SYDNEY: New Zealand said on Monday (June 23) there has been a rush in applications for its new foreign investor migrant visa as the centre-right government looks to lure more high net-worth individuals to the country to stimulate economic growth.
The government in April relaxed rules for the visa, including lowering the minimum required funds for the category that focuses on higher-risk investments to NZ$5 million (US$3 million) from NZ$15 million, and removing the English language requirement.
