TNAG-2947-FCO40-4223-Third-Country-Right-of-Abode-Schemes-for-Hong-Kong-1993 — Page 30

RESTRICTED

40

120624 MDLIAN 6325

RESTRICTED

FM WELLINGTON TO ROUTINE FCO

TELNO 199

OF 31194OZ MAY

INFO ROUTINE HONG KONG, PEKING, ATTC TAIPEI

TOP COPY G LIST ?

IS

FCO TELNO 337 TO HONG KONG: FOREIGN RIGHT OF ABODE SCHEMES

SUMMARY

1. NO SPECIAL PROVISIONS OR QUOTAS FOR HONG KONG IMMIGRATION TO NEW ZEALAND. OUTLINE OF PRESENT REQUIREMENTS. BREAK DOWN OF RECENT IMMIGRATION FROM HONG KONG.

DETAIL

2.

NEW ZEALAND IMMIGRATION RULES MAKE NO SPECIAL PROVISIONS FOR HONG KONG CITIZENS. ALL RESIDENCE APPLICATIONS ARE BASED ON THE FOLLOWING FOUR CATEGORIES (SUBJECT TO HEALTH, CHARACTER AND LANGUAGE REQUIREMENTS):

A) GENERAL

A POINTS SYSTEM BASED ON AGE, EDUCATION, RELEVANT WORK EXPERIENCE,

A FIRM JOB OFFER, SETTLEMENT FUNDS, INVESTMENT FUNDS, AND

SPONSORSHIP BY AN IMMEDIATE FAMILY MEMBER OR APPROVED COMMUNITY ORGANISATION:

B) BUSINESS INVESTMENT

RESIDENCE MAY BE GRANTED ON PROOF OF TRANSFER OF FUNDS TO NEW ZEALAND THROUGH THE TRADING BANK SYSTEM FOR INVESTMENT FOR A MINIMUM OF TWO YEARS AS FOLLOWS:

-INVESTMENT OF A MINIMUM OF NZ 750,000 (POUNDS 250,000 APPROX) INTO A PASSIVE INVESTMENT, SUCH AS BANK ACCOUNTS, TRUST FUNDS, OR LISTED STOCKS:

-INVESTMENT OF A MINIMUM OF NZ 625,000 (POUNDS 208,333 APPROX)

1

PAGE

RESTRICTED

RF

HKCD 391/1

!!: 1993

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