Resident visa scheme driving investment where it's most needed: NZTE

Tech startup company NovoLabs is a potential beneficiary of AIP visa investment.

Wed, 06 Mar 2024

A residence visa scheme launched in 2022 has so far led to $17 million of investments going into New Zealand with more to come, NZ Trade and Enterprise says.According to NZ Trade and Enterprise (NZTE), the active investor plus (AIP) visa scheme was attracting overseas investment into more production parts of the economy than had earlier schemes.The NZTE’s general manager of investment, Dylan Lawrence, said the current visa scheme was designed to get more out of investors than just their money. "Most of these people are weal...

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