Opinion
Wealthy older parents of settled immigrants will be given priority to retire here if they are rich enough to invest $1 million over four years.
They will have to have good health but will not need to have health insurance. As permanent residents they will be eligible for health and welfare assistance.
But in that respect they will be no different from the maximum 3440 parents already allowed to settle each year under the Family Parent Category.
Is it fair that wealthy parents of immigrants get priority to retire in NZ? Here is the latest selection of Your Views: