In New Zealand, retirees may enjoy a good standard of living and a laid-back way of life. The stunning environment and the kind attitude of the people toward tourists draw international retirees. One cannot, however, pack up and retire to New Zealand. Before relocating to New Zealand, you must make a few preparations. You must apply for a retirement visa if you’re thinking about retiring in New Zealand.
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In New Zealand, how do I retire?
For those who desire to retire in New Zealand, there are two alternatives available:
- Temporary Retirement Visitor Visa for New Zealand
- Parent Residency Retirement Visa in New Zealand
Whichever option you pick, you’ll be able to include your partner in the application and travel within and outside of New Zealand while you’re there.
Eligibility for a Retirement Visa in New Zealand
The following papers must be submitted when applying for a retirement visa to New Zealand:
- Passport or identification document. Either your genuine passport or a certified copy of it may be submitted.
- Two pictures. In the picture, your head and shoulders must be visible.
- evidence of health. To demonstrate your overall health, you must get a medical examination, a chest x-ray, or both.
- A police statement attesting to your safety from the public. The appropriate authorities in your own country or any other nation where you have lived for more than five years must provide the police certificate.
- A demonstration of your “real visitor” status. Give a justification for your entry into New Zealand.
- A document attesting that you are 66 or older. Your birth certificate, passport, identification certificate, etc., in original or certified copies, are acceptable.
If you’re requesting a visitor visa for temporary retirement:
Sources of support. You can enclose: as evidence that you have enough money to invest in New Zealand for two years.
- A financial statement
- Property assessment
- value of assets
- certificates for shares
- Deeds of title, etc.
- Proof of the investment fund’s origin.
Describe how you acquired your finances and include a proof, such as:
- tax filings
- payslips
- business ownership
- bank statements
- proof of gifts of money
- Gains from stock trading, etc.
- Evidence of the flow of investment funds to New Zealand.
- You can use the banking system to move investment monies.
- Additional documentation needed to bring your spouse:
- A record of the connection (marriage certificate)
- Evidence of identity (ID).
- They must be free of any criminal history.
- They need to be in good health.
Applicants seeking a Parent Resident Retirement Visa should:
A Parent Category Expression of Interest form that has been finished.
- Describe your name, contact information, health status, fluency in English, family, and other relevant information in this letter.
- Invitation to submit a housing application.
- The immigration office must invite your residency application.
- Knowledge of English.
- Please choose one of the followings:
- Outcomes of an English language exam.
- Evidence that you have a language background in English.
- Evidence that you speak English for additional purposes.
- Revenue through sponsorship of your child.
- You must be able to support your child and their partner financially.
- One sponsor must make a minimum of $72,099.
In New Zealand, How to Apply for a Retirement Visa?
The steps for obtaining a visa for a temporary retirement visitor are as follows:
- Download the application form, then fill it out.
- Send the form, the application fee, the immigration levy, and the necessary paperwork to the immigration office.
To complete the application, follow the instructions on the form.
- Await the outcome of your application.
- Following the approval of your application, you have three months to send money to New Zealand and make a good investment.
- The telegraphic transfer paperwork you provide should attest that you used the banking system to move your investment to New Zealand.
The sponsor you named in your application is where you get your money or other assets.
The steps for requesting a Parent Resident Retirement visa are as follows:
First Stage: Online
You fill out a “Parent Category Expression of Interest Form” and mail it with the application money to the immigration department. You can apply for residency if the immigration office chooses your EOI (Expressions of Interest). To submit your application, you have four months.
Second Stage: PERSONAL
The Parent Category Residence Application must be completed, signed, and sent to the immigration office with the appropriate application fee, immigration levy, and supporting documentation. Hold off until a choice is made. If the office requires further information, they will let you know.
Cost of Retirement Visa in New Zealand
The following table lists the costs associated with applying for a retirement visa:
- $25 for a temporary visitor visa for retirees (per person)
- $2500 for a parent retirement resident visa
Retirement in New Zealand: Pros and Cons
Before relocating to a different nation, there are some things to consider. For a secure and peaceful retirement, a new house should satisfy your wants and expectations.
Some benefits and drawbacks of retiring to New Zealand are shown in the table below.
PROS CONS
Excellent medical treatment A remote nation
Life is secure Insufficient public transit
little crime Costly living
amazing weather Dwellings of poor quality
Pleasant individuals
New Zealand Healthcare for Retirees
One of the world’s top healthcare systems is acknowledged to exist in New Zealand. New Zealand made careful to keep healthcare inexpensive and available to everyone, with a combination of free and subsidized treatments. Every person who receives medical care in New Zealand will be given a National Health Index number (NHI number), which acts as identification and connects you to the appropriate medical records. The District Health Boards (DHBs) are in charge of offering New Zealanders health and disability services. DHBs oversee sizable, top-notch public hospitals and see that residents may receive care for nothing. There is often a waiting list for medical appointments, such as operations, in the public system, and it includes everything (accidents, pre-existing conditions, pregnancy, cancer treatments, etc.). Although public healthcare is free for everybody, you can always opt for private healthcare if you want greater control over your treatments and to avoid being put on long waiting lists.