Parent Retirement Category.
This is a fast-track category for parents to join adult children who are living in New Zealand. Parents need to commit to making investments in New Zealand over a 4 year period and provide evidence of assets and income.
The parent(s) should have at least one child living permanently in New Zealand. There is no minimum residency period.
The parent(s) should have no dependent children.
The parent(s) should be able to invest NZ$1,000,000 for a minimum period of 4 years.
The parent(s) should be able to demonstrate that, in addition, they have at least $500,000 in available assets to assist in their immediate settlement costs and at least $60,000 per annum regularly available income with which to support themselves.
The Route To Parent Residence.
Requirements for Parent and Parent Retirement visas are different. Parent is limited by an annual quota of approvals, whereas Parent Retirement is unlimited. These regulatory processes can be frustrating to follow, and the bureaucracy can be overwhelming.
If you need assistance in navigating these complicated conditions, don't hesitate to contact us. The Parent categories in New Zealand can seem overly complicated, but you can rely on the experts at Malcolm Pacific Immigration to help guide you through this maze.
Sometimes, families expect that rules can be bent to accommodate respected parents, but immigration procedures always apply.
Applicants from some regions face additional delays because of special "security checks".
Even elderly parents are expected to meet very high health standards. Malcolm Pacific Immigration can argue exceptions on a case-by-case basis, but once again, this can cause delays.
Families should not delay planning for a reunion with their parents. Contact Malcolm Pacific Immigration and identify the issues early on, so we can help your family to have a happy outcome.