Parent category residence changes.

There were 3 big changes from this week's announcement, another one of these changes is that the Parent category for residence has been stopped.

What this means is that for most people who had intended to support their parents' residence in NZ after they themselves get residence, will no longer be able to do this. This will affect the majority of migrants who want their parents to live with them in NZ I think.

So what can you do? The only category that could allow parents to gain residence in NZ based on their children's residence is the Parent Retirement category. This category is much tougher and requires parents to have a lot of money to invest and to support themselves. Parents will need at least $1 Million to invest and $500,000 to support themselves.