Migrating to New Zealand

MIGRATING TO NEW ZEALAND: The Investor Category

John Jon, Senior Associate, Queen City Law Bradley So, Lawyer, Queen City Law June 2013

OVERVIEW Topics

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Introduction

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Trends in the Investor Category

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Investors Plus Category

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Investor 2 Category

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Comments and discussion

INTRODUCTION

Who is Queen City Law •

Award Winning Law Firm

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Focus on Construction and Property •

Acted for the development/acquisition of

more than 1500 apartments

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Business Migration Specialist • Acted for high net worth individuals • Total value of investment around NZD $60m in the last 6 months.

TRENDS IN THE INVESTOR CATEGORY

TRENDS IN THE INVESTOR CATEGORY

NUMBER OF INVESTORS •

2001 - 1088

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2002 – 1087

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2006 - 39

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2012 – 167

INVESTED FUNDS •

2001 - $1,132,000,000

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2002 - $1,203,400,000

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Since 2009 – $646,000,000

Investor Plus Category

Requirements •

Investment fund NZD $10 million

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Invest in an acceptable investments

Residence Conditions •

3 years to maintain investment

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44 days in the 2nd and 3rd year

Processing Time •

Priority

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5 days from lodgement

INVESTOR 2 CATEGORY Basic Requirements •

65 years or younger

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3 years business experience

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Investment fund of NZD $1.5 million

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Settlement fund of NZD $1 million

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English – 3.0 IELTS

Residence Conditions •

4 years to maintain investment

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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