Demand For Residence By Investor Category Drives Up Investment Requirement
Demand for New Zealand residence in this category has been escalating. The category has become oversubscribed. There is no plan for the New Zealand Government to increase the number of residence visas issued under this category from the existing limit of 300. The downstream impact is that mature applicants in the 50 year plus age bracket will need to consider investing well in excess of $3 million to be invited by the New Zealand Government to make an application for residence or permanent residence.
Processing times and current workloads indicate about 2 years of work within Business Migration Branch of Immigration New Zealand.
With an 11 month wait for the visa application to be assessed by an immigration officer people need to plan carefully – a reduction in the value of their investment funds during this long wait could be disastrous for your permanent residence application.
“I have struggled with different legal firms over the years, but over the past few years I have engaged with Turner Hopkins with various requirements from personal relating to wills, family trust, property settlements and contracts through to commercial engagements including employment advice, commercial lease agreements and general legal advice. I have engaged with a number of the people in the firm and always found them professional, punctual in their responses and very sound in the advice provided.”
“I can't speak highly enough of Jenny. She got everything done in a timely manner and when my ex-husband threw a spanner in the works at the eleventh hour she got the required documentation to his lawyers and settlement back on track.”
“I have used Turner Hopkins for my legal services for over eight years. I have always found their level of service excellent and their work to a very high standard. I have used various lawyers at their firm for various businesses I have been involved with and have always had very positive experiences. I would highly recommend them.”
“To Michael Robinson – I wanted to thank you and your colleagues for many years of excellent service to the Bank. You have an outstanding business that has proved to be one of the most reliable and ethical businesses that Collections have dealt with in the almost 9 years I was with the Bank.”
“Joy, we cannot thank you enough for your help with our purchase! You have been wonderful to deal with and so proactive (and patient with my numerous emails). We will be visiting NZ in April so will make sure we drop in to thank you in person.”