There's no downside to New Zealand's latest 'golden visa' scheme, according to a former Labour Cabinet Minister. 

The Government's confirmed almost 200 applications have been received from overseas investors since settings loosened in April. 

Former Minister Stuart Nash, who launched golden visas in 2022, told Ryan Bridge it's not just about the financial investment. 

He says it's about the networks, connections, competencies, capabilities, and experience these people will bring to Aotearoa and the companies they're investing in. 

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