Philanthropic Giving can help Migrants to Nz

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In 2016, Immigration New Zealand announced policy changes for the Investor Category of Migrant Visas to New Zealand to include the option to invest through giving. 

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In 2017, Immigration New Zealand announced policy changes for the Investor Migrant category visas to New Zealand which will encourage more charitable donations. 

These changes mean that people looking to move to New Zealand under an Investor Migrant Visa can now use up to 15% of their investment funds as a charitable gift.

This means that for those people who are already philanthropically minded in their home countries, they can continue to do so in the NZ charitable sector and have it count towards their visa requirements. 

Read more about the details on the Immigration NZ website here.

How The Gift Trust can help

For many international migrants, knowledge of the New Zealand charity sector may be limited.  The Gift Trust, as a registered charity which meets the philanthropic giving requirements of Immigration NZ, can help clients to invest their philanthropic funds and provides advice and support on NZ charities.

Benefits of using The Gift Trust donor advised fund for Investor Migrants are:

  • Time: Setting up Gift Account with the Gift Trust qualifies as a philanthropic gift and this allows new migrants to New Zealand to gain the benefit for their visa immediately. This gives our clients the time and space to get settled in New Zealand before they decide which charities they will support using these funds. When clients are ready The Gift Trust can then provide guidance and advice on possible beneficiary charities.

  • Expert support: The Gift Trust’s team can provide expert philanthropic advice and support about New Zealand charities in line with clients philanthropic values.

  • Flexibility: Donations can be made from a Gift Trust account at any time and to any charity throughout New Zealand. We can also make a limited number of international donations.

  • Growth: Philanthropic funds can grow while awaiting distribution to the charities of your choice.

  • Family involvement: Allows for family to become involved in local giving as they become more established within New Zealand.

  • No immediate spend down requirements: Unlike other countries offering donor advised funds, there are currently no spend down requirements, but we do request a donation be made at least ever three years.

  • Transfers from international donor advised funds: The Gift Trust has supported donors who have donor advised funds based in other countries, to transfer some of these funds for their charitable giving in New Zealand.

If you are looking at an Investor Migrant Visa and wish to consider philanthropic giving as part of your investments, please talk to us to find out more.

 

A note of gratitude to The Gift Trust for always taking the time to learn the cultural nuances around doing this kind of work in so many countries. I am always so impressed with your due diligence process and openness to understanding why things are the way they are. Thank you!

Geneva Loftus Executive Director, Move92

We set out to build a new pooled fund as a way to give passionate people an avenue to contribute to climate action. The Gift Trust provided expert guidance, professional operational infrastructure, and generous connections. What’s resulted is a boost of much needed funding going to incredible climate charities doing the mahi here in Aotearoa.

The Climatics Gift Trust client

Aroha mai, aroha atu – is an expression of interconnectedness, reciprocity and balance, advocating for a world where kindness, empathy, and love are shared freely and returned, fostering stronger communities and personal well-being. This whakataukī embodies the spirit of the Matariki Koha Fund, our connection with Te Āti Awa iwi and the tautoko The Gift Trust provides us all. Kia ora!

Wellington Community Fund

The Gift Trust is hands down the best thing we’ve done to help us with our giving journey. They make it easy, fun, and put us in touch with charities we would never know about otherwise. We can’t recommend them highly enough!

Holmes Charitable Fund Gift Account holder

We are hugely grateful to The Gift Trust for undertaking research into the disability sector and for identifying and then introducing us to an organisation which was willing to take on an additional project to fill a gap that we had identified in the disability support network. Yvonne and Cheryl at The Gift Trust continue to provide the link in our relationship with the organisation and to oversee the provision of meaningful and regular reports on impact.

Columba Fund Gift Account holder

Finding charities that fit well within a trust's giving brief can be difficult and time-consuming. When we needed charity research done for one of our trusts under management we contracted The Gift Trust to do it for us. They had a wealth of knowledge and connections that provided us with a concise and clear report, giving us the information we needed to decide where funds should be allocated.

Dentons New Zealand

An area of importance to our clients is charitable giving. The Gift Trust offers an opportunity to streamline the gifting process, while adding increased confidence and transparency. It also provides robust due diligence of eligible charities and access to additional support services for clients with complex needs.

Philip Stevenson CEFEX Certified Investment Adviser, Bloomsbury Associates

The Gift Trust provides a flexible and robust structure, to support donors' charitable giving intentions, while still enabling them to have a say in the investment of donated funds.

David Ireland Partner, Dentons New Zealand

A Gift Account with The Gift Trust is a great option as an alternative to setting up a charity or private foundation while still preserving clients' control over their giving.

Steven Moe Partner, Parry Field Lawyers

The administration and ongoing compliance requirements involved in setting up a private charity can be onerous, and even risky. Setting up a Gift Account allows The Gift Trust to look after those requirements, and provide support that allows the donor to focus on what they really want to do with their gifts.

Sue Barker Specialist charities lawyer

The Gift Trust takes the guesswork out of giving. Having support with research and due diligence on donations ensures that funds are truly making the desired impact. It has been a real pleasure to work with The Gift Trust.

Ben Gift Account holder

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    Wellington, New Zealand

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