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.

 

“The Gift Trust provides a personalised service for my plan to give, donate and support the causes that are important to me at a reasonable cost.”

— Gillian, Gift Trust donor

"The gift accounts offered by The Gift Trust are a good option for individuals or organisations wanting to consolidate their charitable giving. I encourage all financial advisers to consider this important development."

– Dr Rodger Spiller, Financial Adviser, Money Matters

“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, Bloomsbury Associates. CEFEX Certified Investment Adviser

“We would like to recognise and offer thanks for the support we receive though The Gift Trust’s donation. An annual donation from one of your donors is one of the largest donations that Kaibosh receives each year and has been absolutely pivotal to our ability to operate with confidence and to expand our operation across the Hutt Valley. We are extremely thankful.”

— Matt Dagger, Kaibosh, Gift Trust grant recipient

“My gift account has made my giving easy. It lets me get straight to the fun and satisfying part of giving to the causes I care about, without the hassle.”

— Anake, Gift Trust donor

"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 Kensington Swan

"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, Sue Barker Charities Law

"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

Get in touch

    PO Box 19120, Marion Square
    Wellington, New Zealand

    04 391 4438