> Demand for New Zealand’s “golden visas” has increased sharply in the past six weeks under new, looser rules, and most new applications are from the US.
> New Zealand eased the rules of its golden visa program in February, part of a push by Prime Minister Christopher Luxon’s centre-right government to attract more foreign investment to boost the country’s flagging economy.
Archived link – https://archive.md/xSZrg
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> Of the new applications, 55 came from the US, the largest single source country, followed by Hong Kong at 15 and China at 12, according to the department.
> Stuart Nash, a former immigration minister who co-founded relocation consultancy Nash Kelly Global last year, said US President Donald Trump’s re-election had been a catalyst for many wealthy Americans to seek residency abroad.
> “It’s the main driver,” he said. “Many of the people applying are of a different political persuasion to President Trump.”
So much for “no one” is moving abroad after Trump gets elected lol
> The new scheme, which came into effect in April, removed English-language requirements and lowered the investment threshold for the “growth” visas to NZ$5mn (US$3mn). Applicants must spend just 21 days in the country to establish residency, down from three years. The application process has also been cut to 11 days, on average, according to the immigration department.
“Only” 3 million.
I’m literally moving out of the United States myself in a few months, for non-political reasons, but this article seems silly.