The Finance Minister is determined to get tourism figures back up to their pre-pandemic levels - and she hopes the newest batch of visa changes will speed that along.

From today, visitors can work remotely for overseas companies while holidaying in New Zealand for up to nine months, but they may need to declare themselves New Zealand tax residents if they stay for over 90 days.

Nicola Willis says there's capacity for growth officials will be tracking the number of visitor visas that come out of this change.

"We think it will make an impact on economic growth, because every tourist that comes to New Zealand benefits our bottom line. That's what supports people who are working for tourism providers, who are working for accommodation providers, restaurants, cafes - the more people they have coming through their doors and spending, the better." 

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The Finance Minister is determined to get tourism figures back up to their pre-pandemic levels - and she hopes the newest batch of visa changes will speed that along.
From today, visitors can work remotely for overseas companies while holidaying in New Zealand for up to nine months, but they may need to declare themselves New Zealand tax residents if they stay for over 90 days.
Nicola Willis says there's capacity for growth officials will be tracking the number of visitor visas that come out of this change.
"We think it will make an impact on economic growth, because every tourist that comes to New Zealand benefits our bottom line. That's what supports people who are working for tourism providers, who are working for accommodation providers, restaurants, cafes - the more people they have coming through their doors and spending, the better."&nbsp;
LISTEN ABOVE

Best of Business is the home of all things business at Newstalk ZB, from morning market updates right through to incisive interviews with New Zealand’s top business leaders and decision makers. 

Whether you’re a small business owner or interested in what’s going on in the Big End of Town, this podcast encompasses the sharpest voices and minds in the world of business.

Best of Business is the home of all things business at Newstalk ZB, from morning market updates right through to incisive interviews with New Zealand’s top business leaders and decision makers. Whether you’re a small business owner or interested in what’s going on in the Big End of Town, this podcast encompasses the sharpest voices and minds in the world of business.

Best of Business is the home of all things business at Newstalk ZB, from morning market updates right through to incisive interviews with New Zealand’s top business leaders and decision makers.

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Nicola Willis: Finance Minister hopeful visa changes for digital nomads will help grow tourism numbers

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/93e1b5cc-3ec4-4384-8a48-b2720069a348/transcript