The New Zealand government has created a new immigrant visa for investors to attract experienced, large investors to invest in the national business.
According to a statement from the Minister of Economic and Regional Development Stuart Nashб, Active Investor Plus visa will replace the old categories of investment visas and require migrants to invest in New Zealand enterprises.
Quote. "We want to encourage active investment in New Zealand, which creates more highly skilled jobs and provides economic growth compared to the passive investment," Nash said.
Conditions. The requirements for an application for a new visa include a minimum investment of 5 million New Zealand dollars ($3.1 million), and only 50% of this amount can be invested in shares listed on the stock exchange. The visa will be launched on September 19, 2022.
Source: Reuters
Photo: Partha Narasimhan