Parents

Parent Retirement Category

The Parent Retirement Category allows individuals who have an adult child who is a New Zealand citizen or resident in New Zealand to apply for a Resident visa to live in New Zealand permanently.

To be eligible an applicant requires an annual income of NZD60,000 and an additional NZD1million to transfer and invest into New Zealand for a period of four years. A further NZD500,000 in assets or funds to meet settlement fund requirements is also required along with meeting usual health and character requirements.

Applicants who meet these requirements are able to bypass the Parent Category which currently remains suspended (further information below).

Parent Category

New Zealand citizens and residents are able to sponsor their parents to come and reside in New Zealand. This category was overhauled in February 2020 and the first selections under the new instructions were intended to take place in May 2020. However, no selections were ever made with the category abruptly suspended in April 2020 due to the Covid-19 pandemic. Immigration New Zealand will not make selections from the Parent Category Pool until further notice.

Nonetheless, when the Parent Category reopens in due course, aside from health and character requirements, it is important that the sponsoring New Zealand resident/citizen child meets the minimum income threshold.

If the New Zealand resident/citizen child would like to sponsor one parent, they would need to have earned at least twice the median salary for two of the three years prior to the application being made. If the New Zealand resident/citizen child would like to sponsor two parents, they would need to have earned at least three times the median salary for two of the three years prior to the application being made. If there are three parents, the requirement for the sponsoring child’s median wage increases to three times the median wage and if there are four parents, the sponsoring child must earn at least four times the median wage. If there are two joint sponsoring children (such as the child and their partner), the minimum income threshold increases and starts at three times the median wage for one parent and continues to increase depending on the number of parents they would like to sponsor.

As mentioned, selection of Expression of Interests under the Parent category are currently suspended due to Covid-19. It is unclear when they are likely to resume; however, it is likely any reopening of the category will be linked to the New Zealand border re-opening and could be done simultaneously with changes to the policy and eligibility criteria.

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