Video: Retirement Village Entry Fees Explained NZ

The entry fee is the capital sum you pay for a home in a retirement village. In most cases, this gives you a Licence to Occupy rather than ownership of the home and land, so the entry fee is generally lower than the price of a similar residential property in the same area.

This short video explains how entry fees work when moving into a retirement village.

For more detail, read our article on the costs of living in a retirement village.