NZ: Covid 19 coronavirus: Government targets rich investors as part of its ‘reset’ of immigration settings

Of note. Similar shift to “two-step” immigration and focus on the more highly skilled. Not convinced by the focus on “rich investors” as the experience with these programs is decidedly mixed:

Wealthy investors and “highly-skilled workers” will be the targets of New Zealand’s Covid-19 immigration “reset” to reduce the economy’s reliance on low-wage migrants.

In a speech setting out the Government’s intentions for immigration policy, Economic Development Minister Stuart Nash said that would include making it harder for employers to take on workers from overseas, other than in areas of genuine skills shortages.

But for many in the audience, including economists and employers, the long-signalled announcement lacked much detail, some labelling it “confusing”.

Nash, who was filling in for Immigration Minister Kris Faafoi, said once the borders fully opened again, it would not be returning to previous immigration settings.

“That path is a continuation of pressures on our infrastructure, like transport, accommodation, and downward pressure on wages.

“Since the borders closed, we’ve seen a reversal in the horticulture sector – for example – where there’s been a lift in wages to bring in local workers.”

Source: Covid 19 coronavirus: Government targets rich investors as part of its ‘reset’ of immigration settings

About Andrew
Andrew blogs and tweets public policy issues, particularly the relationship between the political and bureaucratic levels, citizenship and multiculturalism. His latest book, Policy Arrogance or Innocent Bias, recounts his experience as a senior public servant in this area.

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