US President Donald Trump has signed a new law that will make it easier for New Zealanders to trade or invest in the United States
The new act is technically called the Knowledgeable Innovators and Worthy Investors Act – or Kiwi Act. It allows New Zealanders to apply for special trade and investment visas.
Prime Minister Jacinda Ardern said The Kiwi Act will increase trade and investment between the United States and New Zealand and will benefit both our countries.” She expects the legislation to be a “big boost” to New Zealand businesses.
US Ambassador to New Zealand Scott Brown welcomed the legislation.
“This is a historic day for the United States and New Zealand partnership. Today’s announcement is a testament to the long-standing friendship and economic cooperation between the United States and New Zealand,” he said.