Wealthy investors expected under new border exemption - News Summed Up

Wealthy investors expected under new border exemption


Stock photo: GettyHundreds of foreign investors are expected to arrive New Zealand in coming months as a result of new border exemptions allowing wealthy investors linked to two government programmes to visit. The two new border exemptions get the briefest of descriptions on the Immigration NZ website - just the names of the government programmes they are linked to. MBIE said high-value international investment will play an important role in supporting New Zealand's economic recovery. "It's been pretty difficult to be able to turn that interest and profile into getting investors and companies to transact. MBIE general manager employment, skills and immigration policy Ruth Isaac said the border exemptions for investors were the next steps to ramp up connectivity with the world and support the country's economic recovery.


Source: Otago Daily Times May 16, 2021 19:07 UTC



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