Move To New Zealand      

Go Back   New Zealand > New Zealand > What's in the news?
Changes afoot for wealthy migrants Changes afoot for wealthy migrants
Forum Home Groups Register Blogs FAQ Members List Calendar Search Today's Posts Mark Forums Read

Reply
Page 1 of 2 1 2 >
 
LinkBack Thread Tools Display Modes
  #1 (permalink)  
Old 06-06-2007, 06:32 PM
MotherBear's Avatar
The missing link


Points: 25,204, Level: 100
Points: 25,204, Level: 100 Points: 25,204, Level: 100 Points: 25,204, Level: 100
Level up: 2%, 0 Points needed
Level up: 2% Level up: 2% Level up: 2%
Activity: 100%
Activity: 100% Activity: 100% Activity: 100%
Join Date: Jan 2005
Location: Oman ex Wales, UK
Posts: 7,535
Blog Entries: 1
MotherBear will become famous soon enough
Default Changes afoot for wealthy migrants
Rules for wealthy migrants relaxed
5:00AM Wednesday June 06, 2007
By Claire Trevett

New rules allowing wealthy investors into the country will be announced today in an attempt to reverse a collapse in numbers applying to enter.

Immigration Minister David Cunliffe will outline changes to the investor migrants category after the numbers of migrants applying to enter New Zealand in this category fell from more than 1000 a year to fewer than 20 after tighter rules were introduced.

Since July 2005, anyone applying for residency as an investor has had to have at least $2 million, which the Government holds for five years. The investor can withdraw up to $1 million after two years to invest in a business that will benefit New Zealand.

Previously, investor migrants had to bring $1 million which the Government held for two years.

The policy was tightened to prevent rorts such as people borrowing the money required and repaying it as soon as they had residency, or gaining residency and sending the money to others to enter as "investors".

More here .
__________________
Mother Bear
Reply With Quote
Site Sponsor
PSS International Removal Company
  #2 (permalink)  
Old 07-06-2007, 01:15 AM
Bermy Girl's Avatar
Senior Member


Points: 1,292, Level: 20
Points: 1,292, Level: 20 Points: 1,292, Level: 20 Points: 1,292, Level: 20
Level up: 21%, 8 Points needed
Level up: 21% Level up: 21% Level up: 21%
Activity: 0%
Activity: 0% Activity: 0% Activity: 0%
Join Date: May 2007
Location: Bermuda
Posts: 229
Bermy Girl is on a distinguished road
Default
How does that song go..."If I had a million dollars..." Fat chance! But as we all know...money isn't everything...
Reply With Quote
  #3 (permalink)  
Old 07-06-2007, 06:01 AM
ShellBda's Avatar
Oh Masterful One


Points: 1,997, Level: 27
Points: 1,997, Level: 27 Points: 1,997, Level: 27 Points: 1,997, Level: 27
Level up: 28%, 3 Points needed
Level up: 28% Level up: 28% Level up: 28%
Activity: 0%
Activity: 0% Activity: 0% Activity: 0%
Join Date: May 2007
Location: Bermuda
Posts: 265
ShellBda is on a distinguished road
Red face
I had every intention of entering NZ under the investor category but I only had $999,000! Bermy Girl just wouldn't give me the extra $1000 I needed!

I WISH!!!
Reply With Quote
  #4 (permalink)  
Old 07-06-2007, 08:28 AM
Welshgirl's Avatar
Super Moderator


Points: 5,909, Level: 52
Points: 5,909, Level: 52 Points: 5,909, Level: 52 Points: 5,909, Level: 52
Level up: 53%, 41 Points needed
Level up: 53% Level up: 53% Level up: 53%
Activity: 64%
Activity: 64% Activity: 64% Activity: 64%
Join Date: Jun 2004
Location: Ngaruawahia, New Zealand
Posts: 1,000
Blog Entries: 5
Welshgirl is on a distinguished road
Default
Quote:
Originally Posted by ShellBda View Post
Bermy Girl just wouldn't give me the extra $1000 I needed!
Some friend

Reply With Quote
  #5 (permalink)  
Old 07-06-2007, 09:51 AM
ShellBda's Avatar
Oh Masterful One


Points: 1,997, Level: 27
Points: 1,997, Level: 27 Points: 1,997, Level: 27 Points: 1,997, Level: 27
Level up: 28%, 3 Points needed
Level up: 28% Level up: 28% Level up: 28%
Activity: 0%
Activity: 0% Activity: 0% Activity: 0%
Join Date: May 2007
Location: Bermuda
Posts: 265
ShellBda is on a distinguished road
Default
I am just waiting for Bermy Girl to come back with witty response! She will come.....
Reply With Quote
  #6 (permalink)  
Old 07-06-2007, 12:08 PM
Bermy Girl's Avatar
Senior Member


Points: 1,292, Level: 20
Points: 1,292, Level: 20 Points: 1,292, Level: 20 Points: 1,292, Level: 20
Level up: 21%, 8 Points needed
Level up: 21% Level up: 21% Level up: 21%
Activity: 0%
Activity: 0% Activity: 0% Activity: 0%
Join Date: May 2007
Location: Bermuda
Posts: 229
Bermy Girl is on a distinguished road
Default
Maligned again....story of my life...
Reply With Quote
  #7 (permalink)  
Old 07-06-2007, 02:03 PM
kokopeli's Avatar
Oh Masterful One


Points: 4,460, Level: 45
Points: 4,460, Level: 45 Points: 4,460, Level: 45 Points: 4,460, Level: 45
Level up: 46%, 90 Points needed
Level up: 46% Level up: 46% Level up: 46%
Activity: 48%
Activity: 48% Activity: 48% Activity: 48%
Join Date: Sep 2004
Location: On the water, in the hills
Posts: 492
kokopeli is on a distinguished road
Default
On a serious note.....

... they were saying on Radio New Zealand National this morning that applicants able to invest $20 million would have their applications for residency 'fast tracked'. No need to speak English, no educational requirements, no other restrictions. While they made it sound like an open door, the reporter implied that applicants would need to have the money 'in their hand' rather than tied up in real estate, shares and other investments. Realistically speaking, how many people will be eligible to apply under this category? And how many of those would actually want to live in New Zealand? I'm sure there'll be some, but $20million is a heck of a lot to have in your current account.

New Zealand First have been on the radio claiming that this proposal will allow foreign investors to buy up all the land and force property prices even higher. As I see it, the current rules don't stop that happening now and it's been going on for a long time.

It all smells a bit Tony Blair/Alastair Campbell to me.......
Reply With Quote
  #8 (permalink)  
Old 07-06-2007, 02:34 PM
Taffy's Avatar
He who shall be ignored


Points: 7,063, Level: 58
Points: 7,063, Level: 58 Points: 7,063, Level: 58 Points: 7,063, Level: 58
Level up: 59%, 87 Points needed
Level up: 59% Level up: 59% Level up: 59%
Activity: 32%
Activity: 32% Activity: 32% Activity: 32%
Join Date: May 2004
Location: Hamilton, NZ
Posts: 1,227
Blog Entries: 4
Taffy can only hope to improve
Default
Money always talks louder than anything else. Always has done, always will do!
__________________
Taffy

The greatest mistake you can make in life is to be continually fearing you will make one.
Reply With Quote
  #9 (permalink)  
Old 07-06-2007, 09:45 PM
Dawn's Avatar
God like figure


Points: 4,382, Level: 44
Points: 4,382, Level: 44 Points: 4,382, Level: 44 Points: 4,382, Level: 44
Level up: 45%, 18 Points needed
Level up: 45% Level up: 45% Level up: 45%
Activity: 67%
Activity: 67% Activity: 67% Activity: 67%
Join Date: Sep 2006
Location: Hamilton NZ
Posts: 947
Blog Entries: 5
Dawn is on a distinguished road
Default
Quote:
Originally Posted by Taffy View Post
Money always talks louder than anything else. Always has done, always will do!
Now, don't get me started again
__________________
Passionate about the unfathomableness opportunities of kiwi-a-gogo-land
Reply With Quote
  #10 (permalink)  
Old 07-06-2007, 10:09 PM
Taffy's Avatar
He who shall be ignored


Points: 7,063, Level: 58
Points: 7,063, Level: 58 Points: 7,063, Level: 58 Points: 7,063, Level: 58
Level up: 59%, 87 Points needed
Level up: 59% Level up: 59% Level up: 59%
Activity: 32%
Activity: 32% Activity: 32% Activity: 32%
Join Date: May 2004
Location: Hamilton, NZ
Posts: 1,227
Blog Entries: 4
Taffy can only hope to improve
Default
Quote:
Now, don't get me started again
Heaven forbid!!
__________________
Taffy

The greatest mistake you can make in life is to be continually fearing you will make one.
Reply With Quote
Reply
Page 1 of 2 1 2 >

  • Submit Thread to Digg Digg
  • Submit Thread to del.icio.us del.icio.us
  • Submit Thread to StumbleUpon StumbleUpon
  • Submit Thread to Google Google
    • Bookmarks

    « Previous Thread | Next Thread »
    Thread Tools
    Display Modes
    Linear Mode Linear Mode

    Posting Rules
    You may not post new threads
    You may not post replies
    You may not post attachments
    You may not edit your posts
    BB code is On
    Smilies are On
    [IMG] code is On
    HTML code is Off
    Trackbacks are On
    Pingbacks are On
    Refbacks are On



    All times are GMT +13. The time now is 05:18 AM.

    New Zealand Immigration - Archive - Top

    Powered by vBulletin® Version 3.7.1
    Copyright ©2000 - 2008, Jelsoft Enterprises Ltd.
    Search Engine Optimization by vBSEO 3.1.0
    ©2004 - 2008 New Arrivals Ltd

    1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28