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Learn about the trends, requirements, and acceptable investments in the Investor Category for migrating to New Zealand. Presented by Queen City Law, an award-winning law firm specializing in construction and property.
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MIGRATING TO NEW ZEALAND: The Investor Category John Jon, Senior Associate, Queen City Law Bradley So, Lawyer, Queen City Law June 2013
Topics Introduction Trends in the Investor Category Investors Plus Category Investor 2 Category Comments and discussion OVERVIEW
INTRODUCTION • Who is Queen City Law • Award Winning Law Firm • Focus on Construction and Property • Acted for the development/acquisition of • more than 1500 apartments • Business Migration Specialist • Acted for high net worth individuals • Total value of investment around NZD $60m • in the last 6 months.
TRENDS IN THE INVESTOR CATEGORY • NUMBER OF INVESTORS • 2001 - 1088 • 2002 – 1087 • 2006 - 39 • 2012 – 167 • INVESTED FUNDS • 2001 - $1,132,000,000 • 2002 - $1,203,400,000 • Since 2009 – $646,000,000
Investor Plus Category • Requirements • Investment fund NZD $10 million • Invest in an acceptable investments • Residence Conditions • 3 years to maintain investment • 44 days in the 2nd and 3rd year • Processing Time • Priority • 5 days from lodgement
INVESTOR 2 CATEGORY • Basic Requirements • 65 years or younger • 3 years business experience • Investment fund of NZD $1.5 million • Settlement fund of NZD $1 million • English – 3.0 IELTS • Residence Conditions • 4 years to maintain investment • 146 days each year from the 2nd, 3rd, and 4th year • Processing time • 3 – 6 months
ACCEPTABLE INVESTMENT • Residential Property provided that it is a new development