Economy

Investor visa priority equals billion dollar boost to economy

Jacques Steenkamp
Wed, 07 Apr 2021

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...

Use the information you’ve already given Google to create your subscription.

Not convinced yet?

Subscribe to our Daily News Update free newsletter.

Markets analysis
KiwiSaver: The cost of being too conservative
Andy Fyers | Wed, 23 Jun 2021

A seemingly sensible decision to hold default KiwiSaver in low-risk funds, proved to be a costly one.

Opinion
Regulation shortfall as platforms hit high times
David Chaplin | Wed, 23 Jun 2021

New Zealand investors are getting very comfortable using new, 'micro-investing' platforms, making gaps in their regulation important to address.

Finance
NZ may not feel full covid economic impact for 2, 3 years
Jenny Ruth | Wed, 23 Jun 2021

Banks hadn't accounted for unprecedented government economic support when they estimated likely covid losses early into the crisis.

Partner Content
Business events are increasingly important for corporates

Working from home is great, but there's real value in face-to-face connections.

Sponsored
Centuria provides new opportunities for industrial property investors

Centuria Capital is embarking on its second capital raising since merging with Augusta Capital in 2020.