Latest / The Kākā by Bernard Hickey
Govt goes for growth by selling residencies
Briefly in my Picks ‘n Mixes and Daily Chorus on Tuesday August 26, Wednesday, August 27, the top news, scoops and deep-dives in Aotearoa’s political economy around housing, poverty and climate are:
* The Lead: The Government has announced a new ‘Business Investor Visa’ (BIV) that awards residency to migrants who buy a business for at least $2 million, and a three-year fast-track work-to-residency for buyers of businesses worth over $1 million.
* The Sidebar: The Government has yet to announce if these new BIV residents will be able to immediately buy homes, although the existing Active…
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