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Wealthy Americans flock to beautiful nation offering 'golden visa' scheme amid Trump exodus

Wealthy Americans flock to beautiful nation offering 'golden visa' scheme amid Trump exodus

New Zealand's famously beautiful country's government relaxed rules for its new foreign investor migrant visa scheme in April in a bid to attract more affluent people to boost New Zealand's economic growth

Affluent Americans are leading the charge to capitalize on New Zealand's recently introduced "golden visa" program, as many US citizens seek to escape the country following Donald Trump's presidential comeback. In April, New Zealand's government eased the requirements for its foreign investor migrant visa in a bid to lure wealthy individuals and stimulate economic growth.

The investment initiative, dubbed the "golden visa" scheme, grants foreign nationals residency rights in the picturesque island nation in exchange for investing in its economy.

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Eligibility criteria were relaxed earlier this year, including the elimination of English language proficiency requirements and reducing the mandatory time spent in the country from three years to just three weeks. According to the New Zealand government, 189 applications were received within a three-month period, with nearly half submitted by US citizens.

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