- New Zealand eased requirements for its Active Investor Plus Visa Program, making it simpler for wealthy individuals to gain residency.
- The updated program removes the English-language requirement and reduces the minimum required stay.
- While the visa contributes towards citizenship, it requires additional time spent in New Zealand.
investments need to be made within six months, according to the official website. The Growth Category, or a minimum 5 million NZD (about $2.87 million) investment over a three-year period in managed funds and direct business investments, plus a 21-day stay.
The Balanced Category, or a minimum investment of 10 million NZD (about $5.74 million) over five years in a diverse range of investments, like philanthropy and bonds, as well as spending 105 days in the country. Additional investments for the latter will also shorten the required time in New Zealand.
The visa is not the same as citizenship, but it counts towards the five years needed to earn citizenship. You’d also need to be present in the country for 240 days each year.