Further south, more than 400 people apply to get
permanent residency through the Investor or Investor
Plus visa categories in New Zealand each year,
government statistics show. Under the Investor Visa
program, an investor must have three years of business
experience, not be older than 65, spend at least 438
days in the country over four years, and invest at least
$1.5 million over four years. Under the Investor Plus
category, investors are asked to spend at least 88 days
in the country over three years and invest $8 million for
three years.
Australia, which granted more than 300 investment visas
last year, doesn’t grant the permanent residence on the
very first stage of investment, but uses a step-by-step
visa principle regardless of the amount of investment,
according to government report. The provisional 4-year
investor and business visa works as the first step of
investment migration to Australia. During this period,
an investor needs to show an outstanding success of
their investment in order to obtain a permanent investor
visa. More than 90 percent of applicants are Chinese in
the program that has attracted more than $7.8 billion in
complying investments into Australia.
"In search for
freedom and quality
of life, many of the
world’s wealthy
investors are looking
into citizenship-
by-investment
programs..."
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