New Delhi:
If you want to live and work in New Zealand, then there is good news for you. Actually, New Zealand has made it easier by changing the rules related to its ‘Golden Visa’. The mandatory condition of English knowledge has been abolished to achieve this visa. Actually, its purpose is to attract rich people. New Zealand hopes that it will also promote his economy.

These changes will be applicable from April 1. Active Investor Plus Visa is reorganized in two categories. The scope of investment for this category visa will be further increased. This information was given by New Zealand’s Migrant Affairs Minister Eric Stanford in Auckland on Sunday. He informed that apart from removing the imperative to know the English language, the number of mandatory days spent in the country has also been adjusted by investors.

Categories of Active Investor Plus Visa

Development or high -risk visa. This category visa will require at least five million New Zealand dollars in three years. This investment will have to be made either directly in business or through manage funds. Such visa holders have been conditioned to stay only 21 days in New Zealand.

Balanced or mixed risk VG. This category visa will require at least 10 million New Zealand dollars in five years. This will have to invest in bonds, stocks, development of new properties or existing commercial and industrial property. The visa holder of this category will have to spend at least 105 days in New Zealand. The special thing in this will be that if investment increases, the number of days of living in New Zealand will decrease.

What will be the benefit of this change

After the recession in 2024, the government’s effort wants to take advantage of the falling interest rates and improve on the economic front. But he is facing lack of capital. Therefore, rules related to foreign investment are being rebuilt. Single winds are being arranged for foreign investors. Apart from this, the rules are being relaxed to allow skilled people to be permanently settled in the country. .

The Active Investors Plus visa was earlier successful in attracting rich people. This led to an average of one billion New Zealand dollar ($ 570 million) every year. But due to changes in the rules in 2022, people reduced interest in it. Since then only 43 applications of this visa have been approved. According to Immigration New Zealand, so far only 545 million New Zealand dollars have come out due to this. The government says that the amount transferred in the country is even less.

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