NZ Politics

648 readers

30 users here now

Kia ora and welcome to the NZ Politics community!

This is a place for respectful discussions about everything that's political and kiwi

This is an inclusive space where diverse opinions are valued, but please don't be a dick

Other kiwi communities here

Banner image by Tom Ackroyd, CC-BY-SA

founded 2 years ago

MODERATORS

[email protected]

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]

11 comments fedilink hide all child comments

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.

you are viewing a single comment's thread
view the rest of the comments

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

Reading more into it, it definitely seems like he was throwing money around and courting ministers before he applied.

NZ Herald actually has a good in depth article on it: https://www.nzherald.co.nz/indepth/national/how-peter-thiel-got-new-zealand-citizenship/. It's a fairly long read.