New Zealand Eases Visa Rules to Attract Foreign Investors

SYDNEY, Feb 9 (Reuters) – New Zealand is simplifying its investor visa rules to attract more foreign capital and boost economic growth, the government announced on Sunday.

Immigration Minister Erica Stanford said the changes will make the investor visa category "simpler and more flexible," encouraging global investors to bring their capital, expertise, and connections to New Zealand.

“These updates will supercharge our economy and bring better opportunities for all Kiwis,” Stanford said in a statement. The new policy introduces two fresh visa categories—one for "higher-risk investments" and another for "mixed investments."

Set to take effect on April 1, these changes follow the government's recent decision to allow holidaymakers to work remotely while visiting the country, aiming to boost tourism.

New Zealand has been seeking ways to stimulate growth after slipping into a technical recession in the third quarter of 2024. In January, the government launched Invest New Zealand, a dedicated agency to streamline overseas investment and drive economic development.

With these initiatives, New Zealand hopes to attract global investors and strengthen its economy for the future.