International Investor






Blossum AIP Wholesale Fund


Listed on Invest NZ Acceptable Managed Funds
AIP Visa: Growth Category
Blossum AIP Wholesale Fund

Invest In New Zealand
Safe Country. Stable Economy.
Smart Investment.

Put your capital to work in one of the world’s most transparent and well-governed economies*, secured by New Zealand property, earning monthly distributions, and qualifying your path to permanent residency. Non-resident investors pay just 1.44%* tax on NZ-source interest income through our PIE fund structure. Eligible investors only.




Verify on Invest NZ

* New Zealand ranks among the top 2 countries globally for transparency and governance. Source: Transparency International Corruption Perceptions Index 2023; World Bank Worldwide Governance Indicators.

Private Credit
Fund Type
NZ SME Lending
<75%
Portfolio Avg LVR Cap
Conservative buffer
1st + 2nd
Mortgage Security
+ GSA where applicable
Monthly
Distributions
Regular income payments
1.44%*
Tax Rate
Eligible investors only

Official Recognition

Approved for the Active Investor Plus Visa: Growth Category

The Blossum AIP Wholesale Fund is officially listed on Invest New Zealand’s Acceptable Managed Funds register, confirming the Fund qualifies as an acceptable investment under Immigration NZ’s AIP visa Growth Category.

An investor migrant can provide the Invest NZ listing confirmation as direct evidence of qualifying investment at visa application, no separate fund-level approval required.


Verify listing on nzte.govt.nz

Invest New Zealand
Acceptable Managed Fund: Listed
Assessed and approved by the Invest NZ AIP Committee as meeting the criteria in Appendix 15 to the Immigration New Zealand Instructions for the Active Investor Plus visa.
AIP Approved
Growth Category
Added 10 March 2026 · Private Credit · NZ Fund

How It Works

NZ SME Private Credit: Simply Explained

Capital is deployed as loans to New Zealand small and medium businesses, supporting real-economy growth, employment and productivity, aligned with the AIP visa mandate for genuine economic contribution.

01
NZ SME Private Credit
Capital pooled and deployed as secured loans to established NZ SMEs. Every loan backed by registered first- or second ranking mortgages over NZ property.
02
Conservative Risk Controls
Portfolio-weighted average LVR capped at <75%. Max 5% per borrower. Max 20% per sector after 12 months. Conservative valuation review and active loan monitoring throughout.
03
Monthly Income Distributions
Monthly distributions throughout the full AIP visa investment period, not just at maturity. Regular reporting on portfolio composition, credit quality and performance.

Tax Advantage

Non-Resident Investors Pay Just 1.44%* Tax on NZ Interest Income

Through New Zealand’s PIE (Portfolio Investment Entity) fund structure, non-resident investors who register as Notified Foreign Investors (NFI) are taxed at just 1.44%* on NZ-source interest income, one of the lowest tax rates available to international investors anywhere in the world. Eligible investors only.

This rate is set under New Zealand law and applies specifically to interest income earned through a qualifying PIE fund. The Blossum AIP Fund is structured as a PIE, making it fully eligible.


View IRD source: Non-residents’ PIE income

PIE Tax Rates: Non-Resident Investors
Offshore income
0%
NZ-source interest income THIS FUND
1.44%*
NZ dividends (DTA country)
15%
Other NZ income
28%

Source: Inland Revenue NZ, Non-residents’ PIE income. Rates apply to Notified Foreign Investors in a foreign variable-rate PIE.

Who Qualifies

Non-residents who are not NZ tax residents, not a controlled foreign company, not a non-resident trustee of an NZ trust, and not a foreign investment fund in respect of which a New Zealand resident has an income interest of 10% or more.

How to Register

Notify the fund that you are a Notified Foreign Investor and provide your full name, date of birth, home country address, and your country’s tax identification number (TIN). Our team assists you through onboarding.

What It Means in Practice

If you are a Notified Foreign Investor, on an NZD $5M investment, NZ-sourced interest attributable to you is taxed at 1.44%* and paid at the fund level. The distributions to you are not subject to further NZ tax; and no NZ income tax return is required for this income.

* Important, eligible investors only: The 1.44% rate applies to NZ-source interest income for investors who qualify as Notified Foreign Investors (NFIs) in a foreign variable-rate PIE under New Zealand tax law. To qualify, you must not be a NZ tax resident, a controlled foreign company, a non-resident trustee of a NZ trust, or connected to a NZ resident holding ≥10% income interest in the fund. Tax treatment depends on individual circumstances. Seek independent tax advice in your country of residence before investing. View IRD source ↗

Investment Strategy

Secured Lending Across
New Zealand’s Real Economy

100% NZD-denominated private credit financing to productive NZ businesses, no direct overseas market exposure, meeting AIP visa requirements in full.

🏦
First & Second Ranking Mortgages
Secured by registered mortgages over NZ residential and commercial property, plus General Security Agreements (GSA) where applicable.
🇳🇿
100% New Zealand Focus
All assets and income in NZD. No direct overseas exposure. Directly aligned with AIP visa objectives for genuine economic contribution to New Zealand.
🏗️
Productive Sectors Only
The Fund’s sector focus includes (but is not limited to) technology, manufacturing, food & beverage, renewable energy, aged care, primary sectors, infrastructure, film, health and education.
⚖️
Disciplined Underwriting
Conservative valuation review and serviceability & exit-strategy validation on every loan. Active monitoring throughout the full term.
💸
Regular Monthly Income
Monthly distributions throughout the AIP visa investment period. Your capital earns income from day one.
📊
Transparent Reporting
Regular reporting on portfolio composition, credit quality, arrears, loan performance and distributions, clearly documented and accessible.

Portfolio Controls

Capital Protection is Our Priority

Strict portfolio construction rules designed to protect investor capital, monitored by the Investment Committee on a regular basis.

Portfolio weighted average LVR cap
<75%
Maximum single borrower exposure
5%
Maximum sector exposure (after 12 months)
20%
Typical loan term
12 to 24 mo
Fund Exclusions

To maintain a disciplined strategy the Fund excludes:

Consumer lending of any kind
Unsecured lending
Property development or passive real estate investment
Overseas companies or markets
Activities that may prejudice New Zealand’s international reputation

Governance

Investment Committee: formal portfolio oversight and regular review

Independent Advisory Board: deep credit and governance expertise

Clearly defined delegated authority framework

Active monitoring: risk metrics, diversification and compliance reviewed regularly

Capital Discipline

How We Protect Your Capital

Wholesale property credit is only as good as the rules around it. Every Blossum loan is underwritten against a strict framework, and the portfolio is monitored weekly by the Investment Committee.

Registered first mortgages

Every loan is secured by a first-ranking registered mortgage over New Zealand property. We sit ahead of any other creditor on the title.

75% portfolio LVR cap

The portfolio’s weighted-average loan-to-value ratio is held below 75%. That equity buffer absorbs property value movement before investor capital is exposed.

Conservative valuations

Independent registered valuers assess every security property, using current market evidence and as-is value, not optimistic forward projections.

Active loan monitoring

Every facility is tracked through its life: interest cover, drawdowns, completion milestones, exit progress. Issues are flagged early and managed before they become losses.

Geographic diversification

No single region carries the portfolio. Concentration limits cap exposure to any one borrower, sector or location, so a soft local market doesn’t drag the whole fund.

Short terms, defined exits

Loans run 6 to 12 months with the exit strategy underwritten at entry: refinance, sale or development completion. Capital recycles fast; risk doesn’t compound.

Returns of 8% p.a. are not guaranteed and may vary. All investments carry risk of capital loss. Past performance is not a reliable indicator of future performance. The Blossum Wholesale Fund is offered to wholesale investors only. See the Information Memorandum before investing.

Investor Eligibility

AIP Visa Pathways

The Blossum AIP Wholesale Fund qualifies under both AIP visa categories. Choose the pathway that fits your investment level and lifestyle requirements.

Growth Category
NZD $5M
AIP Visa Min. ($1M into Blossum)
36 Months
Hold Period
21 Days
NZ Presence
6 Months
To Invest
Pathway to NZ permanent residency for you and your family
Only 21 days in NZ across 3 years, highly flexible
Earn monthly distributions while qualifying
Pre-listed fund, no uncertainty at immigration stage
No prior business experience required
No upper age limit, no annual cap on visas
Partner and dependent children included

Important: Consult a licensed NZ immigration adviser. AIP requirements may change. Information current as at March 2026.

Balanced Category
NZD $10M
AIP Visa Min. ($1M into Blossum)
60 Months
Hold Period
105 Days
NZ Presence*
6 Months
To Invest
All Growth Category investments including this Fund
NZ Government & local government bonds
NZ corporate bonds
NZ property development (new residential or commercial)
Broader portfolio flexibility for larger capital bases

Note: * 105 days can be reduced by 14 days for each additional NZD $1M invested in Growth category assets (up to 42 days reduction, minimum 63 days). Consult a licensed NZ immigration adviser for personalised guidance.

How Investors Structure Their AIP Investment

The minimum investment in the Blossum fund is NZD $1M. The full AIP visa requirement is NZD $5M, investors can allocate their full $5M to Blossum, or spread across multiple qualifying funds for diversification. Our team can walk you through what structure works best for your situation.

Our Team

Experienced Leadership,
Aligned with Your Outcomes

Discover
The Team

At Blossum, we’re more than just support. We’re a catalyst for your success, ensuring your ambitions meet opportunities.

Helen Nguyen
Helen Nguyen
Managing Director

Helen is a Chartered Accountant with over eight years of experience across diverse sectors, ranging from SMEs to large corporates.

Paul Cassidy
Paul Cassidy
Head of Risk & Compliance

Paul brings over 25 years of financial services experience to Blossum, specialising in risk, compliance, and operational excellence.

Lillian Li
Lillian Li
Investment Manager

Lillian brings over 8 years of experience in private banking and wealth management, having worked with two of the world’s leading financial institutions.

Chris Kelly
Chris Kelly
Investment Manager

Chris brings over 25 years’ industry experience. His passion for investments has led him to hold significant roles with New Zealand’s largest fund managers including ASB Group Investments, AIA NZ,…

Anthony Gold, MApM
Anthony Gold, MApM
Investment Manager

Anthony Gold, MApM is Investment Manager at Blossum NZ, a New Zealand FMA/AIP‑regulated wholesale fund, where he leads institutional and qualified wholesale investor relations across the UK, Europe,…

Monika Nadan
Monika Nadan
Credit Manager

Monika is an experienced multidisciplinary lender with extensive experience in the mortgage industry. Prior to joining Blossom as a Credit Manager, Monika spent over 6 years at Pepper Money NZ as a…

McColm Cowden
McColm Cowden
Business Development Manager

McColm is a finance professional with 20 years’ experience across New Zealand and Australia, covering credit risk, compliance, finance, and operations.

Karen Courtney
Karen Courtney
Head of People and Culture

Karen Courtney is a strategic People and Culture leader, business consultant, and organisational performance specialist with deep expertise in professional services environments.

Rasneet Chawla
Rasneet Chawla
Marketing Manager

Rasneet leads marketing at Blossum, where he focuses on growing our brand and connecting with the right investors. Rasneet has over 15 years in marketing, working across six countries, including New…


Ready to Invest

Your Path to New Zealand
Starts Here.

Request the Information Memorandum, review full fund details, returns, risk factors and subscription terms. Our team will personally guide you through every step of the AIP visa investment process.

Listed on Invest NZ
1.44%* tax, eligible investors only
Monthly distributions
AIP Growth Category approved



Verify on Invest NZ →

Wholesale investors only. Past performance is not a guarantee of future returns. T&Cs apply.

1.44%*
Tax rate, eligible investors only

NZD $5M
Minimum for AIP Growth Category qualification

21 Days
Minimum NZ presence over 3 years

<75%
Portfolio avg LVR cap, property-backed security

For Immigration Advisors & Accountants

Advising clients on AIP investment?

Blossum is on the AIP acceptable-investments register. We work directly with immigration advisors, accountants and financial advisors to slot Blossum into client AIP portfolios, with fast turnaround documentation and white-label-ready materials.

Partner with Blossum →

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