Immigration New Zealand (INZ) has announced that eligible Build to Rent developments will become an acceptable investment option under the Growth category of the Active Investor Plus (AIP) Visa in December 2026.
Build to Rent investment will be available through approved managed funds, giving Growth category applicants access to purpose-built rental housing developments through investment structures that meet Active Investor Plus requirements.
Applicants and their family members will not be able to live in a Build to Rent development funded through their investment.
The Active Investor Plus visa was refreshed from April 2025, replacing the previous weighted model with two categories: Growth and Balanced. Since the refreshed settings were introduced, more than 80 percent of applications have been under the Growth category, which requires a minimum investment of NZD 5 million.
Further information on eligibility requirements, investment structures and implementation timeframes will be provided before the change takes effect.
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