{"id":4296,"date":"2026-10-08T11:13:08","date_gmt":"2026-10-08T11:13:08","guid":{"rendered":"https:\/\/justandtrueimmigration.com\/blog\/?p=4296"},"modified":"2026-10-08T11:14:00","modified_gmt":"2026-10-08T11:14:00","slug":"new-zealand-immigration-update-parent-resident-visa-funds-transfer-scheme-changes","status":"publish","type":"post","link":"https:\/\/justandtrueimmigration.com\/blog\/new-zealand-immigration-update-parent-resident-visa-funds-transfer-scheme-changes\/","title":{"rendered":"New Zealand Immigration Update: Parent Resident Visa &amp; Funds Transfer Scheme Changes"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"4296\" class=\"elementor elementor-4296\">\n\t\t\t\t<div class=\"elementor-element elementor-element-6cf9c13 e-flex e-con-boxed e-con e-parent\" data-id=\"6cf9c13\" data-element_type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-f72fa93 elementor-widget elementor-widget-text-editor\" data-id=\"f72fa93\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p class=\"isSelectedEnd\">Immigration New Zealand (INZ) has introduced two important changes affecting international students and parents seeking New Zealand residence.<\/p><p class=\"isSelectedEnd\"><a href=\"https:\/\/www.justandtrueimmigration.com\/countries\/NZ\">From 7 October 2026, Bank of New Zealand (BNZ) has joined the Funds Transfer Scheme (FTS).<\/a> Eligible international students from India, China, Nepal, the Philippines, Sri Lanka and Vietnam studying at New Zealand universities and polytechnics can now choose between BNZ and ANZ under the scheme. Students at Private Training Establishments can continue using ANZ.<\/p><h4>Parent Resident Visa Moves to Hybrid Selection<\/h4><p class=\"isSelectedEnd\">From 5 October 2026, INZ has introduced a new hybrid selection system for the Parent Resident Visa.<\/p><p class=\"isSelectedEnd\">Under the new model:<\/p><ul data-spread=\"false\"><li>Around 90% of EOIs will be selected based on submission date.<\/li><li>Around 10% will be selected through a random ballot.<\/li><li>The annual approval limit remains 2,500 visas.<\/li><li>The first hybrid selection round is scheduled for 10 November 2026.<\/li><\/ul><p class=\"isSelectedEnd\">A key additional change is that Parent Resident Visa EOIs will no longer automatically expire after two years, provided applicants confirm their interest within the required timeframe.<\/p><h4>What This Means for Applicants<\/h4><p class=\"isSelectedEnd\"><strong>International students:<\/strong> Eligible students from India and the other participating countries now have an additional FTS banking option when studying at a university or polytechnic.<\/p><p class=\"isSelectedEnd\"><strong>Parent Resident Visa applicants:<\/strong> The new system provides both queue-based and ballot-based selection, but applicants must still meet all eligibility requirements before residence can be granted.<\/p><p class=\"isSelectedEnd\">Applicants should keep their contact details updated with INZ and carefully monitor their EOI status and any required confirmation.<\/p><h4>Key Dates<\/h4><ul><li><em>7 October 2026 \u2014 BNZ joins the Funds Transfer Scheme<\/em><\/li><li><em>5 October 2026 \u2014 Parent Resident Visa hybrid selection begins<\/em><\/li><li><em>10 November 2026 \u2014 First hybrid EOI selection round<\/em><\/li><\/ul><h4>NEW ZEALAND IMMIGRATION PROFILE ASSESSMENT<\/h4><p class=\"isSelectedEnd\">If you are considering study, employer sponsorship, skilled migration or family migration to New Zealand, your occupation, qualifications, experience, visa pathway and family circumstances can affect your available options.<\/p><p><strong>Just &amp; True Immigration Law &amp; Services<\/strong><br \/><strong>Immigration Lawyers | Legal Guidance | Profile Evaluation<\/strong><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>Immigration New Zealand (INZ) has introduced two important changes affecting international students and parents seeking New Zealand residence. From 7 October 2026, Bank of New Zealand (BNZ) has joined the Funds Transfer Scheme (FTS). Eligible international students from India, China, Nepal, the Philippines, Sri Lanka and Vietnam studying at New Zealand universities and polytechnics can [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":4297,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"set","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"advanced_seo_description":"","jetpack_seo_html_title":"","jetpack_seo_noindex":false,"jetpack_seo_schema_type":"","_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_post_was_ever_published":false},"categories":[16,15],"tags":[],"class_list":["post-4296","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-country-guides","category-latest-updates"],"jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":2795,"url":"https:\/\/justandtrueimmigration.com\/blog\/new-zealand-immigration-update-2026\/","url_meta":{"origin":4296,"position":0},"title":"New Zealand Immigration Update 2026: What It Really Means for Visa Holders Right Now","author":"Just &amp; True","date":"March 26, 2026","format":false,"excerpt":"In a recent update, New Zealand (INZ)\u00a0Immigration\u00a0has addressed concerns related to the situation in Iran and the wider Middle East. The department acknowledged that this is a difficult and uncertain time for many individuals, especially those facing travel disruptions or separation from family members. The update provides reassurance that New\u2026","rel":"","context":"In &quot;Latest Updates&quot;","block_context":{"text":"Latest Updates","link":"https:\/\/justandtrueimmigration.com\/blog\/category\/latest-updates\/"},"img":{"alt_text":"NZ Immigration Update 2026 Just and True Immigration law and service","src":"https:\/\/i0.wp.com\/justandtrueimmigration.com\/blog\/wp-content\/uploads\/2026\/03\/NZ-Immigration-Update-2026-Just-and-True-Immigration-law-and-service.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/justandtrueimmigration.com\/blog\/wp-content\/uploads\/2026\/03\/NZ-Immigration-Update-2026-Just-and-True-Immigration-law-and-service.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/justandtrueimmigration.com\/blog\/wp-content\/uploads\/2026\/03\/NZ-Immigration-Update-2026-Just-and-True-Immigration-law-and-service.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/justandtrueimmigration.com\/blog\/wp-content\/uploads\/2026\/03\/NZ-Immigration-Update-2026-Just-and-True-Immigration-law-and-service.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/justandtrueimmigration.com\/blog\/wp-content\/uploads\/2026\/03\/NZ-Immigration-Update-2026-Just-and-True-Immigration-law-and-service.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/justandtrueimmigration.com\/blog\/wp-content\/uploads\/2026\/03\/NZ-Immigration-Update-2026-Just-and-True-Immigration-law-and-service.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":4270,"url":"https:\/\/justandtrueimmigration.com\/blog\/new-zealand-immigration-update-visitor-visa-changes-and-new-graduate-work-visa\/","url_meta":{"origin":4296,"position":1},"title":"New Zealand Immigration Update: Visitor Visa Changes and New Graduate Work Visa","author":"Just &amp; True","date":"October 6, 2026","format":false,"excerpt":"New Zealand has introduced important immigration changes affecting visitor visa applications and international graduates.From 24 September 2026, most new visitor visa applications must be submitted through Immigration New Zealand's enhanced Immigration Online system. At the same time, a new Short-Term Graduate Work Visa is scheduled to open for applications from\u2026","rel":"","context":"In &quot;Country Guides&quot;","block_context":{"text":"Country Guides","link":"https:\/\/justandtrueimmigration.com\/blog\/category\/country-guides\/"},"img":{"alt_text":"\ud83c\uddf3\ud83c\uddff New Zealand Immigration Update: Visitor Visa Changes and New Graduate Work Visa","src":"https:\/\/i0.wp.com\/justandtrueimmigration.com\/blog\/wp-content\/uploads\/2026\/10\/New_Zealand_immigration_policy_c%E2%80%A6_2K_20261006113426-scaled.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/justandtrueimmigration.com\/blog\/wp-content\/uploads\/2026\/10\/New_Zealand_immigration_policy_c%E2%80%A6_2K_20261006113426-scaled.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/justandtrueimmigration.com\/blog\/wp-content\/uploads\/2026\/10\/New_Zealand_immigration_policy_c%E2%80%A6_2K_20261006113426-scaled.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/justandtrueimmigration.com\/blog\/wp-content\/uploads\/2026\/10\/New_Zealand_immigration_policy_c%E2%80%A6_2K_20261006113426-scaled.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/justandtrueimmigration.com\/blog\/wp-content\/uploads\/2026\/10\/New_Zealand_immigration_policy_c%E2%80%A6_2K_20261006113426-scaled.jpg?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/justandtrueimmigration.com\/blog\/wp-content\/uploads\/2026\/10\/New_Zealand_immigration_policy_c%E2%80%A6_2K_20261006113426-scaled.jpg?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":4129,"url":"https:\/\/justandtrueimmigration.com\/blog\/new-zealand-student-visa-a-complete-guide-to-student-visa-options-and-requirements-in-2026\/","url_meta":{"origin":4296,"position":2},"title":"New Zealand Student Visa: A Complete Guide to Student Visa Options and Requirements in 2026","author":"Just &amp; True","date":"September 10, 2026","format":false,"excerpt":"If you are planning to study in New Zealand for more than three months, understanding the student visa framework is an important first step. In most cases, international students need an Offer of Place from an approved New Zealand education provider before applying for the appropriate student visa. Immigration New\u2026","rel":"","context":"In &quot;Country Guides&quot;","block_context":{"text":"Country Guides","link":"https:\/\/justandtrueimmigration.com\/blog\/category\/country-guides\/"},"img":{"alt_text":"New Zealand Student Visa: A Complete Guide to Student Visa Options and Requirements in 2026","src":"https:\/\/i0.wp.com\/justandtrueimmigration.com\/blog\/wp-content\/uploads\/2026\/09\/New-Zealand-student-Visa-updated-rule-scaled.jpeg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/justandtrueimmigration.com\/blog\/wp-content\/uploads\/2026\/09\/New-Zealand-student-Visa-updated-rule-scaled.jpeg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/justandtrueimmigration.com\/blog\/wp-content\/uploads\/2026\/09\/New-Zealand-student-Visa-updated-rule-scaled.jpeg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/justandtrueimmigration.com\/blog\/wp-content\/uploads\/2026\/09\/New-Zealand-student-Visa-updated-rule-scaled.jpeg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/justandtrueimmigration.com\/blog\/wp-content\/uploads\/2026\/09\/New-Zealand-student-Visa-updated-rule-scaled.jpeg?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/justandtrueimmigration.com\/blog\/wp-content\/uploads\/2026\/09\/New-Zealand-student-Visa-updated-rule-scaled.jpeg?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":3278,"url":"https:\/\/justandtrueimmigration.com\/blog\/new-zealand-expands-english-language-requirements-for-work-visas\/","url_meta":{"origin":4296,"position":3},"title":"New Zealand Expands English Language Requirements for Work Visas","author":"Just &amp; True","date":"June 1, 2026","format":false,"excerpt":"New Zealand has introduced an important immigration change in 2026 that will affect many foreign workers planning to apply under the Accredited Employer Work Visa (AEWV) program. Immigration New Zealand (INZ) has announced that English language requirements will now extend to ANZSCO Skill Level 3 occupations, significantly expanding the number\u2026","rel":"","context":"Similar post","block_context":{"text":"Similar post","link":""},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/justandtrueimmigration.com\/blog\/wp-content\/uploads\/2026\/06\/New_Zealand_visa_English_require%E2%80%A6_202606011040.jpeg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/justandtrueimmigration.com\/blog\/wp-content\/uploads\/2026\/06\/New_Zealand_visa_English_require%E2%80%A6_202606011040.jpeg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/justandtrueimmigration.com\/blog\/wp-content\/uploads\/2026\/06\/New_Zealand_visa_English_require%E2%80%A6_202606011040.jpeg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/justandtrueimmigration.com\/blog\/wp-content\/uploads\/2026\/06\/New_Zealand_visa_English_require%E2%80%A6_202606011040.jpeg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/justandtrueimmigration.com\/blog\/wp-content\/uploads\/2026\/06\/New_Zealand_visa_English_require%E2%80%A6_202606011040.jpeg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":2953,"url":"https:\/\/justandtrueimmigration.com\/blog\/new-zealand-visa-fees-2026\/","url_meta":{"origin":4296,"position":4},"title":"New Zealand Visa Fees 2026: Full Cost Breakdown, Levies &amp; Legal Rules Explained","author":"Just &amp; True","date":"April 17, 2026","format":false,"excerpt":"Understanding visa costs for New Zealand in 2026 is not as simple as checking one fee. 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From a practical and legal perspective, your total visa expense is a combination of application\u2026","rel":"","context":"Similar post","block_context":{"text":"Similar post","link":""},"img":{"alt_text":"New Zealand Visa Fees 2026 Just and true immigration law and services","src":"https:\/\/i0.wp.com\/justandtrueimmigration.com\/blog\/wp-content\/uploads\/2026\/04\/New-Zealand-Visa-Fees-2026-Just-and-true-immigration-law-and-services.jpeg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/justandtrueimmigration.com\/blog\/wp-content\/uploads\/2026\/04\/New-Zealand-Visa-Fees-2026-Just-and-true-immigration-law-and-services.jpeg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/justandtrueimmigration.com\/blog\/wp-content\/uploads\/2026\/04\/New-Zealand-Visa-Fees-2026-Just-and-true-immigration-law-and-services.jpeg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/justandtrueimmigration.com\/blog\/wp-content\/uploads\/2026\/04\/New-Zealand-Visa-Fees-2026-Just-and-true-immigration-law-and-services.jpeg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/justandtrueimmigration.com\/blog\/wp-content\/uploads\/2026\/04\/New-Zealand-Visa-Fees-2026-Just-and-true-immigration-law-and-services.jpeg?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/justandtrueimmigration.com\/blog\/wp-content\/uploads\/2026\/04\/New-Zealand-Visa-Fees-2026-Just-and-true-immigration-law-and-services.jpeg?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":3816,"url":"https:\/\/justandtrueimmigration.com\/blog\/new-zealand-now-allows-up-to-3-courses-on-one-student-visa-up-to-5-years-new-in-person-english-test-rules-also-apply\/","url_meta":{"origin":4296,"position":5},"title":"New Zealand now allows up to 3 courses on one student visa (up to 5 years). New in-person English test rules also apply","author":"Just &amp; True","date":"July 20, 2026","format":false,"excerpt":"New Zealand has become one of the favourite study destinations for Indian students who want internationally recognised education, practical learning, and excellent post-study opportunities. With globally ranked universities, a safe environment, and a high standard of living, the country continues to attract thousands of students every year.However, getting admission into\u2026","rel":"","context":"Similar post","block_context":{"text":"Similar post","link":""},"img":{"alt_text":"New Zealand Ends At Home Oet","src":"https:\/\/i0.wp.com\/justandtrueimmigration.com\/blog\/wp-content\/uploads\/2026\/07\/New-Zealand-Ends-At-Home-Oet-scaled.jpeg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/justandtrueimmigration.com\/blog\/wp-content\/uploads\/2026\/07\/New-Zealand-Ends-At-Home-Oet-scaled.jpeg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/justandtrueimmigration.com\/blog\/wp-content\/uploads\/2026\/07\/New-Zealand-Ends-At-Home-Oet-scaled.jpeg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/justandtrueimmigration.com\/blog\/wp-content\/uploads\/2026\/07\/New-Zealand-Ends-At-Home-Oet-scaled.jpeg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/justandtrueimmigration.com\/blog\/wp-content\/uploads\/2026\/07\/New-Zealand-Ends-At-Home-Oet-scaled.jpeg?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/justandtrueimmigration.com\/blog\/wp-content\/uploads\/2026\/07\/New-Zealand-Ends-At-Home-Oet-scaled.jpeg?resize=1400%2C800&ssl=1 4x"},"classes":[]}],"jetpack_featured_media_url":"https:\/\/justandtrueimmigration.com\/blog\/wp-content\/uploads\/2026\/10\/New_Zealand_immigration_policy_u\u2026_2K_20261008111631-scaled.jpg","_links":{"self":[{"href":"https:\/\/justandtrueimmigration.com\/blog\/wp-json\/wp\/v2\/posts\/4296","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/justandtrueimmigration.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/justandtrueimmigration.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/justandtrueimmigration.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/justandtrueimmigration.com\/blog\/wp-json\/wp\/v2\/comments?post=4296"}],"version-history":[{"count":4,"href":"https:\/\/justandtrueimmigration.com\/blog\/wp-json\/wp\/v2\/posts\/4296\/revisions"}],"predecessor-version":[{"id":4301,"href":"https:\/\/justandtrueimmigration.com\/blog\/wp-json\/wp\/v2\/posts\/4296\/revisions\/4301"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/justandtrueimmigration.com\/blog\/wp-json\/wp\/v2\/media\/4297"}],"wp:attachment":[{"href":"https:\/\/justandtrueimmigration.com\/blog\/wp-json\/wp\/v2\/media?parent=4296"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/justandtrueimmigration.com\/blog\/wp-json\/wp\/v2\/categories?post=4296"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/justandtrueimmigration.com\/blog\/wp-json\/wp\/v2\/tags?post=4296"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}