Photo: RNZWealthy Americans are leading a surge in foreign investors seeking a safe haven in New Zealand from their coronavirus-ravaged countries and economies. "Where before we might field one to two approaches a month we're currently receiving about five a week. North Americans now accounted for more than half of the inquiries the agency fields, followed by investors from Europe. New Zealand's coronavirus response had multiplied its existing advantages, he said - of lifestyle, its Pacific Rim location, trade deals and innovative businesses. The number of Americans wanting to invest at least $3m has grown by even more - only a handful of Americans applied this time last winter but the United States has been the top nationality since June.

Source: Otago Daily Times August 25, 2020 00:33 UTC