The full amount of NZD$2 million must be transferred to the New Zealand Government and held for a period of 5 years. After a period of 2 years, the applicant may withdraw up to half of the funds for investment in a government-approved investment. These invested funds cannot be used for personal use. If all the requirements are met, applicants will initially be granted a residence visa with conditions attached to it. After a period of five years, subject to you meeting the conditions of the investment funds retained in an acceptable investment for 5 years, you and your family have made New Zealand your main home and agreeing to participate in evaluation and monitoring programme, the condition on your residence permit will be lifted. The major advantage of this class is that there is no requirement to actively own and operate a business in New Zealand.
All applicants are required to satisfy English language requirements, health, character, police and credibility checks, and a range of other criteria.