Source: Radio New Zealand
Immigration Minister Erica Stanford is set to give an update on the government’s so-called ‘golden visa’, which aims to attract investors with at least $5 million to spend.
Stanford is expected to speak to media at 2.30pm.
Changes to the Active Investor Plus visa took effect in April last year, bringing in two categories – riskier ‘growth’ investments of $5m-plus over three years and lower-risk ‘balanced’ investments of $10m-plus over five years – and reducing other barriers, including time spent in New Zealand and an English language test.
Immigration Minister Erica Stanford. RNZ / Samuel Rillstone
The minimum investment amount had previously been $15m.
An update showed Immigration had received 532 applications for the visas between 1 April 2025, when the settings changed and 19 January, with the bulk of those – 423 – being in the ‘growth’ category.
Of those, 392 had been approved, at least in principle, 134 were still being assessed, and six had been withdrawn.
In total, it amounted to a minimum investment of $3.16b – with $926.2m of that already committed.
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– Published by EveningReport.nz and AsiaPacificReport.nz, see: MIL OSI in partnership with Radio New Zealand
