It lets people invest a million dollars in an existing business - as a three year work-to-residence pathway, or two million dollars for a year-long fast-track to residence.

Immigration Minister Erica Stanford says opening the door for overseas buyers means local jobs can be protected.

>> More Politics News

Other Politics News

26 Nov: What is happening with the government’s contentious review of the Waitangi Tribunal?

26 Nov: Tensions are rising over Christchurch's temporary stadium, with Canterbury Rugby League claiming it's owed hundreds of thousands dollars in revenue

26 Nov: RMA Reform Minister Chris Bishop says regional councils add layers of confusion, as he looks to scrap them

25 Nov: Bird flu confirmed in elephant seal population at Heard Island

25 Nov: Enthusiasm for a successful Government maths support trial

25 Nov: The Commerce Commission is taking legal action against Mobil New Zealand's head office over wholesale pricing methods

25 Nov: A view the Government could have gone further on changes to the building consents regime

Top Stories

RUGBY
Former Wallabies coach John Connolly believes world rugby is in the strongest state it's ever been More...

BUSINESS
A man's appearing in court today charged with arson - over a large fire at a plastic recycling business south-west of Auckland, at Waiuku, on Monday night More...

Today's News

Entertainment:
Amy Poehler started "screaming" after being grabbed by a chimp who refused to let go of her arm 15:08

Law and Order:
No mincing of words from an Auckland High Court judge, while sentencing Hakyung Lee to life behind bars for murdering her children 15:07

Law and Order:
Mother sentenced to life in prison for New Zealand's 'suitcase murders' 14:47

Entertainment:
Glen Powell has been secretly studying for a degree at the University of Texas 14:38

Rugby:
Former Wallabies coach John Connolly believes world rugby is in the strongest state it's ever been 14:37

Law and Order:
Sir Richard Branson's wife Joan Templeman dies aged 80 14:17

Entertainment:
Zawe Ashton has given birth to her and Tom Hiddleston's second child 14:08

Politics:
What is happening with the government’s contentious review of the Waitangi Tribunal? 14:07

Rugby:
A pair of All Blacks have made the World Rugby Men's 15s Dream Team of the Year 14:07

Living & Travel:
Plans to open New Zealand's first floating sauna, on Lake Wakatipu in Queenstown's CBD 13:47

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