Publish Date: 10/12/2024
New Zealand’s government is planning revisions to its "golden visa" program, known as the Active Investor Plus Visa, to attract more wealthy immigrants. The visa, which previously generated NZ$1 billion annually, has seen a decline in applications following rule changes implemented in 2022.
In response to this decline, the government aims to streamline investment processes, place greater emphasis on attracting foreign capital, and is considering lifting the property buying ban for foreign investors. These revisions are intended to rejuvenate the program and boost investment in New Zealand’s economy.
The proposed changes reflect the government's efforts to balance economic growth with careful regulation while seeking to maintain New Zealand's appeal to international investors.
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