economy

'Every dollar is mobile': California's rich snap up New Zealand 'golden visas'

Applications for indefinite right to work, live and study in the country have risen after rules were eased

'Every dollar is mobile': California's rich snap up New Zealand 'golden visas'

TL;DR

  • Applications for New Zealand's golden visas have risen significantly.
  • Wealthy individuals, especially from California, are driving this trend.
  • The easing of immigration rules has facilitated the increase in applications.
  • Successful applicants gain indefinite rights to work, live, and study in New Zealand.