What is the New Investor Test and how does it apply to foreign investors in New Zealand?

I'm an investor based in the U.S. and I'm looking for residency/investment opportunities in New Zealand. I've heard that foreign investors now have to meet a new investor test. How does someone like me qualify for it?

Answers

On March 31, 2021 Venkateswaran Palat Krishnan answered:

When investing in land, a certain part of it could fall under what is called “sensitive” land. The definition of sensitive land is complex; the legislation defines sensitive land using several different types of land, each with an area threshold. The purpose of the Investor Test is to determine whether investors are eligible to own or control “sensitive” New Zealand assets. The new investor test sets out the types of behavior and history that the Overseas Investment Office of New Zealand would consider as a potential risk. The test is made up of two groups: character and capability.

On March 31, 2021 Aleks Jovanovic answered:

If you have legally earned 3 million New Zealand dollars and you can prove that then you have a good chance under this category. However, it is a complex application.

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