Employer Bulletin | 10 March
"Changes are being made to the Active Investor Plus Visa from 1 April 2025 to help New Zealand encourage growth and make investing in New Zealand more attractive.
Two simplified investment categories will be introduced — Growth and Balanced. Investments made by either must be completed within 6 months of the date of approval in principle. These migrants will have higher immigration requirements.
The scope of acceptable investments for Balanced category will be broadened to include bonds and property investments. Property investments will be limited to new residential developments that increase the housing stock in New Zealand and new or existing commercial or industrial developments which add value, such as earthquake strengthening."
In today’s Bulletin:
- Personal grievance and penalty claims raised out of time, but wages still owed
- Authority looks past sham documentation in assessing nature of relationship
- Full and final settlement closes all future claims connected to dispute
- Contractor fails to convince Authority they are employee
- Employer runs fair redundancy but must calculate final pay correctly
- Eight news updates of interest for employers including: Deregulating for economic growth remains focus after year one; Fresh stats reinforce tourism’s contribution to the economy; Higher meat export prices boost terms of trade; International trade: December 2024 quarter; Building consents issued: January 2025; Investor category update provides attractive investment options; Time of use charging Bill passes first reading, and First Financial Statements including 2025 released.
- Nine bills open for submission
If you have any questions, about this case or other employment relation matters, call the Advice Line team on 0800 800 362.
