Parent Retirement Resident Visa
For parents of New Zealand citizens or residents who can invest a substantial sum to gain residence.
The Parent Retirement Resident Visa is a New Zealand business, talent & investor visa. This guide covers who it's for, the key eligibility criteria, the indicative 2025 cost (~NZ$10,000 including levy) and processing time (~12-18 months), the route to permanent residence, common pitfalls and FAQs.
Who the Parent Retirement Resident Visa is for
For parents of New Zealand citizens or residents who can invest a substantial sum to gain residence.
Grants residence; can lead to a Permanent Resident Visa and citizenship.
Parent Retirement Resident Visa - eligibility criteria
- Have an adult child who is a NZ citizen or resident
- Invest NZ$1 million in New Zealand for 4 years
- Have an additional NZ$500,000 for settlement funds
- Have an annual income of at least NZ$60,000
- Meet health and character requirements
Parent Retirement Resident Visa cost & processing time (2025)
The indicative government fee for the Parent Retirement Resident Visa (New Zealand) is ~NZ$10,000 including levy, with an indicative processing time of ~12-18 months. Figures are for 2025 and may change - confirm at Immigration New Zealand.
| Type | Permanent residence |
|---|---|
| Where you apply | Online, from outside or inside New Zealand |
| Length of stay | Permanent (indefinite resident visa) |
| Work rights | Work for any employer in any role |
| Study rights | Study with no restrictions |
| Government fee | ~NZ$10,000 including levy |
| Processing time | ~12-18 months |
| Route to PR | Grants residence; can lead to a Permanent Resident Visa and citizenship. |
Pathway & next steps
Grants residence; can lead to a Permanent Resident Visa and citizenship.
Many applicants also compare Parent Resident · Parent Resident Visa, PGV · Parent and Grandparent Visitor Visa, Active Investor · Active Investor Plus Visa. Run a free VisaChief check to see which New Zealand route best fits your profile, then prepare an application reviewed by a registered migration agency in our partner network.
Common Parent Retirement Resident Visa pitfalls we fix
Parent Retirement Resident Visa - frequently asked questions
How much does the Parent Retirement Resident Visa cost?
The Parent Retirement Resident Visa government fee is ~NZ$10,000 including levy. Figures are indicative for 2025; always confirm current fees at Immigration New Zealand before applying.
How long does the Parent Retirement Resident Visa take to process?
Indicative processing time is ~12-18 months. Actual timeframes vary with caseload, completeness and your circumstances.
Does the Parent Retirement Resident Visa lead to permanent residence?
Grants residence; can lead to a Permanent Resident Visa and citizenship.
Can I work on the Parent Retirement Resident Visa?
Work rights: Work for any employer in any role.
Who can apply for the Parent Retirement Resident Visa?
For parents of New Zealand citizens or residents who can invest a substantial sum to gain residence.
Sources & official references
This guide is compiled from official New Zealand government sources and is updated periodically. Eligibility, fees and processing times change - always confirm the current rules with the issuing authority before you apply:
- Immigration New Zealand - official New Zealand immigration authority