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16 November 2018
The Knowledgeable Innovators and Worthy Investors (KIWI) Act was signed into law on 1 August 2018. The KIWI Act will allow eligible NZ nationals to enter the United States as non-immigrant traders and investors provided that New Zealand grants reciprocal treatment to US nationals.
Scott Brown, the US ambassador to New Zealand said:
With this addition of New Zealand to our eligible Treaty Traders and Investors visa program, we look forward to even greater bilateral commerce and entrepreneurship. The KIWI Act received overwhelming, bipartisan support in the U.S. Congress, showing the broad and unshakable support for the U.S.-New Zealand partnership. This legislation demonstrates the United States' continuing recognition of the value of Kiwi investment and innovation.
Brown said that he agrees with New Zealand's Minister of Foreign Affairs Winston Peters that this action will "improve access to the United States for New Zealand businesspeople and investors, further developing our trading relationship to the benefit of both countries". He also agrees with the NZ-US Council that the KIWI Act will "lower the barriers to success" for NZ businesses to succeed in the growing US economy.
For further information on this topic please contact Tim Braswell Jr at Fakhoury Law Group PC by telephone (+1 248 643 4900) or email (email@example.com). The Fakhoury Law Group PC website can be accessed at www.employmentimmigration.com.
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Tim Braswell Jr