Golden Visa Reset Tempts Wealthy to Eye New Zealand as Haven
New Zealand is looking for foreign capital to spark economic growth and fund new infrastructure.
Photographer: Birgit Krippner/BloombergThis article is for subscribers only.
New Zealand is seeing “red hot” interest in its revamped golden visa program from the US and Europe as rising geopolitical tensions prompt wealthy people to consider options abroad, Immigration Minister Erica Stanford said.
Applications for the Active Investor Plus visa open Tuesday in Wellington following an overhaul designed to make the program more appealing to affluent migrants. Changes include scrapping the English-language requirement, reducing the time investors must spend in the country, lowering minimum investment thresholds and simplifying investment categories.