Bring those billions here
The Post reports:
New Zealand is capitalising on global instability — including the so-called “Trump effect” — with hundreds of wealthy Americans seeking residency by investing billions in the country.
Less than a year after the Active Investor Plus visa was revamped to make it more attractive, 573 applications worth nearly $3.4 billion have been approved or committed — about half from the United States.
Around $1.05b has already been invested into New Zealand businesses, with a further $2.34b expected to be deployed over the next six months.
Immigration Minister Erica Stanford said she was under no illusions about the timing behind the surge. “It’s a visa at the right time.”
It’s a win-win. We get more wealth individuals living in NZ, and paying tax to fund our schools and hospitals. Businesses get more capital, and the investors get to live in a country where your chance of being shot by the Police at a protest is basically zero.
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