Status of the New Zealand Investment Immigration Program
In the last fiscal year, as of March 31, the New Zealand government received a total of 75 TIER1 applications, 60 were approved, 15 were rejected, and NZ$600 million was raised, a year-on-year increase of 33%. There were 195 TIER2 applications, of which 127 were approved and 68 rejected, bringing in $381 million to the New Zealand government, a decrease of $298 million from last year.
Comprehensive data can be found that in the past 9 months, these two investment immigration programs have brought a total of 981 million New Zealand dollars to the New Zealand government, an average of 3.86 million New Zealand dollars per day.
Looking at the overall data after the establishment of the investment immigration program in 2009, an average of 34% of investment immigration applicants were rejected, which means that the New Zealand government rejected foreign investment worth 170 million New Zealand dollars. Among the rejected, the largest group came from nationalities of South Africa, Malaysia and Russia, but the rejection rate for Chinese investors was also as high as 35%.
Reasons for refusal of New Zealand investment immigration visa
- Material problems
There are also some applicants for investment immigration that were directly refused visas because the immigration bureau found forged materials. For example, in the 2015-16 fiscal year, 40% of the 155 applications for Chinese investment immigration were suspected of forging material certificates.
The decline of TIER2 is also due to the tightening of policies. Since 2017, Immigration New Zealand announced that the investment quota of TIER2 will be increased from NZD 1.5 million to NZD 3 million, which has caused many investors to be greedy but powerless. - Business experience
For TIER1 applicants, having more than 3 years of business experience proves that there are often insufficient evidence and face refusal.
According to the regulations of the New Zealand Immigration Service, business experience includes operating its own company, requiring the applicant to account for more than 25% of the company’s shares; senior management experience requires the applicant to have the right to formulate operational strategies, organize personnel structures, and change senior management personnel. . Therefore, when some applicants are only ordinary department leaders or middle-level cadres, it does not belong to the requirement of having advanced experience.
In addition, there are applicants whose qualifications meet the conditions, but the supporting materials are not sufficient and they are rejected, such as employment contracts, commercial lease contracts, and meeting minutes. - Legal explanation of the source of funds
Another point for investment immigration is to prove the legitimacy of your source. Because the source of funds involved is too large, under the current domestic regulations and social environment, it is difficult for many investors.
In addition to investment immigration, immigration to New Zealand can also be done in the following ways:
For applicants who are unable to apply for skilled immigration due to insufficient scores, the New Zealand Talent Immigration Program is now launched, where they study in New Zealand for 1-3 years and then transfer to a work permit after graduation.
New Zealand allows tourist visas to be transferred to student visas, which reduces the preparation and approval period for students studying abroad, and the visa approval rate is over 95%. The New Zealand school application only needs to provide the translation of the graduation certificate, no other official certification of academic qualifications is required, and the operation has advantages.
New Zealand is the only country in the world with a permanent return visa. The visa never expires and does not need to be renewed. Recognizing dual nationality, you can travel freely between your hometown and New Zealand.
New Zealand Entrepreneur Entrepreneurship Immigration
New Zealand is one of the easiest countries in the world to start a business. There are two main types of New Zealand Entrepreneur Immigration Visa: New Zealand Entrepreneur Work Visa and New Zealand Entrepreneur Residence Visa. After running a business for two years, you can apply for a New Zealand entrepreneur residence visa and successfully immigrate to New Zealand.
By establishing a business and making a certain contribution to the New Zealand economy (export; taxation; employment) to obtain New Zealand residency, after meeting certain conditions (residence), you can apply for permanent residency (unique to New Zealand).
The application threshold is low, applicants only need 2 years of business experience, and English only needs IELTS 4 points. The application period is short, with an average application period of about 6-10 months.
From the above content, it can be seen that the reason for a large number of visa refusals is due to the suspected forgery of the information and the lack of understanding of the New Zealand investment immigration project. Therefore, everyone must choose experienced and regular immigrants when choosing an immigration company. company!
