New Zealand has announced changes to its “Golden Visa” program in an effort to attract wealthy migrants. The new policy, introduced in February 2025, offers residency to individuals who invest at least NZD 15 million (approximately USD 9.5 million) in the country. This move aims to boost the nation’s economy by encouraging high-net-worth individuals to invest in key sectors such as real estate, businesses, and technology. The government hopes that these changes will create jobs and stimulate economic growth, though some critics have raised concerns about the potential for rising inequality and housing affordability issues.
(By Ziqi Qin)