Hosted by CQ University in Sydney on 12th October, the launch of the Partnership between Migration Alliance and Conrad New Zealand, who has a solution for the NZ Investor2 Visa, was an overwhelming success.
Liana Allan, Migration Alliance, welcomed the attendees, including many who had traveled from interstate to hear about this new initiative.
Investor Visa Consultant, and founder of Expat Advisors Community network, Stacey Martin set the scene. Having led the Significant Investor Visa for a major bank, she explained that those from China, Hong Kong, Vietnam and India looking to move to Australia had seen a significant drop off in applications following the change to riskier complying investments.
Many may see New Zealand as a viable alternative with a similar lifestyle and quality education system. NZ has lower investment commitment of NZD 2.5M verses AUD 5.0M plus allows investment in residential real estate projects.
James Hall of ANZ Migration who is both an Australian registered migration agent and New Zealand licenced immigration advisor explained the program.
He also shared how helpful and responsive New Zealand Immigration (NZI) has been in his dealings which was welcomed by the agents in attendance. The Australian Department of Immigration (DIBP) seems overwhelmed with so many changes, particularly the impact of the 457 employment migration review.
Whilst around 25% of the agents in attendance already hold a NZ migration licence, other agents have the option of collaborating to serve their clients interested in this option. The application process steps are summarised here.
You can download the PowerPoint presentation by James Hall here.
These investor visas require and investment of NZD 10M for the Investor1 program and NZD 3M for Investor2. The later is reduced to NZD 2.5M where half is invested in growth assets.
Eligible investments include NZ bonds, property funds and shares held in a fund or directly. In addition the Conrad Property structure for off the plan property is an attractive solution for many, particularly as a home for the family and students at the end of the visa term.
Flyer comparing Australia and New Zealand Investor Migration can be downloaded here.
Conrad Property Solution
The Conrad team outlined the history of the business which has become the largest apartment developer similar to Mirvac and Meriton in Australia. They concentrate on Auckland which has seen the highest net migration and has experienced a shortage in accommodation.
An Investor 2 application can accommodate up to 3 off the plan apartments, chosen by the applicant. The funds are placed in trust in a bank deposit earning interest while the property is built, transferred on settlement and put on the rental market, before being transferred to the applicant after the four year visa is granted.
Dowload the Conrad presentation here.
Want to know more?
Contact firstname.lastname@example.org for an introduction to Migration Alliance, a New Zealand licensed immigration advisor or representative from Conrad to discuss your business needs and any client interest.
In the meantime, check out this Immigration New Zealand video.
Stacey Martin, Founder of Expat Advisors Community, and Investor Migration Consultant for Australia and New Zealand, can connect potential applicants and agents with appropriately licensed migration agents, legal, tax and financial advisors. Contact Us about our Concierge Service.