Retirement villages

Although you can choose to retire at any age you want, the official retirement age in New Zealand is 65. This is when you become eligible to receive NZ Super (your pension) and typically gain access to their KiwiSaver. The age that you need to be to enter a Retirement...

Most retirement villages in New Zealand are officially registered with the Registrar of Retirement Villages, which sits within the Ministry of Business, Innovation and Employment (MBIE). If you’re living in a registered village, you’re protected by the Retirement Villages Act. This protects you if the village you're living in faces...

While it is true that some retirement village residents may need to receive care in another facility, it is by no means the most likely scenario. In reality, only 12.8% of Kiwis living in villages end up being moved to a different facility to receive care. And more than half...

Considering making a move to a retirement village? Our resource retirementvillages.co.nz is New Zealand’s most comprehensive guide to retirement villages, and showcases every retirement village in Aotearoa. It hosts the country’s largest selection of properties for sale, with more than 500 properties currently listed. Search available properties across every region...

At the Eldernet Group, we're proud to remain an independent, unbiased source of information for older people and their families. While we know reviews can be helpful for some when choosing a place to live, they don't always tell the full story. No one's experience is the same as another...

A care suite is a hybrid-type option that combines a village offering (meaning it requires an upfront ‘purchase’ price) and support at a higher level of care as certified by Manatū Hauora Ministry of Health and governed by the Age Related Residential Care (ARRC) Agreement. They may also be referred...

There is a range of different accommodation options to choose from in retirement villages across New Zealand. A popular choice for many people is a villa. A villa is a good option for people wanting to maximise space. Villas are commonly free standing and offer a modern open plan kitchen,...

If your retirement village unit has incurred damage as a result of a natural disaster (such as a flood), your village operator should let you know what happens next. If you need to evacuate , your village operator should give you clear instructions about what to do and where to...

You might have heard that people lose a lot of money when they move into a Retirement Village, or that entering a village is a ‘rip-off'. Generally, comments like these usually come from not fully understanding how the financial arrangements in villages work, because they're quite different from a standard...

Are Retirement Villages expensive? In short, the answer is ‘not always.’ There can be some very affordable homes within Retirement Villages, however, not all are priced at the affordable end of the market either. Just like real estate on the open market, Retirement Villages offer a range of options –...

If I live in a retirement village will I get access to the care home on-site? The truth is that if you need a high level of support and can no longer stay in your village unit, you are likely to be able to access care in the onsite care...

Retirement village residents who hold a Licence to Occupy may be eligible for the Government's full Rates Rebate, as long as they meet the income criteria. Each year, usually in mid-June, the Government updates the income and rebate thresholds. You can find more information on rates rebates in retirement villages...

The following example shows how the Deferred Management Fee (DMF) is worked out in New Zealand, and how it affects the final payment to you or your estate when you leave a retirement village. Example – Mr C Mr C chose a unit in a village close to his old...

Depending on where you want to live in New Zealand, the cost of ‘buying’ into a retirement village can vary greatly – some units can be priced in the $100,000s while others can reach into the millions. This ‘purchase’ price is known as the Capital Contribution. You can search for...

You are responsible for paying for your personal costs, such as personal contents insurance, internal maintenance to your dwelling, power, phone and paid television/streaming services. You may also find that some activities/outings incur additional costs too. Most retirement villages in New Zealand also charge weekly fees, which covers expenses such...

All retirement villages in New Zealand have associated costs, such as weekly fees. These generally cover things such as council and water rates, building insurance, external maintenance, upkeep of communal facilities, staff costs, gardening and management of the village. You are responsible for paying for your personal costs, such as...

A Disclosure Statement is one of the documents you will receive if you intend to ‘purchase’ into a village (alongside an Occupation Right Agreement ). A Disclosure Statement is an important document to read and understand, as it explains the key information about moving to a village, including the type...

Retirement villages are becoming an increasingly popular choice for older New Zealanders who want to live independently among a like-minded community of people. But what exactly is a retirement village, and what can you expect if you decide to move into one? Here's the legal definition Under Section 6 of...

In New Zealand, all registered retirement villages are required to have a Statutory Supervisor. This is an independent role, separate from the Village Manager. The statutory supervisor keeps an eye on the financial management of the village and the security of the residents. They are regulated by the Financial Markets...

The Code of Residents' Rights outlines the basic rights you have as a resident living in a New Zealand retirement village under the Retirement Villages Act. A copy of it must be given to intending residents with their disclosure statement, as well as to any resident or potential resident if...

You may be planning on making a retirement village your forever home, but life can be unpredictable. That's why it's helpful to understand the process of leaving a village before you move into one. You're free to leave a retirement village at any time you want. One important protection to...

All registered retirement villages in New Zealand are governed by the Retirement Villages Act 2003. The Retirement Villages Act and its regulations are designed to protect the interest of residents, and sets out basic standards for operating a village. These standards include things like: what information operators must disclose to...

The Retirement Villages Association (RVA) is the professional body which represents most retirement villages across New Zealand. Villages choose to become members and pay a fee to belong. In return, the RVA advocates for them in a number of areas, such as: Lobbying politicians, helping them understand the sector, raising...

This Retirement Villages Code of Practice establishes minimum requirements that retirement village operators must comply with to meet their legal obligations in New Zealand. These include some occupation right agreement terms and different types of policies an operator must have. Provisions in the code are enforceable by residents against operators....

Retirement Village Manager The retirement village manager is the legal representative of the owner or operator of a village. In practical terms, they're the one keeping things running smoothly day-to-day. Their responsibilities can include hiring staff, overseeing the maintenance of buildings and facilities, coordinating village activities, and making sure residents...

When you're exploring retirement villages in New Zealand, you'll find a wide range of accommodation options. Here's a simple breakdown of the most common choices and what they offer. Villas are standalone homes, usually with one to three bedrooms (sometimes more). They often come with their own garden or outdoor...

Villages vary greatly – you’ll notice different-sized villages, from very few units to some with hundreds; different types of units within the same complex; newer villages and older villages. You will discover the community facilities can vary, with some villages offering a wide range such as a swimming pool, bowling...

Every time you relocate within a village - whether it's to a different unit or to receive care - there are some costs to be aware of. Here's how they typically work: If you're shifting between independent living options (for example, downsizing to a smaller unit), a transfer fee is...