Buying Shares in New Zealand
Some visas available in New Zealand have an investment requirement, i.e. you must invest a minimum amount of money in New Zealand as part of qualifying for the visa. The investment you make must be an acceptable investment. One of the acceptable investment categories is buying shares.
Shares in New Zealand are traded on the New Zealand Stock Exchange. It has four capital markets:
- Stock market (NZX) – the New Zealand Stock Market features over 200 local and international companies. The country’s top 50 companies by market capitalisation feature on the NZSX 50 index.
- Alternative market – the main market for small and medium-sized businesses is the NXT. There is also the Alternative Market known as the NZAX, but new companies can’t join this market.
- Debt market (NZDX) – where you can invest in Government bonds, corporate bonds, fixed income securities, and more.
- Derivatives market – investing in the country’s capital markets as well as the worldwide dairy industry.
Getting the Right Advice
If you are thinking of buying shares in New Zealand to meet the requirements for a visa, we can help. This includes helping you find a suitable broker, giving you advice on how your purchase will influence your visa application, information on investment regulations, and more.
To speak to one of our licensed advisers about buying shares as part of a visa application, please contact us today by calling 09 3790219.