Economy

Investor visa priority equals billion dollar boost to economy

Jacques Steenkamp
Wed, 07 Apr 2021

Investor visa priority equals billion dollar boost to economy
Startup Queenstown Lakes chief executive Olivia Wensley welcomed the government’s commitment to attracting wealthy investors to New Zealand.
Jacques Steenkamp
Wed, 07 Apr 2021
New Zealand appears to be lagging behind Australia when it comes to attracting and prioritising visas for wealthy investors, especially those working in the tech industry.Various business leaders and experts have called on the government to make it easier for "tech giants" to relocate themselves and their businesses to NZ.But closed borders, limited space in MIQ facilities and a lack of priority from the NZ government to fast-track investor visas have resulted in hundreds of unprocessed visas and billions of dollars worth of investmen...

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