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What incentives are there for investors if they put their money in less populated South Islands as opposed to North Islands in New Zealand?

I'm trying to understand if foreign investors are given any incentives to launch investment projects or buy property in less developed/low populated areas like the way we see in other countries. What opportunities are there for investors looking to get maximum incentives from the government?


Answers
  • Education Overseas Academy
    September 16, 2021

    Foreign investors are given incentives for making growth investments anywhere in New Zealand. Growth investments are acceptable investments,except for bonds, and philanthropic investments. For Investor 1 category, if you invest a minimum of 2.5 million New Zealand dollars in growth investments, you need to spend only 88 days in New Zealand over the three-year investment period. For Investor 2 category, if you invest a minimum of $750,000 New Zealand dollars in growth investments, you need to spend only 438 days in New Zealand over four years from when you first arrived in New Zealand as a resident and you may also qualify for 20 bonus points. If you invest a minimum of $1.5 million New Zealand dollars in growth investments for Investor 2 category, you will qualify for a reduction of $0.5 million New Zealand dollars from your nominated funds of $3 million New Zealand dollars for investment.

  • Global Immigration Services NZ
    September 15, 2021

    I am not aware of any such incentives.

  • September 20, 2021

    Bonus points are awarded for growth investments, but to my knowledge there is no distinction between investments made in the North or the South Island.