New Zealand drops barriers in Golden visa rules to attract wealthy investors

New Zealand drops barriers in Golden visa rules to attract wealthy investors

The Active Investor Plus visa initially brought in about NZ$1 billion ($570 million) annually by attracting wealthy individuals. However, stricter rules introduced in late 2022 caused applications to plummet. New Zealand is revamping its “golden visa” program, removing the English language requirement and easing other restrictions to attract wealthy investors and boost its post-recession recovery….