Golden visa residency cash mostly going to private credit and managed funds

Golden visa residency cash mostly going to private credit and managed funds
Paul Carman is one of the founders of Private Capital Group. (Image: Private Capital Group)
Rebecca Stevenson
Golden visa applicants are pouring millions into managed funds, with private credit and debt funds devouring the lion’s share. Most of the money being committed by international investors in return for New Zealand residency under the new-look active investor programme is destined for managed funds, followed by bonds, with direct investments and listed equities far behind. The rebooted golden visa scheme launched on April 1, with two new investor visa categories, reduced days to be spent in NZ and a broader range of eligible inve...

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