Foreign investors will need to work harder to get NZ residency

The Government’s new Active Investor Plus Visa category – designed to attract high-value investors – has officially opened, NZ Herald reports, removing the ability for foreigners to gain residence by investing in bonds and property. Instead, it will reward applicants who commit to investing directly in New Zealand companies with high-growth potential. But National Party Immigration spokeswoman Erica Stanford questioned why the Government was trying to fix something that wasn’t broken, especially at a time she believed the priority should be changing settings to bring in more nurses.