The additional funds above NZD $10 million must be nominated before the application is approved in principle and must then be placed in acceptable direct investments or managed funds under the Growth category.
Under both categories (Growth and Balanced), all investments must be completed within 6 months of the date of approval in principle. However, applicants may request a one-off 6-month extension if they can provide evidence they have tried and been unable to transfer and invest their funds.
There are no English language requirements to be met for these categories.
The investment visa categories discussed are complex and require significant financial commitments and compliance with detailed conditions. It is highly advisable to consult an experienced immigration advisor or lawyer. We can guide you through the process, ensure compliance with the requirements, and help manage the logistics and documentation involved. Professional expertise is crucial in navigating the multiple layers, such as accountants and legal counsel, required for processing an application. This will help save time, mitigate risks, and ensure your application is handled efficiently.