New Zealand’s ‘golden’ visa applications from Americans have surged by 72% since the country launched its Business Investor Work Visa program, offering the potential for permanent residency. The program allows individuals to live and work in New Zealand by investing in and running a business, with relaxed conditions such as the removal of an English language requirement and a reduced residency period.
The country is now promoting the Business Investor Work Visa as an additional opportunity for those seeking residency, with experts like Mischa Mannix-Opie of Greener Pastures New Zealand noting the increased demand from Americans. The shifting political landscape in the U.S. has led many high net worth individuals to reassess their long-term plans, seeking stable and safe alternatives like New Zealand.
Stuart Nash, former minister for economic development and co-founder of Nash Kelly Global, highlighted the appeal of New Zealand’s stable banking system and the absence of capital gains, wealth, and death taxes. He emphasized that the country’s geographic position provides a safe haven, with residents able to live the New Zealand dream without renouncing U.S. citizenship.
Nash also noted the unique benefits of New Zealand’s low population, offering a blend of natural landscapes, activities like sailing and golf, and a welcoming community. As global uncertainties persist, the combination of safety, stability, and quality of life makes New Zealand an increasingly attractive destination for both American and international investors.