Tuariki Delamere: former Immigration Minister on the Active Investor Plus visa only attracting 14 applicants in six months

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Recorded11 Apr 2023

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A previous Immigration Minister isn't surprised at the dwindling Active Investor Plus visa applications. This visa, designed to attract wealthy individuals who can invest millions of dollars into New Zealand companies, has only drawn in 14 applications in the past six months. Former Immigration Minister Tuariki Delamere blames the changes to the scheme for the lack of applications, including the English language requirement and $15 million minimum threshold. "Anyone who wants to invest and go somewhere like Australia, they're only requiring $1.5 million. Poms, $2 million. Americans want about $1 million and Canadians want less than a million." LISTEN ABOVE See omnystudio.com/listener for privacy information.

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