New Zealand weighs the “golden” visa exemption for $ 3 million in luxury houses

The American elite is looking for more and more “golden” visas – with a country that offers the opportunity that is now pushing to open even more doors to the rich.

The members of the New Zealand Parliament weigh an exemption from the ban on foreign buyers of the country for holders of golden visas.

For these individuals, the change Greenlight The purchase of luxury houses, namely houses that cost $ 5 million in New Zealand dollars, equivalent to around $ 3 million in US dollars.

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The bill in the process of discussion would modify the 2005 law on investments abroad to reduce compliance costs and protect the “national interests” of New Zealand, according to the website of the New Zealand Parliament (NZP).

Politician David Seymour shared his support for the bill when reading the amendment.

The members of the New Zealand Parliament plan to allow holders of golden visas to buy luxury houses. (istock)

“We are a place where our friends who wish to do business with Kiwis compatriots, who would like to invest, to exchange value for a value and forge with us are welcome under our laws,” said Seymour.

Others in support of the measure said that the country needed foreign investments to increase its economy.

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A politician who is contrary to the bill, Julie Anne Giner, said that the government’s adoption of this change would be “to disadvantage ordinary workers and to advance those who already have money and power”.

“You can get a permanent residence for life, and you can live the New Zealand dream.”

In April, the government softened its visa rules to attract more zero individuals, with changes such as the suppression of an English language requirement. The country has also reduced the required time for people to spend in New Zealand, as Fox News Digital previously reported.

The New Zealand government has softened its visa rules earlier this year to attract more individuals. He deleted an English language requirement, for example. (istock)

Once the golden visa is obtained, it can be maintained for life. People do not need to reapplicate.

In less than three months, 189 gold visa requests were received, while previous requests were 116 submissions over more than two and a half years, Reuters reported.

Almost half of the requests were submitted by American citizens, Chinese citizens with the second largest number of requests, noted the same source.

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Stuart Nash, former New Zealand minister for the economic and co-founder of Nash Kelly Global, told Fox News Digital that visas became more and more popular.

“You have a war in Europe, you have the Tinderbox, which is the Middle East,” he said. “You have a change in the American administration, which causes more polarization than we have seen for a very long time.”

“There are many Americans who want to settle in New Zealand, because we are considered this oasis at the bottom of the world.” (istock)

“There are many Americans who want to settle in New Zealand, because we are considered this oasis at the bottom of the world,” he added.

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“You don’t have to give up your American citizenship at all,” he also said. “You can get a permanent residence for life, and you can live the New Zealand dream.”