This article is reproduced from: China News Network
Chinanews.com, July 20. According to a comprehensive compilation report by New Zealand’s Tianwei.com, on July 20, the Minister of Economy and Regional Development and the Minister of Immigration of New Zealand Jointly released a new policy on investment immigration.
Policy Points:
·Create a new Active Investor+ category to attract high-value investors.
·The new visa will replace the existing Tier 1 and Tier 2 visa categories.
Eligibility criteria include a minimum investment of NZ$5 million, a 50% investment cap in listed shares and excluding securities and real estate to encourage greater economic benefits to New Zealand companies.
·The visa category will open on September 19, 2022.
Amendments to New Zealand’s investment visa policy, as part of the government’s immigration rebalancing strategy, will be used to attract experienced, high-value investors to bring them to the local industry, the ministers said. growth opportunities.
New Zealand’s Minister for Economy and Regional Development said, “We in New Zealand have so many amazing businesses that have built a reputation in the global marketplace. Our government aims to support these businesses and make them more successful , and upgrading our investor visa policy is a key to attracting high-value investors.”
“This is part of our immigration rebalancing strategy. This strategy is designed to attract high-skilled immigrants, Consistent with our goal of creating a more productive, competitive and sustainable economy. The new visa policy will attract dynamic high-value migrants who will bring their expertise to help New Zealand businesses grow, thereby increasing local employment, Direct benefits to the economy,” he said. “The new Active Investor+ category will replace the original investor visa category. While the original investor visa category attracted huge sums of over NZ$12 billion, it was often passive investments in stocks and securities. , rather than investing directly in New Zealand corporate businesses, which means missing out on active investors who can deliver more real returns to our economy over the long term.”
“We want to encourage active investment in New Zealand. Investment, which will create more high-skilled jobs and economic growth than passive investment. The new visa categories will also maximize the skills, experience and networks of immigrants. They will bring connections to international networks and markets “In general, the visa changes are a win-win for New Zealanders and investment immigrants. Investors have the opportunity to invest in potential companies that can invest globally. Smart and innovative New Zealand businesses that succeed in the market, and New Zealand businesses have access to valuable skills, connections and capital. This will make New Zealand more competitive in the international market and take New Zealand business to new heights.”< /p>
“The new visa category will help attract investors who plan to stay in New Zealand long term and bring their skills and experience, ultimately increasing New Zealand’s productivity and competitiveness, supporting our move to high income and productive Sexual economic transition,” the Immigration Minister said.
“Among other requirements, applicants who make an acceptable, direct investment in order to obtain the new visa will have their minimum investment changed to NZ$5 million. At the same time, these investors are also Obtaining the highest weight will allow investors to enjoy the investment conditions of the lower NZ$15 million investment required for indirect investment.”
“Investors can invest within three years and will The investment is maintained until the end of the fourth year, which reflects the flexibility of the new visa. During the four-year investment period, the investor will be required to stay in New Zealand for a minimum of 117 days, which is about one month per year. The 88 days of the category have increased, mainly to ensure that investors are actively engaging with local companies to help them grow.”
“Investors come to New Zealand and can enjoy greater participation in the businesses they invest in (operations) ), share their expertise and connections. In addition, being in New Zealand in person increases the likelihood that investors will further invest aggressively. These changes are in line with similar investment immigration conditions in Australia,” the Immigration Minister said.
The new Active Investor+ visa will open on September 19, 2022. After 27 July 2022, Immigration New Zealand will no longer accept applications for Investor Category 1 and Investor Category 2 visas. Relevant applications currently being processed will continue to be processed by Immigration New Zealand.
Visa key points:
·Direct investment is incentivized through a weighting system, so that direct investors can get 3 times the weight for every New Zealand dollar invested.
The minimum investment threshold is NZ$15 million or its weighted equivalent (thus, applicants wishing to make an acceptable, direct investment will have a minimum investment threshold of NZ$5 million); for indirect investments Lower weights, such as private equity or venture capital funds (2x), and listed stocks and philanthropy (1x).
· Increases investment flexibility by allowing investors to invest over a three-year investment horizon (and maintain their investments until the end of the fourth year).
·Investors are required to stay in New Zealand for at least 117 days during the four-year investment period.
·Limit the scope of passive investments, limit listed stocks to 50% of the total investment quota, and do not allow bonds and real estate to be eligible asset classes.
·The conditions and criteria for the corresponding investment category will be confirmed by the Immigration Service shortly.