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New Zealand revises its "golden visa" program to attract more wealthy immigrants due to a decline in applications.
New Zealand plans to revise its "golden visa" program to attract more wealthy immigrants.
The Active Investor Plus Visa, which previously generated NZ$1 billion annually, has seen a decline since 2022 rule changes.
Only 35 applications were fully approved over the past two years.
Finance Minister Nicola Willis announced reforms to expedite overseas investments and emphasize the need for foreign capital.
The government also considers relaxing rules on foreign house purchases.
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Nueva Zelanda revisa su programa de "visa de oro" para atraer a inmigrantes más ricos debido a la disminución de las solicitudes.