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Only one immigrant applies for Government's new investor visa

Author
Newstalk ZB,
Publish Date
Mon, 31 Oct 2022, 2:11pm
Photo / 123RF
Photo / 123RF

Only one immigrant applies for Government's new investor visa

Author
Newstalk ZB,
Publish Date
Mon, 31 Oct 2022, 2:11pm

If it's not broken, don't fix it: that's the message an immigration lawyer has for the Government after only one person's applied for the Government's new investor visa.

The initiative was set up to bring high-value businesspeople to Aotearoa to increase economic gain and opened in September.

When the policy was launched, Immigration Minister Michael Wood said the visa category would help attract investors that will remain in New Zealand for a long time.

But Immigration lawyer Aaron Martin says the new scheme should never have been introduced, as in his opinion, the old policies were more practical.

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