There are two retirement visa policies with an aim to increase investment and stimulate the economy: Temporary Retirement and Parent Retirement.
The Parent Retirement Category allows Immigration New Zealand to prioritise high net worth individuals who are already seeking to migrate to New Zealand under the Family Category. Parent Retirement visa holders will be required to invest a minimum of $1 million in New Zealand over four years.
The Temporary Retirement Category creates a two year visa for people who want to spend some of their retirement in New Zealand, provided they invest here and indemnify the government against possible health and welfare costs. Temporary Retirees will need to invest $750,000 over the two year term of their visa. Temporary Retirees will be able to renew their visas as long as they continue to meet criteria including investment funds, income and health insurance.
This answer was last updated on 11 July, 2012.
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