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flag A record number of Americans are applying for New Zealand’s new investor visa, driven by relaxed rules and significant investment commitments.

flag A record number of Americans are applying for New Zealand’s revamped investor visa, with nearly 40% of 573 applications coming from the U.S. since policy changes took effect in April 2025. flag The program now requires a NZ$5 million (about $3 million) investment over three years or NZ$10 million over five years, removes English requirements, and cuts required physical presence to three weeks. flag Applicants can buy homes over NZ$5 million, bypassing the foreign buyer ban. flag The government reports NZ$3.39 billion in committed investment, with 182 approvals as of February 2026. flag While some cite political concerns in the U.S. as motivation, the program has sparked debate over housing affordability and foreign ownership.

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