Investor policy changes to encourage growthImmigration Minister Michael Woodhouse says changes to the migrant investor policy will encourage investments that provide greater economic benefits for New Zealand.
“There’s no doubt the Migrant Investor categories are performing well with $2.9 billion invested since they were launched in July 2009 and a further $2.1 billion in funds committed,” Mr Woodhouse says.
“However, around two thirds of investment is currently placed in bonds and the government believes there is an opportunity to rebalance this towards growth-oriented investments.
“That is why we are making changes to increase the amount and performance of investment while better recognising the non-financial contribution of migrant investors.”
The changes include:
The changes will come into effect in May 2017.
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