21 Jul 2022

Consultant on overhaul to wealthy migrant policy

From Morning Report, 7:54 am on 21 July 2022

The government is overhauling its wealthy migrant policy.

The new system means applicants will have to invest at least $15 million over three years or just $5 million if the funds go directly to a New Zealand business.

Investors will also have to spend roughly four months over four years in the country, about a month longer than now.

Henley and Partners in London specialise in citizenship by investment.

Their New Zealand specialist and director of private clients Troy Hanley spoke to Susie Ferguson.