"The new rules for the Active Investor Plus visa came into effect in April and lowered investment thresholds, removed English-language requirements and cut the amount of time applicants must spend in the country to establish residency from three years to three weeks. Immigration New Zealand says the scheme offering residency to wealthy foreigners has now attracted 308 applications, representing 1,000 people, under the new rules. Before the changes, the visa attracted 116 applications over two-and-a-half years."
"The Asian markets could be seeking lower tax thresholds and less bureaucracy, while lifestyle changes and the natural environment could be pull factors across the board, said Marcus Beveridge, an immigration lawyer and managing director of Queen City Law. Immigration chart Immigration chart Clearly geopolitical issues for those in North America and Europe will be material, Beveridge said. Trump is probably beneficial for New Zealand in some ways, in terms of there being more interest, he said, while adding the overall numbers were still low."
New Zealand relaxed requirements for the Active Investor Plus visa in April, lowering investment thresholds, removing English-language tests and reducing residency presence from three years to three weeks. The changes produced 308 applications representing about 1,000 people, versus 116 applications in the prior two-and-a-half years. Investors from the US account for the largest share, followed by China and Hong Kong, with other applicants from Europe and Asia. Motivations include lower tax thresholds, reduced bureaucracy, lifestyle preferences and the natural environment. Geopolitical concerns and political developments abroad have influenced increased interest in New Zealand as a residency option.
Read at www.theguardian.com
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