Stuart Nash: Minister expects new visa laws to bring greater level of investment into NZ business

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Recorded19 Jul 2022

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You have to invest in a way that adds value to New Zealand.That's the Government's message to cashed-up foreigners seeking residence, as it replaces the Investor 1 and 2 categories with a new Active Investor Plus visa.Eligibility includes having a $5 million dollars, with limits on some investment types.Economic and Regional Development Minister, Stuart Nash, says they want every dollar invested, making a difference.He says in the past 50 percent of money invested was in private or Government bonds, which weren't providing much benefit.Nash says they're expecting to see a greater level of investment into New Zealand companies or funds.LISTEN ABOVESee omnystudio.com/listener for privacy information.

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