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The Parent Retirement Visa lets the parents of New Zealand citizens and residents permanently live in New Zealand.
Parent Retirement Visa holders can:
To apply for a Parent Retirement Visa, candidates must:
Parent Retirement Visa applicants must invest NZD1 million in New Zealand that meets the following requirements:
Parent Retirement Visa applicants must have NZD500,000 available to live on in New Zealand. This amount is on top of the investment funds and annual income.
Immigration New Zealand accepts the following and any other eligible sources as proof of the settlements funds:
Parent Retirement Visa applicants must have an annual income of NZD60,000 or more. This income can be from the visa applicant alone or with a partner they include in the application.
Immigration New Zealand accepts the following as proof of this income:
Parent Retirement Visa holders can include their partners in their visa applications. The partner must meet the character and health requirements of the Parent Retirement Visa, and the couple must submit proof of their relationship.
Migrants 65 years or older can move to New Zealand through one of the following visa pathways:
To retire to New Zealand using the Parent Retirement Visa, the applicant must have NZD1 million to invest in New Zealand. On top of that, the applicant must have NZD500,000 available to live on and an annual income of at least NZD60,000.
Migrants over 66 can also apply for a Temporary Retirement Visitor Visa. This visa lets successful applicants live in New Zealand for up to two years. Applicants must have NZD750,000 to invest in New Zealand and NZD500,000 for settlement funds, and an annual income of NZD60,000 or more.
The parents of New Zealand citizens or permanent residents can apply for a Parent Retirement Visa or a Parent Resident Visa to live in New Zealand permanently.
For the Parent Retirement Visa, the parents must have NZD1 million to invest in New Zealand for four years as well as NZD500,000 to live on and an annual income of NZD60,000 or more.
However, to apply for a Parent Resident Visa, the adult child and their partner, if applicable, must sponsor the parent and earn enough as per the Parent Resident Visa’s requirements.
+49 (0) 40 896 987 13
+49 (0) 40 896 987 13
Cape Town, South Africa
199 Loop Street
+27 (0) 21 202 8200
Licenses: Our advisors are licensed to give immigration advice for Australia and New Zealand: Our MARA numbers are 1467325 and 1807854. Our IAA numbers are 201400975, 201600505, and 202300649. Our LIAA number is 220104. Katrin Maja O'Flynn and Maike Versfeld are also authorized under §1 AuswSG in Germany.
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