Over 45
Feb 12th 2010, 10:29 am
#1
Forum Regular
Thread Starter
Joined: Mar 2009
Posts: 157
Over 45
Hi
Could I please get a little advice for my father please?
He is 62, mum 61 and they absolutely love NZ. They have spent around 7 weeks out there over two holidays and really say it is where they would like to live and eventually retire.
My dad is a very active man. He has worked for the Railway for over 30 years, is a Mechanical Engineer, has an MBA in Business, is a part-time lecturer and now also a consultant for Network Rail. He has a lot to offer NZ but has sort of given up on even thinking about realising his dreams as he thinks he is too old.
Therefore, pesky daughter (me)
has been researching a little for him. I "think" he has until he is 65 (not long left). I also think he has two options, 1 being to take a business as an investor and 2 being able to put a large amount of money in the NZ banks for 4 years (also as an investor). Thats in a nutshell.
Can anyone else, maybe who is going at a later age help me to really clarify his options.
I would love to see them go out there, they have fallen in love with the place and say it looks like it has been painted as it is so beautiful. Okay, plus I might get a holiday once in a while.......
Many thanks - Jenny
Could I please get a little advice for my father please?
He is 62, mum 61 and they absolutely love NZ. They have spent around 7 weeks out there over two holidays and really say it is where they would like to live and eventually retire.
My dad is a very active man. He has worked for the Railway for over 30 years, is a Mechanical Engineer, has an MBA in Business, is a part-time lecturer and now also a consultant for Network Rail. He has a lot to offer NZ but has sort of given up on even thinking about realising his dreams as he thinks he is too old.
Therefore, pesky daughter (me)
has been researching a little for him. I "think" he has until he is 65 (not long left). I also think he has two options, 1 being to take a business as an investor and 2 being able to put a large amount of money in the NZ banks for 4 years (also as an investor). Thats in a nutshell.Can anyone else, maybe who is going at a later age help me to really clarify his options.
I would love to see them go out there, they have fallen in love with the place and say it looks like it has been painted as it is so beautiful. Okay, plus I might get a holiday once in a while.......
Many thanks - Jenny
Feb 12th 2010, 3:31 pm
#2
Forum Regular
Thread Starter
Joined: Mar 2009
Posts: 157
Re: Over 45
Hi
Could I please get a little advice for my father please?
He is 62, mum 61 and they absolutely love NZ. They have spent around 7 weeks out there over two holidays and really say it is where they would like to live and eventually retire.
My dad is a very active man. He has worked for the Railway for over 30 years, is a Mechanical Engineer, has an MBA in Business, is a part-time lecturer and now also a consultant for Network Rail. He has a lot to offer NZ but has sort of given up on even thinking about realising his dreams as he thinks he is too old.
Therefore, pesky daughter (me)has been researching a little for him. I "think" he has until he is 65 (not long left). I also think he has two options, 1 being to take a business as an investor and 2 being able to put a large amount of money in the NZ banks for 4 years (also as an investor). Thats in a nutshell.
Can anyone else, maybe who is going at a later age help me to really clarify his options.
I would love to see them go out there, they have fallen in love with the place and say it looks like it has been painted as it is so beautiful. Okay, plus I might get a holiday once in a while.......
Many thanks - Jenny
Could I please get a little advice for my father please?
He is 62, mum 61 and they absolutely love NZ. They have spent around 7 weeks out there over two holidays and really say it is where they would like to live and eventually retire.
My dad is a very active man. He has worked for the Railway for over 30 years, is a Mechanical Engineer, has an MBA in Business, is a part-time lecturer and now also a consultant for Network Rail. He has a lot to offer NZ but has sort of given up on even thinking about realising his dreams as he thinks he is too old.
Therefore, pesky daughter (me)
has been researching a little for him. I "think" he has until he is 65 (not long left). I also think he has two options, 1 being to take a business as an investor and 2 being able to put a large amount of money in the NZ banks for 4 years (also as an investor). Thats in a nutshell.Can anyone else, maybe who is going at a later age help me to really clarify his options.
I would love to see them go out there, they have fallen in love with the place and say it looks like it has been painted as it is so beautiful. Okay, plus I might get a holiday once in a while.......
Many thanks - Jenny
Feb 12th 2010, 9:01 pm
#3
`
Joined: Oct 2003
Posts: 38,613
Re: Over 45
As far as I can see you have covered it, although someone else may know more.
Investor 2 category link - seem to need two and a half million NZD
.....and of course the Long Term Business Visa. I can't see an age limit for this policy.
Investor 2 category link - seem to need two and a half million NZD
Originally Posted by NZIS
Investor (Investor 2 Category) requirements
All applicants – you and your partner and dependent children (if applicable) – must meet our health, character and English language requirements (see below). You – the principal applicant – must also have at least three years' business experience. The other requirements are set out below.
Age
You (the principal applicant) must be aged 65 or younger.
Investment and settlement funds and/or assets
You must nominate funds and/or assets equivalent to at least NZ$1.5 million for investment funds, and NZ$1 million for settlement funds. You will need to be able to provide evidence showing that your investment and settlement funds and/or assets are owned by you or jointly by you and your partner and/or dependent children. You will also need to be able to provide evidence showing that your intended investment funds:
All applicants – you and your partner and dependent children (if applicable) – must meet our health, character and English language requirements (see below). You – the principal applicant – must also have at least three years' business experience. The other requirements are set out below.
Age
You (the principal applicant) must be aged 65 or younger.
Investment and settlement funds and/or assets
You must nominate funds and/or assets equivalent to at least NZ$1.5 million for investment funds, and NZ$1 million for settlement funds. You will need to be able to provide evidence showing that your investment and settlement funds and/or assets are owned by you or jointly by you and your partner and/or dependent children. You will also need to be able to provide evidence showing that your intended investment funds:
- are unencumbered, ie not subject to any mortgage, lien, charge and/or encumbrance (whether equitable or otherwise) or any other creditor claims
- have been earned or acquired legally
- are transferable through the banking system (we will not be able to approve your application if you are unable to transfer funds to New Zealand through the banking system).
Feb 13th 2010, 3:09 pm
#4
Forum Regular
Thread Starter
Joined: Mar 2009
Posts: 157
Re: Over 45
Thanks Bevs, thats what I read. Seems if my dad drags his feet about it he will lose out quite soon. Oh well, no NZ holidays just yet!
Cheers
Cheers
Feb 14th 2010, 7:43 pm
#5
`
Joined: Oct 2003
Posts: 38,613
Re: Over 45
Does he have the funds for the investment policy? It might be quicker than the faffing for a LTBV which appears to be very involved.
Feb 15th 2010, 8:29 pm
#7
`
Joined: Oct 2003
Posts: 38,613
Re: Over 45
Sorry.Long Term Business Visa.
Jan 28th 2011, 4:13 am
#8
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Joined: Oct 2003
Posts: 38,613
Re: Over 45
Hi there Chch4me.
If you look you will see that this thread is very nearly a year old.
The OP has not come back to the thread and , from memory, were themselves looking to Australia.
If you look you will see that this thread is very nearly a year old.
The OP has not come back to the thread and , from memory, were themselves looking to Australia.
