(Interview recorded on 12 September, 2025)

 

Paul Brennan chats with Wealth Morning editor Simon Angelo about whether encouraging millionaire migrants is good for New Zealand, weighing the benefits of capital, skills, and resilience against housing pressure and fairness.

  • Simon points to global mobility and rival schemes — from the UAE and US investor visas to Italy’s retirement visa and 7% flat tax — as a reminder that NZ must stay competitive.
  • He argues the $5m property limit here avoids crowding out first-home buyers, and says NZ’s tax settings and lifestyle compare well with Australia’s, though policy certainty matters.
  • The pair touch on KiwiSaver debates, the sustainability of NZ Super (around 5% of GDP), and the need to keep young people by unlocking housing supply and growing industries.
  • Simon’s bottom line: roll out the welcome mat for investment while protecting what makes New Zealand a safe, prosperous home.

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(This radio interview is general in nature and should not be construed as any financial or investment advice. To obtain guidance for your specific situation, please seek independent financial advice.)