Upload
owen-thompson
View
219
Download
3
Embed Size (px)
Citation preview
John Jon, Senior Associate, Queen City Law
Bradley So, Lawyer, Queen City Law
June 2013
MIGRATING TO NEW ZEALAND: The Investor Category
Topics
• Introduction
• Trends in the Investor Category
• Investors Plus Category
• Investor 2 Category
• Comments and discussion
OVERVIEW
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.
INTRODUCTION
TRENDS IN THE INVESTOR CATEGORY
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
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 Plus Category
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