Added
added the Parent Retirement Resident Visa. NZD 1 million for 4 years, NZD 500,000 settlement funds, and NZD 60,000 annual income (https://www.immigration.govt.nz/visas/parent-retirement-resident-visa).
Minimum investment
$562,000
3 investment options
Stay
—
Application fee
$7,222
Tax
Worldwide
NZ progressive tax (10.5-39%)
Path to staying
- Permanent residencyafter 4 years
- Citizenshipafter 5 years
- Permanent residency 4 years
- Citizenship 5 years
- Dual citizenship allowed
- Language required for citizenship basic conversation
Overview
- Country
- New Zealand
- Program
- New Zealand Parent Retirement Resident Visa
- Type
- Retirement
- Status
- Active
Resident visa for a parent of an adult New Zealand citizen or resident who lives in New Zealand. The parent invests NZD 1 million for 4 years, holds NZD 500,000 in settlement funds, and shows annual income of at least NZD 60,000.
Investment options
| Type | Tier / zone | Min amount | USD equivalent | Holding | Returnable | Required |
|---|---|---|---|---|---|---|
| Government bonds | Bonds | NZD 1,000,000 | $562,000 | 4 yr | Yes | Optional |
| Company capital | Equities | NZD 1,000,000 | $562,000 | 4 yr | Yes | Optional |
| Real estate | Residential development | NZD 1,000,000 | $562,000 | 4 yr | Yes | Optional |
Financial requirements
- Savings required
- $281,000
- Application fee
- $7,222
Eligibility
- Criminal record check required
- Health check required
- Health insurance not required
Work rights
- Employment allowed
- Self-employment allowed
- Own a business allowed
- Work permit included
Family and dependents
- Dependents allowed
- No
- Spouse included
- Yes
- Parents allowed
- No
Benefits and mobility
- Bank account can open
- Property purchase allowed
- Public healthcare access granted
Tax
- Tax regime
- Worldwide
- Regime name
- NZ progressive tax (10.5-39%)
- Foreign income taxed
- Yes
- Capital gains taxed
- No
How to apply
- Processing time
- Up to 330 days
- Apply from abroad
- Yes
Notes
The applicant must have no dependent children. A partner can be included, and income and funds can be combined with that partner. There is no published age or English test for the visa. Funds cannot be borrowed. After approval in principle there are 12 months to transfer and invest, and that deadline is not extended. Acceptable investments are bonds, equities, or a new residential development, held for 4 years. Travel is allowed for the first 2 years. A variation of conditions can cover the last 2 years if the early conditions are met. A Permanent Resident Visa follows 4 years of investment. The published cost is from NZD 12,850, about USD 7,222. Eighty percent of approvals in principle are decided within 11 months. This is not the Parent Resident Visa, which uses an expression-of-interest pool and a sponsor income test.
Also in New Zealand
New Zealand also offers a digital nomad visa for remote workers
Last verified Oct 9, 2026 Last changed Oct 10, 2026 Source