You will need to lodge your residency application (after you've received an invitation to apply based on your expression of interest) before you turn 66. I'm not aware of any exceptions.
Does my age preclude me from becoming a New Zealand immigrant investor?
I want to apply for the country’s $3-million immigrant investor option, but I’ve read applicants need to be under 65. I am 65 now, and by the time I invest I might have turned 66. Am I ineligible from using this option because of my age? Are any exceptions made about age, if applicants fulfill the other requirements?
The investor 2 visa, which requires an investment of $3 million New Zealand dollars (note that this can be reduced to $2.5 million) requires the applicant to be 65 years or under. This age is measured at the time of visa application. You are not required to make the investment at this time. The investment can be made after you have received the approval in principle (AIP, which is likely to be around four to eight months currently after the visa application) and you will normally have 12 months from the AIP to make the investment. Obviously, you should start the process ASAP, as you will need to submit the expression of interest (EOI) and receive the invitation to apply (ITA) for the visa before you can make the application which is your age deadline.
Yes. Unfortunately, principal applicants under the investor 2 category must be 65 years or younger at the time of application (BJ5.25). If you have sufficient funds, you can consider the investor 1 category, which requires $10 million investment in New Zealand. As long as you meet the health and character requirement, there is no age limit. Alternatively, you may consider the entrepreneur residence visa category if you have relevant self-employment experience or senior management experience. The other alternative you may consider would be parent retirement category, which requires your child to become a resident first.
The policy is very clear, as it requires applicants to be 65 or younger at the time of application. Therefore, if you apply while you are still 65 and meet all the other requirements, then you will be fine in terms of age. However, please note that this is application and not the expression of interest stage. In terms of exceptions, they are possible, but under New Zealand policy only the minister, or appropriately delegated people, can make exceptions to instructions.