
NZ Safe Haven? $5m Visa, Immigration, AI & Sound Money — with Darcy Ungaro
Is New Zealand really a safe haven for anxious millionaires—or just political window dressing? In this wide-ranging chat, John Kenel (21 years, 1,000+ homes built) and Darcy dig into:
• NZ’s “Active Investor Plus” $5m visa, why demand may be limited, and a fairness take on foreign-buyer levies
• Cost-of-living angle: using a levy to fund GST-off-food
• Immigration settings vs “tax the rich” politics, and Australia’s Division 296 super tax
• What “rich” even means now (and why $2–3m is just middle class housing)
• De-globalisation and tariffs, then AI as a deflation engine for small business
•…
The skinny
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