So It’s Understandable That The Super-rich – Encouraged By The New Zealand Government’s Border Exemptions For Investors – Would Identify The Country As A Prime Destination To Avoid Attention And Accountability.

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Trudeau, speaking with reporters in Ottawa at his first full news conference since the Sept. 20 election, also said lawmakers would be back in parliament this fall - without giving a date - and that putting previously announced vaccine mandates in place would be a priority. "I have asked Chrystia Freeland to continue serving as deputy prime minister and our minister of finance, and she has accepted," he said. "We will be swearing in cabinet in the month of October and we will be bringing back the House of Commons before the end of fall," he added. Trudeau's Liberals were returned to power in a closely contested election, but fell short of winning a majority. That means they will continue to need the support of at least one opposition party to pass legislation. Despite that challenge, Trudeau said he hoped his new government would last the full four years, and that he was ready to work in partnership with other parties on the major issues. One of the first will be a promise the Liberals made to require vaccination for federal workers and for most domestic air and train travelers.

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View over Bay of Islands, New Zealand. In 2018, the Labour-led government banned ownership of property by non-residents . Anti-money laundering laws have been tightened since 2009. But New Zealand laws still cover the tracks of the wealthy. So it’s understandable that the super-rich – encouraged by the New Zealand government’s border exemptions for investors – would identify the country as a prime destination to avoid attention and accountability. One crypto investor even said last year he chose New Zealand after doing “billionaire hunting” to “figure out where all the other Silicon Valley people would be”. New Zealand isn’t a blank slate, empty land, or “off grid” – and never has been. New Zealand does not sit apart from the ills of the world, as much as people may like to construct an image of the country as a source of hope in bleak times. It’s a country that is, because of colonisation, well-integrated into global circuits of capital, imperialism, and power. Visa exemptions for wealthy investors are designed to draw in capital. New Zealand remains a member of Five Eyes, the security and intelligence network comprising the UK and three other white-majority settler-colonial states: Australia, Canada, and the US.

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