4669 (2025). Hon Phil Twyford to the Minister of Immigration

4669 (2025). Hon Phil Twyford to the Minister of Immigration: What evidence, when the Minister said “there are many migrant investors around the world who have a lower risk profile to start with, but we know from evidence that that changes over time”, was she referring to?

Hon Erica Stanford: I refer the member to the suite of information that has been proactively released at https://www.mbie.govt.nz/dmsdocument/30484-briefings-to-the-minister-of-immigration-on-the-active-investor-plus-visa-proactiverelease-pdf For example: “One piece of research has shown that investors unfamiliar with New Zealand’s investment ecosystem initially prefer to make lower risk investments during the immigration process and engage in more active investments subsequently." And, "Beyond the application phase: investors tend to be much more risk seeking, particularly the Investor 2 category, and particularly the younger set (20 years to 30 years old) of these, who see their residency as a commitment to their lifestyle in New Zealand."