New Zealand will allow wealthy migrants to count charitable donations toward the investment requirement of its popular golden visa program from June 1, widening the scope of a scheme that has already attracted billions of dollars in pledged investments.
Under the updated rules, applicants in the Growth category can include donations of up to 20% of the required NZ$5 million investment to registered charities and approved conservation projects. The remaining amount must still go into higher-growth investments such as businesses or managed funds.
