Parent retirement category NZ
The parent retirement visa is for those who want to join their adult child in New Zealand. With this visa, you can live, work and study in New Zealand and you can include your partner in your application. For the parent retirement visa , you must be able to prove that you have enough funds in place to join your child in New Zealand. The parent of the child may apply along with their partner. You are not able to apply if you have dependent children. What are the financial requirements for a Parent Retirement Visa? You must meet be able to show you have: An annual income of NZ $60,000; and NZ $1 million that you are prepared to invest for 4 years; and An additional NZ $500,000 to live on as settlement funds Proving you have an annual income of NZ $60,000 The annual income of NZ $60,000 can be: Your income; or The combined income of you and any partner included in the application Examples of income sources are: Pensions Rental properties Dividends Interest Profits