New Zealand Loosens Visa Rules To Lure Foreign Investors

New Zealand will ease visa rules to attract more foreign investors as part of its efforts to stimulate economic growth, the country’s center-right government announced, Sam McKeith reported for Reuters.

Immigration Minister Erica Stanford said the country’s investor visa category would be made “simpler and more flexible” to encourage investors to bring their "capital, skills, and international connections" to New Zealand.

Immigration Minister Erica Stanford said the country’s investor visa category would be made “simpler and more flexible” to encourage investors to bring their "capital, skills, and international connections" to New Zealand.

“These changes will turbocharge our economic growth, bringing brighter days ahead for all Kiwis,” she added.

Stanford also announced the creation of two new visa categories—one for “higher-risk investments” and another for “mixed investments.”

The changes, set to take effect on April 1, follow the government’s recent relaxation of visa rules allowing holidaymakers to work remotely while visiting, a move aimed at boosting tourism.

After slipping into a technical recession in the third quarter of 2024, New Zealand’s government is actively seeking ways to bolster economic growth.