If I sponsor dependents, do I need to show an additional 5 lakhs INR on top of the 11 lakhs INR in New Zealand?
No, you do not need to show an additional fixed amount like ₹ 5 lakh on top of your own funds for dependents. New Zealand requires you to show funds in NZD for living expenses:
- NZD $20,000/year for yourself
- NZD $7,000/year for each dependent child
- No separate amount typically required for a partner
You can convert these to INR using the current exchange rate, which is subject to change. Prepaid accommodation can be deducted from the required funds.
Cash income, business income or no ITR?
See whether your funds and documents will pass the NZ visa check.
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