The Immigration Minister says the first proper data will be collected on the value overseas investors bring to New Zealand.  

The Government's confirmed almost 200 applications have been received from overseas investors since settings loosened in April. 

Erica Stanford says applicants have six months to find and make an investment.

But she explained what happens after the initial funding is often more significant. 

"We know through the data that we do have that they invest a whole lot more once they get here and they see the ecosystem and they fall in love with the place - and they're quite big philanthropists as well." 

LISTEN ABOVE

The Immigration Minister says the first proper data will be collected on the value overseas investors bring to New Zealand. &nbsp;
The Government's confirmed almost 200 applications have been received from overseas investors since settings loosened in April.&nbsp;
Erica Stanford says applicants have six months to find and make an investment.
But she explained what happens after the initial funding is often more significant.&nbsp;
"We know through the data that we do have that they invest a whole lot more once they get here and they see the ecosystem and they fall in love with the place - and they're quite big philanthropists as well."&nbsp;
LISTEN ABOVE

With a straight down the middle approach, Heather du Plessis-Allan Drive on Newstalk ZB delivers the very latest news and views to New Zealanders as they wrap up their day.

Heather du Plessis-Allan Drive

Erica Stanford: Immigration Minister on the success of the Government's new 'golden visa' scheme

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/f4e11246-9c6d-488c-8754-b305006b8a23/transcript