Retirement in New Zealand

Do you want to live in New Zealand during your retirement years?

There isn’t a single broad “retirement visa” path that can work for most people.

Our principal Immigration Adviser, Dr. Carsten Hallwass says:

"Identifying the right visa policy is not as straightforward as you might expect.
The practical options for your pathway to retirement in New Zealand depend heavily on your age, assets, and family ties.
We have successfully advised citizens from all over the world with realizing their retirement plans for New Zealand, and we will be more than happy to talk to you about a retirement strategy that can work for you."
New Zealand consistently ranks highly in key areas for quality of life:
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The only two visa categories formally dedicated to retirement in New Zealand are

  1. The Parent Retirement Category - only available if you have a child living in New Zealand-, and
  2. The Temporary Retirement Category - a visa that will allow you to live here for a limited time only.

The Parent Retirement Resident Visa

If you have a child who is a New Zealand citizen or resident living in New Zealand, and is willing to support your visa application, you might be able to obtain a resident visa under the Parent Retirement Policy.

The Parent Retirement Resident Category is a genuine residence policy. This visa will allow you to stay indefinitely.

The minimum requirements of the Parent Retirement Resident Visa Policy:

  1. You have an adult child who is a New Zealand citizen or resident living in New Zealand
  2. An investment of NZ$1,000,000 for 4 years,
  3. An additional amount of NZ$500,000 in so-called Settlement Funds
  4. An annual income of at least NZD $60,000
  5. Comprehensive health or travel insurance.

The Parent Retirement Resident Visa allows parents to:

The Temporary Retirement Visitor Visa

If you do not have a child living in New Zealand, the Temporary Retirement Visitor Visa might be an option for you.

To be eligible for a Temporary Retirement Visitor Visa, you must

The Temporary Retirement Visitor Visa allows you to:

If you hold a Temporary Retirement Visa, you need to apply for a further Temporary Retirement Visa after two years. The subsequent visa will be granted under the provision that you still meet policy provisions when the application is submitted.

The downside of this visa is that it will not give you peace of mind in the long run. The visa policy, your health or financial situation might change over the years, and you might then no longer be eligible for a visa.

Our Senior Licensed Immigration Adviser Dr. Carsten Hallwass points out:

"There is no guarantee that you will be able to remain in New Zealand indefinitely on a Temporary Retirement Visa.
An extended visitor visa under the Temporary Retirement Category can theoretically roll over in perpetuity: two years after two years after two years, but it is not future-proof.
On a positive note: These settlement funds can remain where they are. They don’t have to be moved to New Zealand. For example: A house in your home country can be nominated as settlement funds, but does not have to be sold for this purpose."

Are there any other visa policies that will allow you to retire to New Zealand?

Are you seeking the unique lifestyle New Zealand has to offer, but do not qualify for one of the two above dedicated Retirement Categories, because you do not have a child living in New Zealand, and a temporary visitor visa does not give you the desired peace of mind that you can stay in New Zealand for your retirement years?

The Active Investor Plus Visa  "The Golden Visa"

The Active Investor Plus Visa, also known as "The Golden Visa", offers two pathways to New Zealand, depending on the level of investment.

Growth category investors will have to invest a minimum amount of NZD $5 million over a 3-year investment term.

A minimum investment amount of NZD $10 million will be required for Balanced category investors over a 5-year investment term.

Carsten says:

"The Active Investor Plus Category (AIPC) is a genuine investor category. It can be used as retirement vehicle,  if you have funds between NZ$ 5 and 15 million available.

Read more about the Active Investor Plus Visa

The Business Investor Visa

The Business Investor Work Visa offers 2 options for investors. The required investement levels are considerably lower and both options lead to residence in New Zealand.

A 3-year work-to-residence pathway. This pathway requires a NZD $1 million investment in an existing business.

A 12-month fast-track to residence pathway. This pathway requires an investment of NZD $2 million in an existing business.

The Business Investor Visa might be an option for you if you can see yourself being involved in a business before you eventually retire fully.

Read more about the Business Investor Visa

Please note that there are further visa policies that are tailored to parents of New Zealand residents or citizens:

Principal Immigration Adviser Dr.C Hallwass

Talk to our principal Immigration Adviser
Dr. Carsten Hallwass  

Carsten has over 30 years of experience advising professionals and investors with their immigration plans for New Zealand.

We invite you to request a confidential consultation with Carsten to ensure your relocation to New Zealand will be successful. Email Carsten

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