New Zealand ‘golden visa’ applications surge under looser rules

The new scheme, which came into effect in April, removed English-language requirements and lowered the investment threshold for the “growth” visas to NZ$5mn (US$3mn). Applicants must spend just 21 days in the country to establish residency, down from three years. The application process has also been cut to 11 days, on average, according to the immigration department.

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