The various stages of New Zealand Investor 2 Resident Visa

New Zealand Investor 2 Resident Visa can be chosen by overseas immigrants who possess at least 3 million NZ Dollars of funds or assets. Prior to applying for the Investor 2 Resident Visa, the applicants must first send an EOI to New Zealand Immigration. This must explain regarding their settlement funds, investment and business experience. The duration of the Investor 2 Resident Visa is for an indefinite period. The age limit is 65 years, as quoted by the Immigration Govt NZ.  400 visas are offered annually. This visa authorizes the successful immigrants to reside, study and work in New Zealand. They can also include their dependent children below 24 years and partner in the visa application. New Zealand Investor 2 Resident Visa assesses the eligibility of applicants on a system based on points. The stages of application process for New Zealand Investor 2 Resident Visa are: Stage 1 - Expression of Interest Interested applicants must send an EOI form along with application fee. Stage 2 - Invitation to apply for residence Successful EOIs that receive the invitation to apply will have 120 days to send the application and supporting documents. Stage 3 –Transfer of funds to New Zealand Applications approved in principle will have one year to transfer funds to New Zealand and devote funds in an investment that is acceptable. Stage 4 – Granting of Residence visa Investors who receive the investor visa will be assessed for satisfying necessary conditions of the visa such as spending time in New Zealand and keeping investment funds intact. At the end of the 4-year investment term, investors who meet all the conditions will be eligible for the New Zealand Permanent Resident visa. If you are looking to Study, Work, Visit, Invest or Migrate to New Zealand, contact Y-Axis, the world’s most trusted Immigration & Visa Consultant.