Opinion
Thousands of wealthy foreigners are lining up to move here, just weeks out from the introduction of business migration laws that will grant them residency almost immediately.
Under a new Entrepreneur Plus immigration category - effective on November 30 - entrepreneurial migrants who create at least three fulltime jobs and invest $500,000 in their business will be offered a fast track to residency.
Currently, entrepreneur migrants are issued with a long-term business permit and can apply for residency only after two years.
Should NZ's business migration laws favour the wealthy?