NZ Politics

648 readers

32 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] 2 points 3 months ago (1 children)

If a single person is making or overriding a decision than the next minister should be able to revoke it.

This way people like Theil will have to continue to bribe all parties in government every few years instead of bribing just once.

[–] [email protected] 1 points 3 months ago

I mean, they do apparently have this power. Seems they revoke citizenship from time to time.