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The Sen Times

Science/Tech / The Sen Times

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New Zealand to allow wealthy migrants to build rental housing

WELLINGTON, Sept 9 (Reuters) New Zealand will let wealthy visa applicants count investments in approved funds backing build-to-rent housing from December, the government said on Tuesday, tapping foreign capital to help fund new long-term rental homes. The centre-right National Party-led government has progressively loosened New Zealands Active Investor Plus visa since relaunching it in April 2025, cutting the minimum investment for its Growth category to NZ$5 million ($2.93 million) from NZ$15 million, shortening the required investment period to three years from four, and widening the range of eligible investments. Applicants in the Growth category will not be able to

9 Sep 2026 9:18 am