New Zealand will relax visa rules to attract more foreign investors, in efforts to stimulate economic growth, its centre-right government said on Sunday. Immigration Minister Erica Stanford said the country's investor visa category would be made "simpler and more flexible" to encourage investors to choose New Zealand for their "capital,

The investor visa is set to become "simpler and more flexible," New Zealand's Immigration Minister Erica Stanford said.

New Zealand is simplifying its so-called “golden visa” program, including removing an English language requirement, to attract wealthy immigrants and help spark an economic recovery.From April 1, the Active Investor Plus visa will be narrowed to just two categories,

The changes are expected to create more local jobs and give the country’s sluggish residential property market a shot in the arm.