Quote:
Originally Posted by herr_oberst
They'll take you in - as long as you got the scratch. The cost of admission is high.
"The Temporary Retirement Visitor Visa (temporary visa)
This option would allow a temporary stay in New Zealand on a visitor visa for up to 2 years, so considerably longer than on a 'regular' visitor visa. You must be 66 or above, have NZ $750,000 to invest in New Zealand for 2 years, another NZ $500,000 to live on, and an annual income of NZ $60,000. You may include your partner in this application but no dependent children."
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I'm not understanding the NZ$60k a year income. If you invest NZ$0.75m in the economy you would need 8% return on investment to generate that much. If you add the NZ$0.75m investment and the NZ$0.5m living expenses then you need less than 5% return to get your NZ$60k. IS that allowed, or is the NZ$60k some extra?
Also if you're emigrating from the US, I would assume you are still eligible to collect your US Social security. If you've managed to put away close to $0.9m USD over your life then the chances are you've been maxing out your social security contributions for many years too, so if retiring today you should get at least half the $60kNZ covered off the bat.
I'm not saying it's an easy goal, but it seems perfectly reasonable for many middle class people to achieve that.