New Zealand’s Active Investor Plus (AIP) Visa offers international investors an efficient pathway to gain permanent residency in one of the world's most desirable countries.
An investment of ~US$3m (NZ$5m) into Altered Capital’s Venture Fund II qualifies applicants from any country for an AIP Visa.
Why New Zealand?
By investing in New Zealand, the AIP Visa provides investors and their families with complete access to a prosperous nation that is investor-friendly and peaceful with a stable democracy and high standard of living. The program offers two pathways to residence: investing NZ$5 million in growth assets for three years, or NZ$10 million across a balanced portfolio for five years.
New Zealand’s quality of life markers rank highly on global indices. It specifically excels in measures of safety, social cohesion, peace, liberty, rule of law, transparency to corruption, and life satisfaction. Additionally, the country has well-performing healthcare and education systems – both of which are free for permanent residents.
A key attraction for international investors is the Government’s focus on driving economic growth and track record of attracting foreign capital. The AIP Visa is its latest initiative to this end. New Zealand has also structured its tax framework to incentivise foreign investment: capital gains are not taxed, comprehensive double taxation agreements exist with 41 countries, and new migrants receive a four-year tax exemption on foreign income upon arrival.
Why Altered Capital?
Founded from success in the most competitive markets in the world, and with over $280m in funds under management, Altered Capital backs companies with product market fit to reach their greatest ambitions.
Altered Capital’s 2025 NZ$100m Venture Fund II continues a proven strategy with a team of experts. Our key differentiators include:
Performance: With gross IRR tracking over >40%, Venture Fund I is tracking top decile, and our founding team historically delivered top decile venture performance and distributions at scale in the US and UK.
Scale: We have a significant asset base of over $280m under management, and a large team adding value beyond capital.
Stage: We back only the most exceptional, high growth companies with proven traction from the late Seed or Series A stage, mitigating loss risk.
Why the AIP Visa?
The AIP program has been recently revised to simplify the process for intelligent capital and talent to gain access to New Zealand. Applicants can choose between two investment categories to align with their strategies and risk appetites.
Growth Category: NZ$5 million (~US$3 million) deployed for three years into approved venture capital, private equity, other managed funds, and/or direct business investments. Applicants must spend at least 21 days in New Zealand over the three-year investment period.
Balanced Category: NZ$10 million (~US$6 million) invested for five years across Growth Category investments, listed equities, bonds, and qualifying property developments. Applicants must spend at least 105 days in New Zealand over the five-year investment period, reducible through additional Growth Category allocations.
Permanent residency follows successful completion of investment requirements, with citizenship granted after five years of continuous residency.
Key features of the AIP Visa and process are:
Full family inclusion (partners and dependents aged 24 and under)
Unrestricted work and business rights
No English language requirements
Four-year foreign income tax exemption
No capital gains tax on growth investments
No inheritance or estate taxes
80% of applications are approved within 6.5 weeks
View complete AIP Visa requirements and details at Immigration New Zealand.
Altered Capital Venture Fund II is now accepting a limited number of new investors. Connect with us to discuss Venture Fund II, an investment delivering both residency and best-in-class returns.