New Zealand · Resident visa · Active Investor Plus

New Zealand Residence by Investment: the Active Investor Plus Visa

A New Zealand resident visa for the investor, their partner and children aged 24 and under: live, work and study in the country indefinitely. The Growth category starts at NZD 5 million for 3 years, Balanced at NZD 10 million for 5 years. Since 1 April 2025 there is no English test for the principal applicant; after the investment period, a Permanent Resident Visa.

Facts verified October 9, 2026 against official sources · Sources

Conditions in brief

Facts verified October 9, 2026 against official sources · Sources

Legal basis
Operational Manual, section BNrules in force since 1 April 2025: two categories, Growth and Balanced; the English requirement for the principal applicant was revoked
Investment
NZD 5m or NZD 10mGrowth: managed funds and direct investments accepted by Invest New Zealand, philanthropy up to 20%. Balanced: also listed equities, bonds and property development
Time in New Zealand
21 days or 105 daysacross the whole investment period: Growth — 21 days in 36 months; Balanced — 105 days in 60 months, minus 14 days for each extra NZD 1m in Growth assets, up to 42 days
Transfer of funds
6 monthsafter approval in principle; on request, up to 6 more months if you show reasonable steps
  • Active Investor Plus is New Zealand's resident visa for investors and their families. Since 1 April 2025 a new version of the rules applies (section BN of the Immigration New Zealand Operational Manual): two categories instead of the weighted system, and no English requirement for the principal applicant.
  • Growth: from NZD 5 million for 36 months in managed funds and direct investments accepted by Invest New Zealand, with philanthropy capped at 20%. Balanced: from NZD 10 million for 60 months, also allowing listed equities, bonds and property development.
  • Time in New Zealand over the whole investment period is 21 days for Growth and 105 days for Balanced; in Balanced it falls by 14 days for each extra NZD 1 million in Growth assets, by up to 42 days.
  • After approval in principle you have 6 months to transfer and invest the funds, with a possible extension of up to 6 more months. Per INZ statistics, 80% of applications are approved in principle within 11 weeks. The application fee starts at NZD 27,470.
  • After 3 years (Growth) or 5 years (Balanced) and meeting the conditions — a Permanent Resident Visa for the whole family. Citizenship comes after 5 years living as a resident: at least 240 days in each year and 1,350 days over 5 years.

What you get

Live, work and study

The resident visa lets you live in New Zealand indefinitely, work and study — for you, your partner and children aged 24 and under.

No English test

Since 1 April 2025 the English language section for the principal applicant has been revoked. What counts is capital and its origin, not an IELTS score.

Minimal time in the country

Growth requires 21 days in New Zealand over 3 years, Balanced 105 days over 5 years. You keep your life and business in India, the UAE or elsewhere.

A choice of strategy

Growth means a smaller amount and shorter term, but higher-risk illiquid assets. Balanced means more money for longer, with a wider choice: equities, bonds, property development.

A tax holiday on foreign income

New New Zealand tax residents may qualify for a 4-year temporary exemption on most types of foreign income (under Inland Revenue rules).

A path to permanent residence and citizenship

After the investment period — a Permanent Resident Visa with no travel limits. Citizenship after 5 years living in the country as a resident.

Official requirements

Facts verified October 9, 2026

Minimum amount
The principal applicant nominates funds or assets worth at least NZD 5 million for Growth or NZD 10 million for Balanced and, after approval in principle, transfers them into acceptable investments in New Zealand, in New Zealand dollars.
Acceptable Growth investments
Managed funds and direct investments in New Zealand companies that Invest New Zealand has accepted under the Appendix 15 criteria, plus philanthropy of no more than 20% of the total (up to NZD 1 million on NZD 5 million).
Acceptable Balanced investments
Everything allowed under Growth, plus listed equities of New Zealand companies, bonds (government, local authority, registered banks and companies rated BBB- or above) and property development: new residential, commercial and industrial projects or improvement of existing commercial and industrial property.
Not for personal use
Your own home, car, boat and other personal assets do not count as investments. Neither you nor your relatives may live in a residential development you invest in; house-and-land packages and off-the-plan purchases do not qualify.
Lawfully acquired funds
Shown through tax returns (for Indian residents, income tax returns), business financial statements, property and share sales, inheritance or a gift. A gift is accepted if it was unconditional and lawful, and the funds were originally earned lawfully.
Transfer through the banking system
Funds move directly from your account, from a joint account with family members in the application, or through a third party — a solicitor, a pension scheme or an investment account in your name. You transfer the nominated funds themselves or the proceeds from selling nominated assets.
Fit and proper person
All your businesses have complied with immigration, employment and tax law; no investigation by the Serious Fraud Office or New Zealand Police over business dealings, no convictions for dishonesty, no involvement in business fraud.
Health and character
A chest X-ray and a medical examination. Everyone aged 17 or older provides police certificates from their countries of citizenship and any country where they spent 12 months or more in the last 10 years; certificates must be less than 6 months old.

Government fees and timelines

Application feeFrom NZD 27,470
the exact amount depends on the country you apply from; see the Immigration New Zealand fee tool
Approval in principle80% within 11 weeks
INZ statistics at the check date, not a statutory timeline
Transfer and investment of funds6 months
from the approval-in-principle letter; extension of up to 6 more months, 12 in total
Investment reportsAt months 24 and 36 / 60
evidence and investor questionnaire within 3 months of each date
Removing section 49 conditionsFree
on request after the investment period ends
Parent Boost Visitor Visa for parentsFrom NZD 3,100
temporary multi-entry visa for up to 5 years; no pathway to residence

How the process works

  1. Assessment and choice of category1–2 days

    We review your capital, its origin, your family and the fit and proper requirements, then choose Growth or Balanced and a preliminary set of assets.

  2. File and applicationdepends on the documents

    We gather source-of-funds evidence, medicals, police certificates, family documents and the cover letter, and file the application online.

  3. Approval in principle80% within 11 weeks

    A business immigration specialist assesses the application. 80% of applications are approved in principle within 11 weeks — INZ statistics, not a statutory timeline. You may switch category once: while the application is being assessed or in the first 6 months after approval in principle.

  4. Transfer and investment6 months

    After approval in principle you have 6 months to transfer and invest, with up to 6 more on request. Meanwhile you can get a 12-month multiple-entry work visa, your partner a visitor visa and your children student visas.

  5. Resident visaafter investment is evidenced

    Once investments and contact details are confirmed, INZ grants resident visas subject to section 49 conditions. Family members must travel to New Zealand within 12 months of the visa being granted.

  6. Investment period and permanent residence3 or 5 years

    You hold the investments, spend the required days in New Zealand and submit reports at months 24 and 36 or 60. Then we lift the conditions and apply for the Permanent Resident Visa.

How people actually use it

The official conditions are set out above. Below is how we approach the programme in practice.

First, what the applicant actually has

We define whether the family has qualifying investment capital, an outstanding professional profile or both, and choose the country and programme around that, not the other way round.

Acceptable assets are checked before investing

INZ warns that the scheme does not cover every investment. A fund or company not accepted by Invest New Zealand does not count under Growth, and an asset that fails one category does not automatically qualify under the other.

Growth means illiquid assets and a long horizon

Venture funds and direct stakes are hard to sell, and the commitment often runs beyond the programme's three years. Build that into the family's plan before investing, not after.

Someone else's timeline is not a promise to you

A fast approval in one case is no basis for promising the same timeline to another family. We work from INZ statistics and the completeness of the file.

Andrey Boyko

New Zealand and Australia demand different strategies. New Zealand's Active Investor Plus provides the Growth category from NZ$5 million invested for three years and Balanced from NZ$10 million for five. The eligible assets, presence requirements and conditions for keeping the status must be verified before committing.

We start by defining what the applicant actually has: qualifying investment capital, an outstanding professional profile, or both. A fast approval in one case is no basis for promising the same timeline to another family — and both countries expect real engagement, not a passive purchase of status.

Andrey Boyko, Founder & Managing Partner · September 11, 2026

Growth or Balanced: which to choose

GrowthBalanced
Minimum amountNZD 5 millionNZD 10 million
Investment term36 months60 months
Acceptable investmentsManaged funds and direct investments accepted by Invest New Zealand, philanthropy up to 20%The same plus listed equities, bonds, property development and philanthropy
Time in New Zealand21 days over the period105 days over the period, minus 14 days for each extra NZD 1m in Growth assets, up to 42 days
Resident visa travel conditions4 years from your first day in New Zealand6 years from your first day in New Zealand
CheckpointsMonths 24 and 36Months 24 and 60
Permanent residenceAfter 36 months and lifting conditionsAfter 60 months and lifting conditions

Per the Operational Manual (BN7.1, BN9.1) and immigration.govt.nz as of 9 October 2026.

Who the programme is for

A programme for families with substantial capital who are ready to keep it in the New Zealand economy for several years.

Founders and business owners

Ready to put NZD 5 million into direct investments or venture funds accepted by Invest New Zealand and, if you wish, to help those companies grow.

Investors with a portfolio

Prefer a more conservative mix: the Balanced category allows listed equities, bonds and property development, but requires NZD 10 million for 5 years.

Families with children up to 24

Your partner and children aged 24 and under receive the same resident visa: school, university and work in New Zealand.

Indian and UAE-based entrepreneurs

No English test for the principal applicant since 1 April 2025, and as little as 21 days in New Zealand over the investment period — your business in India or the UAE keeps running.

Service packages

Our fee depends on the category and family composition. We send the quote in reply to your message.

Turnkey filing

Principal applicant

  • Free preliminary audit: capital, source of funds, fit and proper requirements
  • Choice of Growth or Balanced and of acceptable investments
  • Source-of-funds file and cover letter with a table of sources
  • Online application, responses to requests, approval in principle
  • Transfer of funds, evidence of investment and grant of the resident visa

Fees of licensed local lawyers and authorised agents are charged separately at their rates

Request a quote

Turnkey filing + family

Applicant with partner and children

  • Everything in the Turnkey filing package
  • Evidence of the relationship and at least 12 months of living together
  • Evidence of financial dependence for children aged 21–24
  • Medical examinations and police certificates for everyone aged 17+
  • Reports at months 24 and 36 or 60, lifting conditions and permanent residence

Fees of licensed local lawyers and authorised agents are charged separately at their rates

Request a quote

Residence for the whole family: who can be included

For Garant IN, family comes first. Your partner and children aged 24 and under are included in one Active Investor Plus application and receive the same resident visa. Below are Immigration New Zealand's conditions as of October 2026.

  • Spouse or partner

    Marriage or a de facto relationship: you must show the relationship is genuine and stable and that you have lived together for at least 12 months. Your partner receives the same resident visa with the right to live, work and study. While you transfer funds after approval in principle, your partner can come on a visitor visa.

  • Children up to 24

    Children aged 24 and under are included: up to 17 with no extra conditions, 18 to 24 with no children of their own, 21 to 24 if financially dependent on you, and all of them single. A child born after you apply can be added through a Dependent Child Resident Visa after approval in principle.

  • Parents

    Parents are not included in an Active Investor Plus application. There is a separate Parent Boost Visitor Visa: multiple entry for up to 5 years, fee from NZD 3,100, no pathway to residence. The sponsor is an adult child who is a New Zealand resident and who must spend at least 184 days a year in New Zealand — an important point for an investor with a 21-day presence requirement.

  • Amount for the family

    The investment threshold does not rise with family size: NZD 5 million in Growth or NZD 10 million in Balanced covers the whole application. Everyone needs a medical examination, and everyone aged 17 or older a police certificate. Family members must travel to New Zealand within 12 months of the visa being granted or reapply for residence.

The family applies together with the principal applicant; children born later are added through a separate visa. Garant IN's migration programme experts check each family member's documents against INZ criteria in advance, so that no individual application is refused. Data verified on 9 October 2026 against immigration.govt.nz.

Garant IN

What we do that others will not

The Active Investor Plus rules are public. The difference lies in choosing the category and assets that fit your family's capital, and in proving the source of funds so the case does not stall before approval in principle.

  1. The category that fits your capital and horizon

    We compare Growth and Balanced on amount, term, liquidity and time in the country, and check whether adding capital in Balanced to cut the days requirement makes sense.

  2. Assets checked before you invest

    The scheme does not cover every investment. We check that the fund or company is accepted by Invest New Zealand and will remain acceptable for the whole period.

  3. A source-of-funds file built for INZ

    We prepare the cover letter INZ expects: a table of sources, a document index, how the wealth was built and how the funds will be transferred.

  4. Remittance from India planned early

    Moving NZD 5–10 million out of India runs through the Liberalised Remittance Scheme (LRS) per family member, and we plan it alongside the 6-month transfer window rather than asking INZ for an extension.

  5. Support through the conditions

    We track your days in New Zealand, the reports at months 24 and 36 or 60 and the investor questionnaires, then handle lifting conditions and permanent residence.

Wording pending approval.

What this programme is and who it suits

Active Investor Plus is New Zealand’s resident visa for people ready to commit substantial capital to the country’s economy for several years. From 1 April 2025 the rules were rewritten: instead of a weighted investment system there are two clear categories — Growth from NZD 5 million for 3 years and Balanced from NZD 10 million for 5 years — and the English requirement for the principal applicant was revoked.

The government states the aim plainly: to attract foreign capital and experienced, active investors into sectors that matter to the economy. That is why Growth is geared towards venture funds and direct investment in New Zealand companies accepted by Invest New Zealand, while Balanced lets you build a more conservative portfolio of equities, bonds and property development.

The programme suits founders and families — including Indian business owners and UAE-based investors — with capital from NZD 5 million who want a resident visa for the whole family without language tests or an obligation to live in New Zealand full time. It does not suit those who want to put the money into their own home or get the capital back quickly: a personal residence does not count, and the funds must stay in the country for the whole investment period.

What comes next

Removing section 49 conditions

After the investment period the principal applicant sends a cover letter, passports for everyone in the application, evidence that the conditions were met (for example, a letter from an independent accountant or solicitor) and proof of residence address. There is no charge.

Permanent Resident Visa

Once conditions are lifted — a Permanent Resident Visa for you and the family in the original application: travel in and out of New Zealand indefinitely, as long as the visa is in a valid passport.

Citizenship after 5 years

You need 5 years living in New Zealand as a resident, at least 240 days in each 12-month period and 1,350 days over 5 years, with visa conditions met or cancelled. A Permanent Resident Visa is not required first. India does not allow dual citizenship, so this step means giving up the Indian passport.

Tax residence

You become a New Zealand tax resident after 183 days in the country in any 12-month period or if you have a permanent place of abode. New residents may qualify for a 4-year temporary exemption on most foreign income — we check the conditions in advance.

4 offices

Moscow, Dubai, New Delhi and Mumbai. Visit an office and see who is working with you.

Membership

  • Garant IN is a member of the Investment Migration Council (IMC), the Geneva-based international association of the investment migration industry. investmentmigration.org →

  • Garant IN is a member of CCI France Russie, the French Chamber of Commerce and Industry in Russia. ccifr.ru →

  • International migration consultancy since 2015.

Who files your application

Two levels of quality control: Garant IN's migration consulting and case management department runs a rigorous pre-application compliance screening (Pre-Due Diligence) and prepares the document package to 2026 requirements, while the application in New Zealand is prepared and filed together with New Zealand licensed immigration advisers (IAA) and lawyers. This is how we minimise the risk of refusal at the preparation stage, before the documents reach the government authority.

Frequently asked questions

Do I need to speak English?

Not as the principal applicant. Section BN5 on English language requirements for Active Investor Plus was revoked on 1 April 2025. Documents in other languages are filed with English translations.

Growth or Balanced — which should I choose?

Growth means a smaller amount and term (NZD 5 million for 3 years, 21 days in the country), but only funds and companies accepted by Invest New Zealand, usually illiquid. Balanced means NZD 10 million for 5 years and 105 days in the country, but you can hold equities, bonds and property development. The choice depends on the risk and horizon your family is comfortable with.

Can I buy a house and count it as the investment?

No. Your own home is personal use and is not an acceptable investment. The Balanced category allows residential property development, but only new projects of more than one dwelling, run for commercial return, and neither you nor your relatives may live there.

How much time must I spend in New Zealand?

Across the whole investment period: 21 days for Growth and 105 days for Balanced. In Balanced the requirement drops by 14 days for each extra NZD 1 million in Growth assets (excluding philanthropy), by up to 42 days — down to 63 days at NZD 13 million. The extra funds must be nominated before approval in principle.

What is approval in principle, and when do I transfer the money?

It is the decision that you meet the requirements. After it you have 6 months to transfer and invest the funds, and up to 6 more on request if you show reasonable attempts. Meanwhile you can get a 12-month multiple-entry work visa. The resident visa is granted once the investment is evidenced.

How do I move the funds from India?

INZ requires the transfer through the banking system — from your own account, a joint account with family members in the application, or via a solicitor, pension scheme or investment account in your name. From India, outward remittances run under the Liberalised Remittance Scheme (LRS), which sets an annual limit per person, so for NZD 5–10 million we plan the remittance per family member well before the 6-month window opens.

I already have investments in New Zealand. Will they count?

Yes, if they are acceptable under the programme rules: the investment period can then start from the date your application is approved. Gifted funds that are, or ever were, in New Zealand cannot be included in your nominated funds.

How much does the application cost and how long does it take?

The application fee starts at NZD 27,470; the exact amount depends on the country you apply from. Per Immigration New Zealand statistics, 80% of applications are approved in principle within 11 weeks. This is not a statutory timeline, and we will not promise a specific date.

What if I do not meet the conditions?

If at the end of the investment period the conditions are not met — investments not maintained, too few days in the country or reports not filed — you may have to leave New Zealand. That is why we keep a calendar of conditions with you for the whole period.

Can I switch category after applying?

Yes, once: from Balanced to Growth or the other way round, while the application is being assessed or in the first 6 months after approval in principle.

When can I get permanent residence and citizenship?

The Permanent Resident Visa after 36 months in Growth or 60 months in Balanced and lifting the conditions. Citizenship after 5 years living in New Zealand as a resident: at least 240 days in each year and 1,350 days over 5 years. With a 21-day programme requirement, citizenship means actually moving to New Zealand.

Can I include my parents or adult children in an Active Investor Plus application?

Children, yes — up to and including age 24: from 18 they must have no children of their own, from 21 they must be financially dependent on you, and all must be single. Parents cannot be included: they have the Parent Boost Visitor Visa for up to 5 years, with its own income or funds requirements and a sponsor who lives in New Zealand at least 184 days a year.

How does the investment amount change when applying with family to New Zealand?

It does not. The threshold — NZD 5 million in Growth or NZD 10 million in Balanced — is set for the principal applicant and covers the whole family in the application. Family members provide evidence of the relationship and of the children's dependence, medicals and police certificates from age 17.

Do you offer a refund if the application is refused?

Yes. If the application is refused through the fault of our team or an error in building the case, we refund the company's service fee less a minimal retention for costs actually incurred. Refund terms, the payment schedule and the rules on retaining service costs are fixed in the contract before work begins. Before we start, we check your documents and risk history free of charge and tell you about any risks in advance.

Personal cost estimate

An estimate for your family

Message us in the messenger you prefer and you will receive an estimate for your family and route. We never message first: you send the first message.

Our fee depends on the category and family composition. We send the quote in reply to your message.

Or leave a request

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Programme updates and case breakdowns in our channels.

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+971 54 237 1924

4 offices

Moscow, Dubai, New Delhi and Mumbai. Visit an office and see who is working with you.

Request a consultation