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THE CITIZENSHIP DESK

New Zealand Investor 2 Visa vs EB-5 Immigrant Investor Visa

A factual side-by-side comparison of two residency programmes. All figures are drawn from the canonical program pages — follow either link in the table header for sources and the full profile.

Key Differences at a Glance

  • New Zealand Investor 2 Visa is faster: 9 months vs 30 months for EB-5 Immigrant Investor Visa.
  • Lower capital: EB-5 Immigrant Investor Visa (800,000 USD) vs 1,800,000 for New Zealand Investor 2 Visa.
New Zealand Investor 2 Visa

New Zealand · investment

EB-5 Immigrant Investor Visa

United States · investment

Country
New Zealand
United States
Category
Investment
Investment
Application Fee
$3,525
$3,675
Minimum Income
Minimum Investment
$1,800,000
$800,000
Processing Time
9 months
30 months
Family Included
Partner and dependent children included in the residence visa application
Spouse and unmarried children under 21 included at no additional investment
Path to PR
Yes — 0 years
Yes — 0 years
Path to Citizenship
Yes — 5 years
Yes — 5 years
Physical Presence
Must spend at least 438 days in New Zealand over the 4-year investment period to meet residence obligations
Must reside in the US after receiving conditional green card; 6-month continuous absence voids residency
Dual Citizenship
Allowed
Allowed
Tax Impact
Resident visa holders are subject to New Zealand tax on worldwide income; a four-year transitional tax exemption on foreign-sourced income may be available for new residents
Grants US lawful permanent resident status; worldwide income subject to US taxation from day of admission
Tax Residency Trigger
183 days/yr
0 days/yr
Worldwide Taxation
Yes
Yes
Renewal Cost

About New Zealand Investor 2 Visa

New Zealand's Investor 2 Visa grants residence to individuals who invest a minimum of NZD$3 million in acceptable New Zealand investments for a mandatory four-year investment period. Unlike the Investor 1 Visa (NZD$10M), the Investor 2 stream requires a minimum of 438 days of physical presence in New Zealand across the four years, ensuring genuine connection to the country. Upon completing the investment and presence requirements, investors and their families receive permanent residence and may apply for citizenship after five years.

Full New Zealand Investor 2 Visa profile →

About EB-5 Immigrant Investor Visa

The EB-5 Immigrant Investor Visa grants US lawful permanent residency to foreign nationals who invest a minimum of $800,000 in a Targeted Employment Area (TEA) or $1,050,000 elsewhere, creating at least 10 full-time US jobs. Investors receive a conditional two-year green card, which can be converted to permanent residency after demonstrating job creation requirements have been met. After five years as a permanent resident, EB-5 holders may apply for US citizenship.

Full EB-5 Immigrant Investor Visa profile →

Gotchas to Watch For

New Zealand Investor 2 Visa

  • **Replaced the old Investor 2 category in September 2022**. Old Investor 2 (NZD 3M passive) is closed to new applicants.
  • NZ taxes worldwide income once tax-resident after the 4-year transitional window — plan carefully
  • Day counting is strict: 117 days (direct) vs 335 days (managed) over 3 years is not flexible

EB-5 Immigrant Investor Visa

  • EB-5 Reform Act 2022: thresholds raised to $800k (TEA) / $1.05M (non-TEA); reserved visa categories added
  • Mainland China + India face multi-year visa retrogression after I-526E approval
  • Green card = US tax resident from day 1 = worldwide income taxation + FATCA/FBAR obligations
  • Investment must stay "at risk" — guaranteed returns disqualify
  • Regional Center selection critical — bankrupt/fraudulent RCs have caused total loss of both investment AND visa

Neutral reference — we don't recommend one programme over another. Programmes change: always verify each detail against the official source linked on the individual program pages.