New Zealand: On Wednesday, the New Zealand government said it had created a new expatriate visa to attract experienced, high-value investors to invest in domestic businesses.
Economic and Regional Development Minister Stuart Nash said the new Active Investor Plus visa would replace the old investment visa categories and require expatriates to invest in New Zealand businesses.
He said that old visas often result in expatriates investing in stocks and bonds instead of investing directly in New Zealand companies.
“We want to encourage active investment into New Zealand, which generates more high-skilled jobs and economic growth than passive investment,” Nash said.
Eligibility criteria for the new visa include a minimum NZ$5 million ($3.1 million) investment, and only 50% can be invested in listed equities. The visa category will open on September 19, 2022.