BK9.10 Residence visas or permits subject to requirements... (26/11/2007)

BK9.10 Residence visas or permits subject to requirements under section 18A of the Immigration Act

Immigration Act 1987 s 18A (1)

1. Under the Active Investor Migrant Policy, a residence visa or permit and returning resident's visa is issued or granted to a principal applicant and accompanying partner and dependent children is subject to the following requirements imposed under section 18A of the Immigration Act 1987:
   1. that the principal applicant retains an acceptable investment in New Zealand for a minimum of four years and spends a minimum period of time in New Zealand during the four year investment period; and
   2. that the principal applicant informs the nearest branch of INZ of any changes of New Zealand address during the four-year investment period; and
   3. at the two-year anniversary of the investment period, the principal applicant submits evidence that they:
      • are retaining an acceptable investment in New Zealand; and
      • meeting minimum period of time in New Zealand requirements; and
   4. that within 3 months after the expiry date of the four-year investment period, the principal applicant submit evidence to INZ that they are meeting requirement (a)(i) above.
2. The residence visas and permits of any accompanying partner and dependent children will be subject to the requirements that the principal applicant comply with the requirements of their visa and permit.

Effective 26/11/2007