In plain English
Eligible Build to Rent developments become an acceptable Growth category investment in December 2026, through approved managed funds.
Key points
- Managed funds must meet capability, governance and delivery requirements.
- More detail on eligibility and timing is due before the change.
Who’s affected
Investors considering the Growth category.
What you should do
Wait for the detailed criteria before committing funds.
Official source
Immigration New Zealand, “Build to Rent joins the Active Investor Plus Growth category”, published 9 September 2026. Read the full announcement. Summary by Destination NZI; INZ content © Crown, licensed under CC BY 3.0 NZ.
Related visas
Invest at least NZD $5 million (Growth) or NZD $10 million (Balanced) to live, work and invest in New Zealand.
- Stay
- Live, work and study indefinitely
- INZ visa fee
- From NZD $27,470
- Processing
- Approval in principle 80% within 11 weeks
+ our service fee, quoted upfront
Invest at least NZD $1 million in an established business and run it in New Zealand.
- Stay
- Up to 4 years
- INZ visa fee
- From NZD $12,380
- Processing
- See INZ page
+ our service fee, quoted upfront
