NZ to cut migrant residency numbers
posted on 11th October 2016
The government has moved to make it tougher for would-be migrants to gain residency under the skilled migrant and family sponsored categories. It plans 5,000 fewer approvals over the next two years (a reduction of just over 5 percent) with the number of points required for residence under the Skilled Migrant Category be raised from 140 to 160 points.
Read our recent review of immigration trends in franchising on page 28 of our digital magazine or send fo a free print copy.
Immigration Minister Michael Woodhouse today announced that there would be fewer residence approvals planned for the next two years to 85,000-95,000, down from 90,000-100,000.
'Increasing the points required to gain residence from 140 to 160 will moderate the growth in applications in the Skilled Migrant Category and enable us to lower the overall number of migrants gaining residence,' Woodhouse said.
'Changes to the Family Category, including temporarily closing the Parent Category to new applications, will also reduce the total number of migrants being granted residence.'
Around half of those approved under the residence programme came through the skilled migrant category.
Featured Listings
CrestClean
Looking for a simple business with low risk and high profit margins - where you can enjoy a great lifestyle? A CrestClean franchise ticks all the boxes!...
Goodwin Turner Commercial Lawyers
Goodwin Turner Commercial Lawyers aims to provide a modern, friendly, client-focused and efficient approach to your legal business requirements, with a...
Choices Flooring
Be part of a new retail opportunity in New Zealand with one of Australasia’s most innovative flooring brands. At Choices Flooring, you’re not just...
Blackwell Trading Post
Blackwell Trading Post offers a curated selection of premium gins. Best suited to a mature Kiwi operator with energy, enthusiasm, excellent people and...
Speed Queen Laundry Systems
Enjoy semi‑passive income with your own Speed Queen self‑serve laundromat. With our expert support you’ll be operating a profitable business in no time,...


