New Zealand allows wealthy visa funds for rentals

New Zealand will let wealthy visa applicants invest in approved build-to-rent housing funds starting in December. The government aims to attract foreign capital to boost long-term rentals amid weak economic growth.

New Zealand will allow wealthy visa applicants to invest in approved build-to-rent housing funds starting this December. The policy change aims to channel foreign capital into long-term rental stock. The center-right government has steadily adjusted its investor visa framework to boost capital inflows.

The government lowered the minimum investment threshold for its Growth category to NZ$5M ($2.93M) from NZ$15M in April 2025. Authorities also shortened the mandatory investment duration to three years from four while easing English-language requirements and expanding philanthropic options.