In June 2023, Immigration New Zealand (INZ) introduced a fresh Skilled Migrant Category (SMC) aimed at bolstering economic growth and providing a pathway to residency for highly-skilled and higher-income individuals. Unlike previous categories, this new SMC employs a straightforward six-point skills assessment system and does not impose an annual cap on the number of immigrants eligible to enter New Zealand through this scheme.
To be eligible for residency under the new SMC, applicants must meet the following criteria:
- Age: They must be 55 years old or younger at the time of submitting their application.
- Health and Character: Applicants must meet the required health and character standards.
- English Proficiency: They should demonstrate an acceptable level of English proficiency.
- Skilled Employment: Applicants must have skilled employment with an accredited employer, which will be categorized based on ANZSCO levels and corresponding wages. This includes ANZSCO levels 1-3 with payment at the median wage (NZ$29.66 hourly) or ANZSCO levels 4-5 with payment at 1.5 times the median wage (NZ$44.49 hourly).
- Six Eligibility Points: Applicants need to claim a total of six eligibility points.
Points can be earned in the following ways:
- Occupational registration
- Possession of a recognized qualification
- Meeting specific income thresholds
Moreover, individuals with skilled New Zealand work experience can earn an additional three points, at a rate of one point per year.
The new SMC is expected to benefit individuals who hold PhD qualifications, occupations requiring six or more years of training (such as doctors), and high-income earners earning NZ$88.98/hourly. These individuals can achieve the required six points for residency without needing any previous skilled New Zealand employment. This new category is designed to attract and retain highly-talented individuals who can contribute to New Zealand’s economic growth and development.
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