ANZ Bank has undergone a restructuring process that involved separating its banking and non-banking businesses and establishing a new parent company as a non-operating holding entity. Prior to the restructuring, ANZ equities were issued by the Australia and New Zealand Banking Group which is a New Zealand registered bank. The equities were, therefore an acceptable investment for immigration purposes. However, as a result of the restructuring, ANZ Bank now issues equities through a non-operating holding company called ANZ Group Holdings Limited (ANZ GHL). ANZ GHL is incorporated overseas and is not a registered bank in New Zealand, which means that the equities may no longer be considered acceptable for immigration purposes. It is important to take into account that investor, parent, and temporary retirement applicants may encounter varying impacts depending on their current stage in their immigration procedures. Would you like to talk to an adviser?
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For several years now, New Zealand has consistently been placed in the top 10 happiest countries in the world, and this year is no different. According to the 2023 World Happiness Report, New Zealand has claimed the 10th spot. This is particularly exciting news for individuals who are contemplating moving to New Zealand as it serves as a reaffirmation of what many have already come to realize: New Zealand is an excellent place to call home. The UN Sustainable Development Solutions Network has released a report ranking over 150 countries based on their average life evaluations from 2020-2022. It uses six key factors including social support, income, health, freedom, generosity, and absence of corruption to determine each country's happiness level. The report also examines the happiness gap between the top and bottom halves of the population in each country ranked, highlighting that the gap is smaller in countries where almost everyone is very unhappy or in top countries where almost no one is unhappy. New Zealand scored highly in all of these areas, which is why it has consistently been ranked among the happiest countries in the world. For migrants considering a move to New Zealand, this ranking should be seen as a positive endorsement of the country's welcoming and inclusive culture, as well as its high standard of living. New Zealand has a strong economy, world-class healthcare, and a diverse range of opportunities for work and education. It is also a safe and secure country, with low crime rates and a stable political environment. For those considering a move to New Zealand, it is important to remember that the country has a strong immigration system, with clear pathways for skilled workers, entrepreneurs, and investors. The country is also known for its friendly and welcoming people, which makes it easy to settle in and make new friends. Overall, New Zealand's ranking as the 10th happiest country in the world is a testament to its quality of life, strong social fabric, and commitment to well-being. For migrants considering a move, it should be seen as an endorsement of the country's many strengths and a compelling reason to explore the opportunities that New Zealand has to offer. Ready to start your immigration journey?New Zealand's Immigration Minister, Michael Wood, has announced that over 160,000 people have become New Zealand residents since the processing of 80% of 2021 Resident Visa applications has been completed. The 2021 Resident Visa is one of the measures taken by the government to address the global skills shortage caused by COVID-19. The top occupations represented among the new residents are nurses, early childhood education teachers, software engineers, and primary school teachers.
The government is working to unlock additional labour through the Accredited Employer Work Visa, the expansion of the Green List, reopening the Pacific Access Category and Samoa Quota, and resuming the Skilled Migrant Category and Parent Category. The immigration plan seems to be paying off, as there have been significant increases in migrant arrivals month on month, and international migration numbers show a steady increase. The Working Holiday Scheme has also been in high demand, with over 53,300 visas granted and over 33,900 people welcomed into the country. Although the vast majority of applications have been processed, some applicants are still waiting to hear the outcome of their applications, and INZ is working to process them as quickly as possible. Source: https://www.beehive.govt.nz/release/more-160000-new-kiwis-call-nz-home |
AuthorImmigration Trust Team Archives
January 2025
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