From 4 years |
In the application an investor can include a spouse and children under 24 years of age who are financially dependent on the main applicant.
A residence permit card is issued to an investor for the entire period of participation in the program, that is, for three or four years. In the first two years, the investor has the right to enter and leave New Zealand without restrictions.
Two years after the issuance of the residence permit card, the New Zealand Immigration Service will check whether the investor continues to meet the conditions of the program: whether the investment is retained and whether it meets the requirements for compulsory residence. If everything is in order, the investor will receive permission to continue to travel freely. If they find violations, they can cancel the residence permit, deport from the country or deny entry.
After the end of the program, the investor can obtain permanent residence in New Zealand and return the investment.
A residence permit in New Zealand allows you to live in the country without restrictions, study, work, run a business and receive free health care.
Investment options for residence permit programs in New Zealand
To obtain a residence permit in New Zealand, you can invest in:
- stock;
- shares of venture and investment funds;
- residential or commercial property;
- capital of a New Zealand company;
- charitable foundations.
Investments based on economic growth are investments in stocks or shares of investment and venture funds. Buying bonds is not considered an investment under the residency program.
Investing in securities allows you to obtain a residence permit in New Zealand on more favorable terms.
Incentives for investments in shares and fund units
| Incentive | Investor 1 program | Investor 2 program |
|---|---|---|
| Changing the conditions of residing in the country | If you invest from $ 2,500,000 NZ, you can spend the required 88 days in New Zealand at any time during three years of participation in the program | If you invest from $ 750,000 NZ, you can spend less time in New Zealand: 438 days within four years of the program |
| Reducing the amount of investment | — | If you invest from $ 1,500,000 NZ, the total investment amount can be reduced by half a million — up to $ 2,500,000 NZ |
Investments in residential real estate involve the construction of objects,
e.g. residential complexes or neighborhoods, with a high level of investor involvement in the process. When submitting an application, the investor provides:
- Business plan of the project.
- Contracts with a construction company and subcontractors.
- Required permits obtained from local authorities.
- Work schedule, marketing plans.
- Payment schedule, if the money will not be paid immediately, but in parts.
Investments in commercial real estate involve the purchase of commercial properties or land for commercial development. If an investor plans to build a new facility, he needs to submit a project plan and obtain permission from the state. The costs of obtaining permits are not included in the investment amount.
Not suitable for real estate investments:
A business investment is an equity investment in a New Zealand company, which under the terms of the program must be wholly owned by a foreign company. Investors provide information about the scope of the company and what the investment will be spent on.
Donations to charity. No more than 15% of the total investment can be invested in charitable foundations. For investments to be counted:
- the charitable foundation must work for at least two years;
- a nonprofit organization must be approved by a visa manager and provide social, cultural or economic benefits.
Up to 15%
of the investment amount can be donated to charity
What documents do investors need
Investors must submit the following documents to apply for the New Zealand Residency by Investment Program:
- Originals or certified copies of passport and birth certificate.
- Marriage certificate.
- Birth certificates of children.
- Certificate of absence of tax arrears.
- Certificate of no criminal record.
- Documents confirming the availability of the required amount to participate in the investment program and the legality of its receipt.
- Two photographs 3 × 4.
The investor needs to undergo a medical examination by a doctor who can send an official opinion to New Zealand. You can find the nearest doctor on the official website of the program.
How else can you get a residence permit in New Zealand
In addition to investing in the country's economy, there are other reasons for obtaining a residence permit in New Zealand and immigration to the country:
- admission to a New Zealand university or language school;
- job invitation;
- starting or buying a business in New Zealand;
- marriage with a resident or citizen of the country;
- family reunion.
Student residence permit is issued to students who enroll in a New Zealand university or language school. This type of residence permit is obtained for the entire period of study in New Zealand – it is valid for up to four years.
Temporary work visas are issued to graduates of New Zealand universities for a period of one to three years. If during the validity period of the visa you managed to find a job, you can apply for a permanent work visa.
A permanent work visa can be obtained by people under the age of 55. Applicants fill out a questionnaire, according to which the immigration officer assesses the professional skills of the candidate. Points are awarded for work experience, skill level, and knowledge of the English language. The minimum passing score is 100, but in each case the decision is made individually. You can estimate your chances using the points calculator.
A temporary business visa is issued to those who are ready to create or buy a business in New Zealand and invest from $ 70,000 in it. Also, the candidate will need to confirm that he has never been involved in financial fraud.
To apply for a visa, you need to fill out a form and score at least 120 points. The questionnaire evaluates the size of the investment, the experience of doing business, the location of the company, its benefits for New Zealand, etc. You can calculate the number of points using a special calculator.
A permanent business visa can be obtained after two years of living in New Zealand on a temporary business visa. Permanent residence can be obtained earlier if you invest in the company from $ 350,000 and create three jobs in New Zealand.
A residence permit through marriage can be obtained by entering into a relationship with a resident or citizen of New Zealand. The application is considered up to 11 months for New Zealand citizenship by marriage: this time is needed to check if the relationship is fictitious. Immigration to New Zealand through a fictitious marriage is illegal.
If the partners have been together for more than five years, you can immediately apply for permanent residence. In other cases, permanent residence can be obtained after two years of living in New Zealand on a temporary visa.
When can one get a New Zealand passport?
Investors can apply for New Zealand citizenship after five years of living in the country in the status of a residence permit or permanent residence. In order for the application to be approved, the investor confirms that he was in the country at least:
- 240 days each year, eight months equivalent;
- 1,350 days over the past five years is an average of 270 days a year, or around nine months.
After 5 years
of residency in New Zealand, citizenship can be obtained
In New Zealand, it is allowed to have a second citizenship: when obtaining citizenship of the country, you do not need to give up your first citizenship.
Benefits of living in New Zealand
New Zealand is ranked ninth in the United Nations ranking of the happiest countries. The state provides social protection to residents and effectively fights corruption. The country has a high life expectancy of 82 years.
The cost of living. The national average income is about $ 2,800 per month after taxes. People living alone spend about $ 900 a month on living. A family of four costs an average of $ 3400.
A third of the New Zealand population rents housing, which increases costs by one and a half to two times more. Depending on the proximity to the city center, the cost of renting a one‑room apartment varies from $ 850 to $ 1,100 and for a three‑room apartment, $ 1,500 to $ 1,800.
Work and business. New Zealand has a low unemployment rate of 4%. The state creates comfortable conditions for doing business, helps private production and protects the rights and freedoms of its citizens. New Zealand ranks second in the ranking of countries with a high level of economic freedom.
New Zealand has no capital gains, gift taxes, inheritance taxes, property, land or transport taxes. Companies pay income tax at a rate of 28% and value added tax at a rate of 15%. Individual entrepreneurs pay income tax at the same rates as individuals: the tax is calculated on a progressive scale from 10.5 to 39%.
Standard & Poor's has rated the country's 2021 credit rating at AA+. This means that New Zealand's economy is stable and is quickly recovering from the pandemic.
Safety. New Zealand is ranked tenth in the ranking of the safest countries. This means that the country has a high level of personal safety for residents, the state is effectively fighting the coronavirus, and the occurrence of unrest and wars is unlikely.
Climate. New Zealand has a subtropical maritime climate with high humidity and frequent rains, with an average of 137 rainy days per year.
The change of seasons is not very pronounced: the average temperature in winter is +10°С, in summer – +18°С. Since the country is located in the Southern Hemisphere, the seasons are opposite to the European ones: the warmest month is January, and the coldest month is July.
Cleanness. New Zealand has an image of a "green" country. Public outreach policies are effective as New Zealanders are responsible for the segregated collection of waste and keep the city streets clean. If residents see household rubbish on the street, they will not pass by, but will pick it up and carry it to public bins.
Parenting. Wellington, the capital of New Zealand, ranked third among the best cities for parenting. There are many parks for walking, low air pollution, and enough schools for comfortable learning in small classes.
Auckland is the economic and financial center of New Zealand. The Sky Tower is 326 meters high and can be seen from almost anywhere in the city
Hobbiton in the vicinity of the town of Matamata is the place where the trilogies of «The Lord of the Rings» and «The Hobbit» were filmed and serves as a popular attraction
Lady Knox Geyser erupts every day, but not on its own: it is triggered with a soapy solution
Thermal lake «Champagne Pool» in the volcanic valley of Waiotapu
Low‑rise area in Wellington, capital of New Zealand
Visa‑free travel with a New Zealand passport
The New Zealand passport is ranked seventh in the world passport ranking. It is used to travel without visas to the UK, Australia, Japan, Hong Kong and 183 other countries. This list also includes countries that issue visas on arrival when crossing the border.
187 countries
can be visited without a visa with a citizens passport of New Zealand
New Zealand citizens receive an electronic entry permit before traveling to the United States or Canada. With the help of it, they check whether the traveler poses a danger to the inhabitants of the country. For example, questionnaires usually ask about convictions or events of deportation.
List of Visa Free Countries for New Zealand Citizens
Asia
No. Country Entry requirements 1 Armenia Visa‑free 2 Bahrein Visa on arrival 3 Bangladesh Visa on arrival 4 Brunei Visa‑free 5 Cambodia Visa on arrival 6 Georgia Visa‑free 7 Hong Kong Visa‑free 8 Indonesia Visa‑free 9 Iran Visa on arrival 10 Iraq Visa‑free 11 Israel Visa‑free 12 Japan Visa‑free 13 Jordan Visa on arrival 14 Kazakhstan Visa‑free 15 Kuwait Visa on arrival 16 Kyrgyzstan Visa‑free 17 Laos Visa on arrival 18 Lebanon Visa on arrival 19 Macao Visa‑free 20 Malaysia Visa‑free 21 Maldives Visa on arrival 22 Myanmar Visa on arrival 23 Nepal Visa on arrival 24 Oman Visa‑free 25 Pakistan E‑entry permit 26 Palestine Visa‑free 27 Philippines Visa‑free 28 Qatar Visa‑free 29 Saudi Arabia Visa on arrival 30 Singapore Visa‑free 31 South Korea Visa‑free 32 Sri Lanka E‑entry permit 33 Taiwan Visa‑free 34 Tajikistan Visa on arrival 35 Thailand Visa‑free 36 Timor‑Leste Visa on arrival 37 Turkey Visa‑free 38 UAE Visa‑free 39 Uzbekistan Visa‑free
Africa
No. Country Entry requirements 1 Botswana Visa‑free 2 Burkina Faso Visa on arrival 3 Cape Verde Visa on arrival 4 Comoros Visa on arrival 5 Egypt Visa on arrival 6 Eswatini Visa‑free 7 Ethiopia Visa on arrival 8 Gambia Visa‑free 9 Guinea‑Bissau Visa on arrival 10 Kenya Visa on arrival 11 Lesotho Visa‑free 12 Madagascar Visa on arrival 13 Malawi Visa on arrival 14 Mauritania Visa on arrival 15 Mauritius Visa‑free 16 Mayotte Visa‑free 17 Morocco Visa‑free 18 Mozambique Visa on arrival 19 Namibia Visa‑free 20 Reunion Visa‑free 21 Rwanda Visa on arrival 22 Saint Helena Island Visa on arrival 23 Senegal Visa‑free 24 Seychelles Visa on arrival 25 Sierra Leone Visa on arrival 26 Somalia Visa on arrival 27 South Africa Visa‑free 28 Tanzania Visa on arrival 29 Togo Visa on arrival 30 Tunisia Visa‑free 31 Uganda Visa on arrival 32 Zambia Visa on arrival 33 Zimbabwe Visa on arrival
Europe
No. Country Entry requirements 1 Albania Visa‑free 2 Andorra Visa‑free 3 Austria Visa‑free 4 Belarus Visa‑free 5 Belgium Visa‑free 6 Bosnia and Herzegovina Visa‑free 7 Bulgaria Visa‑free 8 Croatia Visa‑free 9 Cyprus Visa‑free 10 Czech Republic Visa‑free 11 Denmark Visa‑free 12 Estonia Visa‑free 13 Faroe Islands Visa‑free 14 Finland Visa‑free 15 France Visa‑free 16 Germany Visa‑free 17 Gibraltar Visa‑free 18 Greece Visa‑free 19 Greenland Visa‑free 20 Hungary Visa‑free 21 Iceland Visa‑free 22 Ireland Visa‑free 23 Italy Visa‑free 24 Kosovo Visa‑free 25 Latvia Visa‑free 26 Liechtenstein Visa‑free 27 Lithuania Visa‑free 28 Luxembourg Visa‑free 29 Malta Visa‑free 30 Moldova Visa‑free 31 Monaco Visa‑free 32 Montenegro Visa‑free 33 Netherlands Visa‑free 34 North Macedonia Visa‑free 35 Norway Visa‑free 36 Poland Visa‑free 37 Portugal Visa‑free 38 Romania Visa‑free 39 San Marino Visa‑free 40 Serbia Visa‑free 41 Slovakia Visa‑free 42 Slovenia Visa‑free 43 Spain Visa‑free 44 Sweden Visa‑free 45 Switzerland Visa‑free 46 Ukraine Visa‑free 47 United Kingdom Visa‑free 48 Vatican Visa‑free
Oceania
No. Country Entry requirements 1 American Samoa Visa‑free 2 Australia Visa‑free 3 Cook Islands Visa‑free 4 Fiji Visa‑free 5 French Polynesia Visa‑free 6 Guam Visa‑free 7 Kiribati Visa‑free 8 Marshall Islands Visa‑free 9 Micronesia Visa‑free 10 New Caledonia Visa‑free 11 Niue Visa‑free 12 Northern Mariana Islands Visa‑free 13 Palau Islands Visa on arrival 14 Papua New Guinea Visa‑free 15 Samoa Visa on arrival 16 Solomon Islands Visa‑free 17 Tonga Visa on arrival 18 Tuvalu Visa on arrival 19 Vanuatu Visa‑free
North America
No. Country Entry requirements 1 Anguilla Visa‑free 2 Antigua and Barbuda Visa‑free 3 Bahamas Visa‑free 4 Barbados Visa‑free 5 Belize Visa‑free 6 Bermuda Visa‑free 7 British Virgin Islands Visa‑free 8 Canada E‑entry permit 9 Cayman Islands Visa‑free 10 Costa Rica Visa‑free 11 Dominica Visa‑free 12 Dominican Republic Visa‑free 13 El Salvador Visa‑free 14 French West Indies Visa‑free 15 Grenada Visa‑free 16 Guatemala Visa‑free 17 Haiti Visa‑free 18 Honduras Visa‑free 19 Jamaica Visa‑free 20 Mexico Visa‑free 21 Montserrat Visa‑free 22 Nicaragua Visa‑free 23 Panama Visa‑free 24 Puerto Rico E‑entry permit 25 Saint Kitts and Nevis Visa‑free 26 Saint Lucia Visa‑free 27 Saint Vincent and the Grenadines Visa‑free 28 Sint Maarten Visa‑free 29 Trinidad and Tobago Visa on arrival 30 Turks and Caicos Visa‑free 31 USA E‑entry permit 32 United States Virgin Islands E‑entry permit
South America
No. Country Entry requirements 1 Argentina Visa‑free 2 Aruba Visa‑free 3 Bolivia Visa‑free 4 Brazil Visa‑free 5 Caribbean Netherlands Visa‑free 6 Chile Visa‑free 7 Colombia Visa‑free 8 Curacao Visa‑free 9 Ecuador Visa‑free 10 Falkland Islands Visa‑free 11 French Guiana Visa‑free 12 Guyana Visa‑free 13 Paraguay Visa on arrival 14 Peru Visa‑free 15 Uruguay Visa‑free 16 Venezuela Visa‑free
In which countries do investors get citizenship faster than New Zealand?
There are citizenship programs for investors only in some countries. Using them, you can get a passport in a period of one month or more. Second citizenship allows you to travel without visas, to equip a "safe haven" in another country, optimize taxes and open a company abroad.
Vanuatu is an island country in the Pacific Ocean, which is located three thousand kilometers north of New Zealand. Here citizenship can be obtained remotely within a period of one month.
The Vanuatu Investment Program is the fastest route to second passport and visa free travel. Investment amount is $ 130,000. Investors visit 135 countries without visas, including all countries in the Schengen area.
Caribbean countries also issue passports to investors. Citizenship programs operate in five countries:
- Grenada.
- Dominica.
- Antigua and Barbuda.
- Saint Lucia.
- Saint Kitts and Nevis.
The passport of a Caribbean country is obtained remotely within two months. For this, they invest from $ 100,000: this is the minimum investment amount in citizenship programs of Dominica, Antigua and Barbuda and Saint Lucia.
$ 100,000
minimum investment for obtaining a second citizenship
The application can include a husband or wife, children, parents, grandparents, brothers and sisters. No family member needs to take language or culture exams. In most cases, you do not need to visit the country either.
Investors with Caribbean passports travel to 140+ countries whilst optimizing taxation and opening companies abroad.
Malta offers investors the opportunity to obtain citizenship by naturalization for exceptional merit through direct investment.
The minimum investment amount is € 690,000. Applicants buy or rent real estate, donate to a government fund and make a charitable donation. The term for obtaining citizenship is one or three years in the status of a resident.
The opportunities of a Maltese passport are comparable to a New Zealand passport. Maltese citizens travel without a visa to 186 countries around the world, including those in the Schengen, the United Kingdom, the United States, Canada, Australia, Japan and Singapore. They can settle in Malta or another European country and open a company, find a job, get an education and use the medical services at discounted prices.
Frequently Asked Questions
How to get New Zealand citizenship by investment?
You cannot obtain New Zealand citizenship by direct investment. However, a passport can be obtained after five years of living in New Zealand with a residence permit. To obtain resident status, the investor participates in one of the programs for obtaining a residence permit in New Zealand.
How quickly can you get New Zealand citizenship?
Do I need to move to New Zealand to obtain citizenship of the country?
To obtain New Zealand citizenship, you need to spend a lot of time in the country. For five years, the investor needs to spend at least 240 days each year in New Zealand, or at least 1,350 days in total.
Will a child born in the country acquire New Zealand citizenship?
A child at birth receives New Zealand citizenship only if at least one of his parents has permanent residence status in New Zealand or citizenship of the country. For residents, childbirth and pregnancy in New Zealand will be inexpensive: the work of a midwife is paid by the state, tests are carried out free of charge, future parents pay 20‑30% of the cost for ultrasounds and vitamins for pregnant women.
How much do you need to invest to get official status in New Zealand?
Two investment residency programs operate in New Zealand. One invests from 3 million New Zealand dollars, and on the other, 10 million. Programs also differ in the requirements for the investor in terms of residence in the country and the timing of obtaining permanent residence.
What can you invest in to get a residence permit in New Zealand?
Investors have several options: participants in programs for obtaining a residence permit New Zealand invest in real estate, business, securities and also donate money to charitable foundations. Investing in real estate involves investing money in residential property, commercial construction or the purchase of commercial premises for starting a business. Business investment involves investing in the equity capital of a New Zealand company. Investing in securities is the purchase of shares or units of venture funds. Buying bonds is not considered an investment.
How To Get New Zealand Citizenship
Source: https://immigrantinvest.com/en/blog/how-an-investor-can-obtain-new-zealand-citizenship/
Posted by: saenzfany1994.blogspot.com
0 Response to "How To Get New Zealand Citizenship"
Post a Comment