Five wealthy investors granted border exemptions, then residency Tuesday, May 4, 2021 Amy Williams for RNZ
Five wealthy foreigners moved to New Zealand while the country s borders were closed, and were then granted residency to invest a combined $36 million.
Immigration New Zealand (INZ) figures released to RNZ show the people were given border exemptions to enter the country before being granted residency under investor visas.
That was despite hundreds more hopeful offshore investors - estimated to be worth $2 billion - having their own residency applications held up at the border.
With the country s borders closed to foreigners, Immigration New Zealand (INZ) can only process investor residency visas for those already here.
Five wealthy investors granted border exemptions, then residency
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Five wealthy investors granted border exemptions, then residency
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