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Investor would only have to remain in New Zealand for 21 days under changes to so-called 'golden visa' (www.rnz.co.nz)

submitted 3 months ago by [email protected] to c/[email protected]

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Investors will only have to remain in New Zealand for 21 days over three years to gain residency under changes to the so-called 'golden visa' to attract wealthy investors to New Zealand, Immigration Minister Erica Stanford says.

From 1 April, the Active Investor Plus visa will be replaced with two, simplified investment categories.

The first, the 'Growth' category, will focus on higher-risk investments, including direct investments in New Zealand businesses.

It will require a minimum investment of $5 million for a minimum period of three years.

The second, the 'Balanced' category, will focus on mixed investments, with the ability to choose ones that are lower risk.

There will be a minimum investment of $10 million over five years.

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[–] [email protected] 4 points 3 months ago

So here is what I get from this.

Create a business in the growth category. This is pretty easy, just take lemmy code and create a social media site. Super high risk.
Contact somebody overseas and tell them you'll accept 5 million dollars in investment for this business. Once they invest they can become citizens.

3 .....

Profit!