Mana Tupu Capital · Investor Visa Programme
New Zealand's Active
Investor Plus Programme.
A government-administered, investment-led pathway to New Zealand Residence. Clear eligibility criteria, transparent investment requirements, and a defined process — from application to approval.
What Is the Programme
An investment-led
pathway to
New Zealand Residence.
The Active Investor Plus (AIP) programme allows qualifying international investors to obtain New Zealand Residence by making a substantive, active investment into the New Zealand economy.
Unlike passive investment pathways, AIP requires investment into certified, actively managed funds or direct equity — ensuring that investor capital generates genuine economic benefit for New Zealand. The programme is jointly administered by Invest NZ (formerly NZTE) and Immigration New Zealand.
Effective 1 April 2025, AIP investments are categorised as either Growth or Balanced, with different minimum investment thresholds and eligible investment types for each. Mana Tupu Venture Fund I qualifies as an Acceptable Managed Fund under the Growth Category.
Ask Our Team a Question →Growth Category
during investment period
Growth Category
application to residence
Investment Categories
Two pathways.
Different risk, different minimums.
AIP investments are structured into Growth and Balanced categories. Each carries a different minimum investment, eligible investment types, and holding period. Investors may also split capital across both categories.
Investment into higher-risk, higher-growth vehicles. Includes certified venture funds, direct equity in growth-stage NZ companies, and certain listed equity. Carries the highest return potential and the longest minimum holding period.
A broader investment category allowing a mix of growth and income-oriented investments. Includes managed funds, bonds, listed equities, and philanthropic contributions. Higher minimum, lower risk profile.
Investors may split capital across both Growth and Balanced categories, with each portion subject to the rules applicable to that category. This allows flexibility in portfolio construction while meeting AIP requirements.
Eligibility
Who qualifies
to apply?
AIP is designed for high-net-worth individuals and families with the financial capacity to make a substantive investment in New Zealand. The eligibility criteria are defined by Immigration New Zealand and assessed at the time of application.
Applicants must demonstrate that investment funds are from a legitimate source and have been legitimately earned. Immigration New Zealand will assess the character, health, and financial standing of all principal applicants and their partners and dependent children.
View Official INZ Requirements →Ability to invest a minimum of NZD $5M (Growth) or NZD $10M (Balanced) in acceptable investments. Funds must be held in your name or that of a qualifying entity.
Investment capital must be demonstrably from a legitimate source and legitimately earned. Immigration NZ will assess source of wealth documentation as part of the application process.
Applicants must have relevant business, investment, or governance experience. Immigration NZ assesses this against defined criteria for investor experience and capability.
All principal applicants, partners, and dependent children must meet Immigration NZ's standard character and health requirements. Police certificates are required from all countries of residence.
Principal applicants must meet English language requirements or hold a passport from an exempt country. Partners and dependent children are assessed separately.
All investors must complete Anti-Money Laundering and Know Your Customer checks as part of the fund subscription process and immigration application.
The Pathway
From enquiry
to New Zealand Residence.
A defined, government-administered process. Each stage has clear requirements and typical timeframes. Mana Tupu guides investors through every step.
Mana Tupu reviews your investment capacity, source of funds, business experience, and immigration eligibility. We provide a clear assessment of which AIP category suits your situation and confirm that Venture Fund I meets your requirements before any commitment is made.
Complete Anti-Money Laundering and Know Your Customer requirements through our investor portal. Review the Information Memorandum, execute the Subscription Agreement, and transfer investment capital to the Fund's NZ trust account. Units are issued on acceptance and cleared payment.
Mana Tupu provides confirmation to Invest NZ that your investment has been made into an Acceptable Managed Fund under the Growth Category. This confirmation is a required document for your Immigration New Zealand residence application.
Lodge your Active Investor Plus Residence Visa application with Immigration New Zealand. Processing timeframes vary. Applications are assessed against character, health, English language, experience, and investment requirements. Your immigration adviser manages this stage directly with INZ.
Upon approval, you receive New Zealand Residence for yourself, your partner, and dependent children. Your investment must remain in the Fund for the minimum 4-year holding period. Mana Tupu provides ongoing investor reporting, compliance confirmation, and portfolio updates throughout. Redemptions during the holding period require Immigration NZ approval.
Why Fund Manager Certification Matters
Not all funds
qualify.
For an investment to count towards AIP requirements, it must be made through a fund that holds Invest NZ certification as an Acceptable Managed Fund. Investing through an uncertified vehicle — regardless of the quality of the underlying assets — will not satisfy Immigration NZ requirements.
Mana Tupu & AIP
Certification
in progress.
Mana Tupu Capital is currently pursuing Invest NZ certification for Venture Fund I as an Acceptable Managed Fund under the Growth Category. Our fund structure, investment mandate, and governance architecture have been purpose-built to meet AIP requirements from the ground up.
Frequently Asked Questions
The questions
serious investors ask.
The information on this page is provided for general guidance only and does not constitute immigration, legal, financial, or tax advice. AIP programme requirements are set by Immigration New Zealand and Invest NZ and are subject to change. Mana Tupu Capital is a fund manager, not a licensed immigration adviser. Prospective investors should engage a New Zealand Licensed Immigration Adviser and obtain independent legal and financial advice before making any investment or immigration decision. This page reflects programme settings effective April 2025 and should be read in conjunction with the official Immigration New Zealand and Invest NZ programme documentation.
Ready to explore
your AIP options?
Our team will walk you through the programme requirements, how Venture Fund I is structured for AIP compliance, and what the process looks like from first conversation to residence approval.