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