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Nicola Willis: Finance Minister on the golden visa

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Five million dollars can now buy you residency in New Zealand under the government's reinstatement of the golden visa. 

Entries vary over $5 million for growth ideas, and $10 million for more conservative plans, Finance Minister Nicola Willis said. 

"Growth is the 5 million and that's for direct investment straight into a Kiwi business or into a New Zealand managed fund that is investing into New Zealand businesses via managed funds." 

The Finance Minister spoke to Mike Hosking about what is involved in the visa change. 

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