US EditionNew Zealand Overhauls Investor Visa to Attract Wealthy Migrants
- Investors will now only need to stay in New Zealand for 21 days to gain residency under the new changes to the 'Golden Visa', according to Immigration Minister Erica Stanford.
- Starting on 1 April, the Active Investor Plus Visa will be replaced with two simplified investment categories.
- The changes aim to attract wealthy immigrants and assist in economic recovery by removing the English-language requirement.
- Stanford stated that capital is highly mobile, and New Zealand should encourage investor migrants to choose it as a destination for their capital.
41 Articles
41 Articles
Among the changes made by the New Zealand government are the elimination of the English proficiency test and the expansion of the types of investments accepted. Contrary to European countries, New Zealand is easing the requirements for its Golden Visa program, in an attempt to attract wealthy immigrants and boost economic recovery after the 2024 recession. The main changes include the elimination of the English proficiency test, the expansion o…
New Zealand Loosens Global Visa Rules: $5 Million and Just 21 Days Over 3 Years
Wealthy people will now be able to gain New Zealand residency by investing as little as $5 million (US$2.83 million) for a minimum of three years under changes announced by the government. And they will need to be in the country for only 21 days during that time. That deal is offered under the “Growth” category visa, focusing on higher-risk investments, including direct buying into New Zealand businesses. A second category, the “Balanced” visa, …
Visa changes to attract investment from wealthy migrants
Prime Minister Christopher Luxon, left, and Economic Growth Minister Nicola Willis are making changes to encourage wealthy migrants to invest in New Zealand. Times file photo The coalition Government says it’s modernising visa settings to incentivise migrants to invest in New Zealand. “Foreign investment has the potential to provide jobs for Kiwis, lift incomes by delivering new businesses and investing in existing ones,” Economic Growth Ministe…
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