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New `high impact' visa launched

NZ NewswireNZ Newswire 29/04/2016
File photo of Michael Woodhouse. © Hagen Hopkins/Getty Images File photo of Michael Woodhouse.

A new category of visa has been launched, designed to attract "high-impact entrepreneurs" to New Zealand.

They're called global impact visas and Immigration Minister Michael Woodhouse says the aim is to attract younger, highly talented, successful and well-connected entrepreneurs to establish their ventures in New Zealand.

"It will also help expand the pool of smart capital by attracting individual investors and entrepreneurs to live here in New Zealand," he said on Friday.

The visas will initially run as a four-year pilot, and be limited to 400 visas over that time.

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