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New Zealand revamps 'Golden Visa'

New Zealand Revamps ‘Golden Visa’ to Attract Wealthy Investors

In a strategic move to bolster its economy, New Zealand has announced significant revisions to its ‘Golden Visa’ program, officially known as the Active Investor Plus (AIP) visa. Effective April 1, 2025, these changes aim to attract high-net-worth individuals by simplifying investment categories and easing application requirements.

The revamped AIP visa introduces two distinct investment pathways: the ‘Growth’ category and the ‘Balanced’ category. The ‘Growth’ category requires a minimum investment of NZD 5 million over three years, focusing on high-risk, direct investments into New Zealand businesses. In contrast, the ‘Balanced’ category necessitates a NZD 10 million investment over five years, allowing for a diversified portfolio that includes bonds and real estate, such as new residential or commercial developments.

To make the program more accessible, the government has removed the English language proficiency requirement and reduced the number of days investors must physically reside in the country. These adjustments address previous criticisms that stringent rules deterred potential applicants, leading to a decline in interest and investment. Prime Minister Christopher Luxon emphasized that the reforms are designed to welcome foreign capital and expertise, aligning with the government’s strategy to stimulate economic growth amid recent recessionary trends.

These changes are part of a broader effort to position New Zealand as an attractive destination for global investors and talent. By offering a more flexible and appealing investment visa program, the country aims to rejuvenate its economy and foster innovation through the infusion of foreign capital and skills