close
MENU
Hot Topic Hawke’s Bay
Hot Topic Hawke’s Bay
General Business
8 mins to read

Chinese burns: an investor immigration scheme goes bad

As one couple fights for the return of millions of dollars, questions are raised about potential abuse of investor class visas.

The process used to transfer money from China to New Zealand did not comply with Immigration NZ rules.

Tim Hunter Wed, 18 Jan 2023

Speaking through an interpreter, Youngjie Wang says he knew getting millions of dollars out of China could be difficult – that’s why he went with a company that had an official endorsement from Immigration New Zealand.

Or at least, that’s what he says he was led to believe.

A crucial part of

Want to read more? It's easy.

Choose your best value subscription option

Student

Exclusive offer for uni students studying at a New Zealand university (valued at $499).
Individual
Group membership
NBR Marketplace

Yearly Premium Online Subscription

NZ$499.00 / yearly

Monthly Premium Online Subscription

NZ$44.95 / monthly

Smartphone Only Subscription

NZ$24.95 / monthly

Premium Group Membership 10 Users

NZ$350+GST / monthly

$35 per user - Pay by monthly credit card debit

Premium Group Membership 20 Users

NZ$600+GST / monthly

$30 per user - Pay by monthly credit card debit

Premium Group Membership 50 Users

NZ$1250+GST / monthly

$25 per user - Pay by monthly credit card debit

Premium Group Membership 100 Users

NZ$1875+GST / monthly

$18.75 per user - Pay by monthly credit card debit

Yearly Premium Online Subscription + NBR Marketplace

NZ$499.00 / yearly

Already have an account? Login
Tim Hunter Wed, 18 Jan 2023
Contact the Writer: thunter@nbr.co.nz
News tip? Question? Typo? Let us know: editor@nbr.co.nz
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
Chinese burns: an investor immigration scheme goes bad
General Business,
97267
true