Wealthy migrant investors pushed to Australia

Wealthy migrant investors pushed to Australia
Brent Melville
Closed borders and a rudderless Immigration New Zealand means there is $2 billion trapped in stalled migrant investor visa applications, money which could be flowing into the country’s economy, immigration experts say.Immigration firms told BusinessDesk there has been a “significant" uptick in interest from wealthy individuals and families who were keen on buying their way into NZ, and in particular out of the US. But, they said, Immigration NZ has let the applications pile up while the borders were closed.It is understood ther...

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