Investor visa priority equals billion dollar boost to economy

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
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...

More Economy

OceanaGold says new Waihi mine will yield 34 million grams of gold
Economy

OceanaGold says new Waihi mine will yield 34 million grams of gold

Wharekirauponga Underground is one of the Government's fast-track projects.

Greg Hurrell 12 Dec 2024
Card spending eases in November vs October
Retail

Card spending eases in November vs October

But there is cheer for the hospitality industry. 

NZers fear RBNZ's digital currency plan's privacy risks
Economy

NZers fear RBNZ's digital currency plan's privacy risks

The biggest concern about digital cash is the potential for Government control.

Rebecca Howard 10 Dec 2024
RBA set to keep rates steady while growth concerns linger
Finance

RBA set to keep rates steady while growth concerns linger

The central bank’s policy meeting is slated for Tuesday