14 October 2016

New Zealand's residence requirements more onerous due to significant policy changes

The New Zealand Government has announced significant changes to the Residence Program effective October 12. The changes are an effort by the government to manage the increased demand for residence visas, reduce the overall number of residence visas granted by 5,000 in the next two years, and increase the overall skill level of permanent migrants to New Zealand.

A Tax Alert prepared by EY's People Advisory Services group, and attached below, provides additional details.

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ATTACHMENT

Full text of Tax Alert 2016-1758

Document ID: 2016-1758