Frequent question: Is it possible for a US citizen to retire in New Zealand?

New Zealand offers two visa options for those interested in retiring in the country. Both options let you include your partner in the application. … For this option you’ll need a minimum annual income of NZ $60,000, and you’ll have to invest NZ $1 million (about U.S. $699,780) over a period of four years.

Can a US citizen live permanently in New Zealand?

You can live and work in New Zealand indefinitely as a Permanent Resident — you don’t need to become a New Zealand Citizen. As a Permanent Resident, you also have many of the same rights as a New Zealand Citizen. You can: get government-funded public services, including healthcare.

How much do I need to retire in NZ?

Single people wanting to live a “choices” lifestyle need $600,000​ for retirement in provincial towns, and $688,000​ for a city retirement.

Can retired US citizens move to New Zealand?

For U.S. citizens looking to come to New Zealand after retirement, the easiest option is to travel on a three-month visitor visa or a temporary visa. Investment-based visas offer a pricier alternative if you’re keen to stay longer or if you buy a house.

Can you emigrate to New Zealand if you are over 60?

Temporary retirement visitor visa

Another option available is a Temporary Retirement Visitor Visa. This will allow you to stay in New Zealand for up to two years. To be eligible, you must be 66 years of age or above, have NZ$750,000 to invest in New Zealand over two years.

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What are the disadvantages of living in New Zealand?

Cons of Living in New Zealand

  • Everything Costs More in New Zealand. …
  • It’s Far From Everywhere for Travel. …
  • Their Houses Aren’t Well Built. …
  • Public Transport is Extremely Limited. …
  • It’s Difficult to Find Work. …
  • Cost of Living is High. …
  • Earthquakes are a Reality. …
  • While New Zealand is Hugely Multi-Cultural, They Can Also Be Racist.

Does New Zealand accept retirees?

New Zealand offers two visa options for those interested in retiring in the country. Both options let you include your partner in the application. These are the Temporary Retirement Visitor and Parent Resident Retirement visas. … The visa also requires proof of NZ $500,000 for living expenses.