Temporary Retirement Visitor Visa

Comprehensive guide on New Zealand Temporary Retirement Visitor Visa,  eligibility, required documents, application process, and beyond.

Are you contemplating a retirement getaway in New Zealand after turning 66? The Temporary Retirement Visitor Visa could facilitate your peaceful retreat, enabling you to invest, reside, and discover this beautiful nation. This guide offers detailed insights into acquiring the New Zealand Temporary Retirement Visitor Visa, covering eligibility criteria, necessary paperwork, application procedures, and more.

The Temporary Retirement Visitor Visa is a visa category in New Zealand that allows individuals aged 66 years or older to stay in the country for up to two years. To be eligible for this visa, you must have at least NZD $750,000 to invest in New Zealand, and you must have at least NZD $500,000 for living expenses. You must also have an annual income of at least NZD $60,000. After two years, you may be eligible for a Permanent Resident Visa if you have kept the investment for two years, spent significant time in the country, and are committed to living in New Zealand. The visa allows you to bring your partner to live with you in New Zealand, and you can travel in and out of the country whenever you like within the two-year period. You must have acceptable healthcare and/or health insurance while in New Zealand, and you cannot work on this visa. You must also provide proof of your identity, including your passport or certificate of identity, and two photos of your head and shoulders.

Age, Health, and Character

To embark on this retirement venture, one must be at least 66 years old, in good health, and possess good character. These fundamental eligibility criteria set the foundation for a successful application.

Genuine Intentions to Travel

Proving genuine intentions to travel to New Zealand is paramount. The visa is tailored for individuals seeking to invest and relish their retirement years in this picturesque nation.

Financial Requirements

Financial capacity plays a pivotal role. Prospective retirees must have a minimum investment of NZ $750,000, transferable to New Zealand, along with NZ $500,000 for living expenses. An annual income of at least NZ $60,000 adds another layer to the financial prerequisites.

Required Documents

Proof of Identity and Age

Start by presenting your passport or certificate of identity, demonstrating your age through your full birth certificate or an identity card.

Health Assurance: Medical Certificate

Ensuring good health is crucial, and depending on your planned duration of stay, a medical certificate may be required. It’s imperative to complete the required medical certificates in English.

Character Validation: Police Certificate

Prove your good character by providing a police certificate, a testament to your clean record and adherence to the law.

Financial Documentation

Demonstrate your financial prowess through a meticulous presentation of investment funds. This includes evidence of at least NZ $750,000 for investment, NZ $500,000 for living expenses, and an annual income of NZ $60,000.

Relationship Affirmation

If you plan to bring your partner along, substantiate your genuine relationship with marriage and birth certificates. Provide evidence of your partner’s identity, good character, and good health.

Investment Confirmation

Ensure your investment aligns with New Zealand’s criteria. Acceptable investments include bonds, equities, or property, each with specific conditions aimed at benefiting New Zealand’s economy.

Need help navigating visa applications? Discover how you can get the assistance you need.

Navigating the Application Process

Application Form: Your Initial Step

Initiate the process by accurately completing the Temporary Retirement Visa Application form. Precision is key, so ensure no details are overlooked.

Financial Transaction: Paying the Application Fee

Facilitate a smooth application by paying the required fee, either with a credit card or debit card. Adequate funds on the submission day are imperative.

Document Submission: A Thorough Dispatch

Submit your meticulously filled application form along with the necessary documents to Immigration New Zealand. Refer to the postal or courier addresses provided in the application form.

Investment Transition: Making It Count

Upon receiving the application approval in principle, proceed to transfer your funds to New Zealand within three months. Telegraphic transfer documents serve as proof of the transaction’s legitimacy.

Border Protocol: Entry Permission

Upon securing the visa, comply with entry protocols at the New Zealand border. Complete the arrival card, present your passport, return ticket, and the completed Passenger arrival card.

Flexibility and Constraints

Enjoy the flexibility of entering and leaving New Zealand for 24 months at your convenience. However, adhere to visa conditions, maintaining a minimum NZ $750,000 investment for 24 months, ensuring acceptable healthcare, and refraining from employment.

Processing Times and Financial Commitments

Processing Time frames

Anticipate a processing period of around 42 days for the Temporary Retirement Visitor Visa. Variances may occur based on the volume of applications received by Immigration New Zealand.

How long can you stay in New Zealand with a Temporary Retirement Visitor Visa

With a Temporary Retirement Visitor Visa in New Zealand, you can stay in the country for up to two years. This visa allows you the flexibility to enter and leave New Zealand as you wish within this two-year period. However, it’s important to note that this visa does not permit you to work in New Zealand. Additionally, you can study in New Zealand for up to three months within a 12-month period under this visa. You are also allowed to bring your partner with you, but dependent children are not eligible to accompany you on this visa.

Financial Investment

Be mindful of the financial commitments, with an application fee of $3,790. Some countries may be exempt, so verify your status on the New Zealand Immigration page.

FAQs: Clarifying Common Queries

Employment Opportunities

The Retirement Visitor Visa prohibits employment activities in New Zealand. For those aspiring to work, a separate work visa is necessary.

Educational Pursuits

While the visa permits studying for three months within a 12-month period, those seeking longer academic engagements should explore the New Zealand student visa option.

Family Inclusion

Bringing your partner is feasible, provided the relationship is legally recognized through marriage, civil union, or de facto partnership. Dependent children, however, are not eligible under this visa.

Embracing Your Retirement Journey

As you navigate the intricacies of the Temporary Retirement Visitor Visa, envision a future filled with the serenity of New Zealand. From meticulous documentation to financial transactions, this guide equips you to embark on a retirement journey like no other. Your adventure awaits—seize it with the Temporary Retirement Visitor Visa. Safe travels!