Chinanews, May 17-According to New Zealand's Tianwei.com compilation report, RNZ (New Zealand National Radio) reported that New Zealand's latest border exemption policy will allow two types of investment immigrants to enter New Zealand.
The Ministry of Commerce, Innovation and Employment (MBIE) predicts that 220 investment immigrants will enter next year, bringing hundreds of millions of New Zealand dollars in direct investment, creating jobs and skills.
The first immigrant investors may arrive in New Zealand within a few weeks.
MBIE said that the current changes in the new border exemption policy have not been widely "advertised" because the policy only applies to those who are determined by state agencies.
It is reported that these two new border exemptions are briefly described on the Immigration New Zealand website, but they are only the names of government projects related to them.
The chairman of the Immigration and Investment Association said she would like to know more, "New Zealand needs this investment capital, but it would be great if the industry and the public were informed about the plan."
Both of these new exemptions are under the investment attractiveness of MBIE's innovative partnership program and the New Zealand Trade and Enterprise Development (NZTE).
When the border closed last year, both plans had to suspend inviting potential investors to invest in New Zealand.
According to these two plans, government officials can identify and invite key company personnel to visit New Zealand, and promote high-value international investment and technical expertise to allow them to enter New Zealand.
MBIE said that high-value international investment will play an important role in supporting New Zealand's economic recovery.
The general manager of NZTE's investment department said that NZTE plans to announce the exemption after completing the details.
He said that investors’ interest in New Zealand was unprecedentedly high, “but they want to make a decision after they come, so we tried a variety of virtual methods to investigate.”
"We have tried using GoPro and drones to conduct field trips, and we have also tried to introduce them (potential investment immigrants) to people in New Zealand. However, our participation was very low and some investment projects were also suspended."
"I think it is very important for New Zealand to initiate and implement this border exemption."
The general manager of NZTE's investment department said that NZTE has attracted some people who want to resume their investment projects, and now they can apply to go to New Zealand under the new border exemption.
Investors who visit as part of the investment attraction plan will be able to conduct due diligence, such as meeting potential partners, visiting factories and venues, and understanding their potential investments in the local area.
The new innovation partnership exception allows MBIE to invite key personnel from companies that "push technological boundaries and solve world problems" to help them find investment opportunities here.
The general manager of MBIE's Science, Innovation and International Department is responsible for overseeing the cooperation plan.
He said: “We are as creative as possible to maintain relationships, and we are also working hard to maintain operations. This is indeed an opportunity we don’t want to miss at the moment.” He explained that because of New Zealand’s successful response to the epidemic, people’s perception of New Zealand as a R&D destination Interest surged.
He said that they are considering introducing expertise to support the New Zealand Space Agency and setting standards to determine the priority of investors.
The general manager of MBIE Employment, Skills and Immigration Policy Department stated that border exemption for investors is the next step to strengthen interconnection with the world and support the country’s economic recovery.
She said that it is now very important for New Zealand companies to reconnect with international investment.
"The direct opportunity brought by these border exemptions may be a benefit worth hundreds of millions of New Zealand dollars to the New Zealand economy."
In addition, any investor from outside Australia needs to apply for a segregated hotel.
(Sophia)