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Become a member

Start your journey with NZIV

Once your application for registration with the New Zealand Valuers Registration Board has been confirmed you will receive a welcome letter from the New Zealand Institute of Valuers (NZIV) confirming full member status.

Your Valuers Registration Board status impacts on your membership with the Institute. If you hold Non-Practicing Valuer Registration or Practicing Valuer Registration, then you are required to remain as a full member and complete the annual CPD requirements set by the Institute.

Senior membership (SNZIV) with NZIV can be applied for one year post registration. Please refer to the SNZIV process document regarding the process to advance your membership. 

Membership types

Explore NZIV membership options

The members of the Institute shall be divided into the following categories

Student

Individuals enrolled in a course of study leading towards a recognised qualification in valuation or another property-related profession.

You can apply for the student membership if you are enrolled in an approved course of study towards valuation or other property related professional qualification.

Student Application Form

Graduate

For individuals who have completed a relevant degree in valuation or another property-related field and are gaining professional experience towards registration or another recognised valuation pathway

Membership Benefits

  • Affiliation with NZIV: Connect with a prestigious organisation and be recognised as part of the professional community.
  • Communications and Information: Stay updated with the latest news, trends, and developments in the valuation profession.
  • CPD Events at Member Pricing: Attend Continuing Professional Development (CPD) events at discounted rates, helping you to grow and develop your skills.
  • Professional Networking: Engage with experienced professionals and peers, expanding your professional network.
  • Career Development: Gain insights and guidance from industry experts, enhancing your career prospects.

Eligibility 

To be eligible for Graduate Membership, applicants must:

  • Be of good character and reputation.
  • Have attained an educational standard satisfactory to the Council.
  • Be engaged in a field related to valuation and capable of contributing to the profession.

Graduate Application Form

Plant and Machinery Member

Plant and Machinery Members are professionals who specialise in the valuation of non-real property assets, including plant, machinery and infrastructure.

Registered Plant and Machinery Valuers are qualified to provide independent valuation advice across a wide range of asset types, including mobile plant and industrial equipment, manufacturing and processing assets, airports, ports, and local authority infrastructure. They are required to adhere to the NZIV Code of Ethics.

Plant and Machinery application form

Affiliate Association

Affiliate Members are professionals with relevant qualifications or experience in the property or valuation sector who are not registered valuers. They are admitted by Council, enjoy full membership privileges (including voting rights) and may progress to full membership upon gaining registration.

Affiliates must pay annual subscriptions as prescribed by the Council and can attend general meetings of the Institute and any Branch. Affiliates enjoy certain privileges but are not considered full members and must adhere to the Code of Ethics.

Application form.

Full Member (MNZIV)

A Registered Valuer with an annual practicing or non-practicing certificate.

Full voting rights.

Senior (SNZIV)

Progression through your career.

  • Demonstrates your development to the NZIV Council, local Branches, and clients
  • Enhances your professional credibility
  • Contributes to raising the standard and reputation of the valuation profession
  • The next step in your valuation career.

SNZIV Process Document
SNZIV Application Form

Fellow (FNZIV)

A Fellow has deemed to have attained a significant professional standing.

This includes recognition for services to the profession and the Institute over an extended period.

Nominated at local branch level. 

Life Member FNZIV (Life)

Life Membership is the highest honour that a member can receive from the Institute. It recognises the exceptional career of senior members of the profession, widely respected both in the community and in the profession.

Their outstanding career achievements and contributions to the profession.

Award recipients

Honorary Member

Honorary Membership is reserved for individuals who are not current members of NZIV but who:

  • Have provided exceptional service to the Institute, or
  • Possess distinguished knowledge and experience in fields related to valuation.

Candidates are nominated and must be approved by a unanimous vote of the NZIV Council.

Honorary Members enjoy:

  • Lifetime access to all the privileges of a financial member
  • No membership fees or dues
  • Recognition as a valued contributor to the profession

Please note: Honorary Members do not have voting rights and cannot hold office within the Institute.

 

Retired Member

Retired is defined as any member retired from all paid employment.

To apply for Retired member status, you must first contact the VRB registrar to inform them of your intent to retire.

Contact VRB here.

Membership Concessions

Overseas

  • Overseas concessions are available to members based overseas who do not hold a current Annual Practicing Certificate.

Contact us here.

Membership fees

Understand your annual dues

Membership of the New Zealand Institute of Valuers is mandatory for anyone holding registration as a Valuer in New Zealand.  All fees shown are exclusive of GST.

Student

Annual Cost (2026)

  • $0.00
Graduate

Annual Cost (2026)

  • $650.87 +GST
Plant and Machinery Member

The NZIV membership year runs from 1 January to 31 December.

Membership is free for the remainder of 2026. Invoices for the 2027 membership year will be issued in November 2026 and are due for payment by 1 January 2027.

Annual Cost (available on request)

Affiliate Association

Annual Cost (2026)

  • $650.87 +GST
Member (MNZIV)

Annual Cost (2026)

  • $1,211.96 +GST
Senior (SNZIV)

Annual Cost (2026)

  • $1,211.96 +GST
Fellow (FNZIV)

Annual Cost (2026)

  • $1,211.96 +GST
Retired*

Annual Cost (2026)

  • $0.00

 

*Retired is defined as any member retired from all paid employment

Membership Concessions

Overseas:

Annual Cost (2026)

  • $730.00 [note that no GST is charged on the Overseas Membership Fee]

 

Honorary Fellows / Life members:

Annual Cost (2026)

  • Complimentary

Membership Concession application form

These circumstances include, (1) Maternity, paternity or parental leave; (2) Full time study; (3) Caring for dependents (including elderly parents); (4) Suffered illness or injury to such an extent that you are incapable of working. 

Members who are temporarily withdrawn from the workforce for a period greater than 6 months, and up to maximum of 2 years, due to the circumstances listed above, can use this form to apply for a membership concession.

For more details, please refer to the Membership Concession Policy

Advancement to Fellow (FNZIV)

Membership advancement to Fellowship (FNZIV)

Advancement to Fellow (FNZIV) within the New Zealand Institute of Valuers (NZIV) is a recognition of outstanding achievement and contribution to the profession. It is not automatic upon reaching a certain membership level, but requires nomination by a Branch Committee and approval by the NZIV Council. Fellows are entitled to use the designation FNZIV.

How does a member advance to Fellow? 

  • Nomination: A member's Fellowship Committee within their local branch makes a recommendation to the NZIV Council for advancement to Fellow.
  • Recognition: Fellowship recognises members for their "outstanding career achievements and contributions to the profession".
  • Advanced Skills and Esteem: The Council considers factors like advanced skills, exceptional service to the profession, and the esteem in which they are held by members and the community.
  • Compliance: Applicants must comply with all requirements specified by the NZIV Council. 
  • Minimum Senior Membership: Advancement from Senior to Fellow is not automatic and requires at least six years as a Senior member (SNZIV). 

Reciprocity

Recognised overseas valuation standards

NZIV has reciprocity agreements with countries where it has been established that education and practice standards are equivalent to those required by the New Zealand Valuers Registration Board for obtaining registration. Please refer to their website for more information.

Singapore

The Singapore Institute of Surveyors and Valuers (SISV)

Great Britain

Royal Institution of Chartered Surveyors (RICS) Valuation Faculty (formerly General Practice Division)

Canada

Appraisal Institute of Canada (AIC). The applicant must have an Accredited Appraiser Canadian Institute (AACI) status in the Appraisal Institute of Canada and be in good standing with the Institute.

Australia

The Trans-Tasman Mutual recognition Act 1997 makes it easier for New Zealand Registered Valuers to practice in Australia and for Australian registered Valuers to practice in New Zealand. The Valuers Registration Board of New Zealand will be able to provide more information to Australian based valuers wanting to practice in New Zealand.