john jon, senior associate, queen city law bradley so, lawyer, queen city law june 2013 migrating to...
TRANSCRIPT
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