The Immigration Minister says the first proper data will be collected on the value overseas investors bring to New Zealand

The Government's confirmed almost 200 applications have been received from overseas investors - since settings loosened in April.

Erica Stanford says applicants have six months to find and make an investment.

But she says what happens after the initial funding is often more significant.

She says data shows people often invest a lot more once they get here and see the ecosystem, and fall in love with New Zealand.