Growth category requirements
- Invest NZD 5,000,000
- Over three years
- Spend 21 days in New Zealand in total during that time
- No English requirement
Qualifying investments
The Growth category targets higher-risk investments, such as:
- Qualifying funds accepted by New Zealand’s investment authorities
- Direct investment in New Zealand businesses
Your own home and ordinary residential property do not count.
Compared with the Balanced category
| Growth | Balanced | |
|---|---|---|
| Investment | NZD 5,000,000 | NZD 10,000,000 |
| Period | Three years | Five years |
| Stay requirement | 21 days | 105 days |
| Risk | Higher | Can be more diversified |
Five things to check when choosing
- Already accepted as qualifying, not just "expected to qualify".
- Manager track record: past fund performance and completed exits.
- Exit terms: a clear redemption or exit at the end of the period.
- Fees: management and performance fees set out in writing.
- Diversification: spread across several businesses or funds.
The process
- Assess your background and source of funds
- Choose qualifying investments and apply
- Complete the investment on time after approval
- Maintain the investment and complete your days in New Zealand
Risk warning
Growth investments carry higher risk; past performance is not a guide to future returns. Plan them with your wealth management team as part of your overall allocation.
