This category consists out of a Temporary Retirement and Parent Retirement stream. It allows Immigration New Zealand to prioritise high net worth individuals who are already seeking to migrate to New Zealand under the Family Category. The Temporary Retirement Category creates a two year permit for people who want to spend some of their retirement in New Zealand, provided they invest here and indemnify the government against possible health and welfare costs.
Parent Retirement visa holders will be required to invest a minimum of million in New Zealand over four years, whereas Temporary Retirees will need to invest 0,000 over the two year term of their permit. Temporary Retirees will be able to renew their permits as long as they continue to meet criteria including investment funds, income and health insurance.
For further information, please contact us.