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The week's question
In December 2024, in the thread "Re: BRK: Why Not XOM?", BreckHutHigh asked the members: "What about the long road trips with kids?" This week it is put to everyone again. The button below opens the small thread re-asking it - read what others have said so far, then give your own answer as an ordinary reply.
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Author: mungofitch 🐝🐝🐝 GOLD
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Number: of 343 
Subject: Re: OT, out
Date: 03/18/25 1:08 PM
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No. of Recommendations: 5
Where is the info on the investor visa for 2.8 million USD? I found one for 15 million NZD, but that’s like 8.7 million US?

There are different categories, and at least one of them changed just recently, effective next month. I think they are dubbed Growth and Balanced. I think (?) the main difference is that Balanced is allowed to invest in bonds, whereas Growth has to be all equities (private or public).

From a recent FT article:
"Would-be investors can apply for a visa if they are willing to invest NZ$5mn (US$2.8mn) directly into the country’s businesses. Applicants will only be required to spend 21 days in New Zealand over three years to qualify for residency, compared with 117 days over four years under the previous scheme. Visas are also available for those willing to invest at least NZ$10mn over five years and live in the country for 105 days during that period."

A government article describing the new alternatives:
immigration.govt.nz - Investor category update provides attractive investment options

Jim
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This community has written 340 posts about Living Abroad. The article-length ones it recommended most:
Welcome! · 12 recs · 2024
USA to Portugal (Sabbatical) · 8 recs · 2024
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