Reuters via yahoo newsnew zealand will relax rules to woo foreign investment, pm says1 day ago

SYDNEY Reuters - New Zealand said on Wednesday it would free up its annual intake of highly skilled migrants and chart a faster route to giving them permanent residency, as rich nations compete to lure the best global talent. Several developed economies have boosted annual migration numbers or eased visa rules to help key businesses recruit staff to fill shortages after the COVID pandemic brought tighter border controls and kept foreign workers out.

He was referring to a yardstick setting an indicative number of residence places each year that kept skilled migrants from settling in New Zealand even if there was a demonstrable need.

Reuters via yahoo newsnew zealand will relax rules to woo foreign investment, pm says1 day ago: New Zealand will relax visa

From October, the government will also simplify its points-based system used to select skilled migrants, so helping to speed scrutiny of visa applications and give migrant workers more certainty regarding eligibility. New Zealand does not have a formal limit on the annual number of skilled resident visas, but manages the process in a so-called planning range that limits the numbers securing permanent residency.

The move comes as the labour market stayed tight, with the unemployment rate near a record low, while the labour force participation rate hit its highest in the March quarter since the series began in Shortsighted actions can have big-time consequences for retired workers. Irish super-featherweight boxer John Cooney dies after suffering a brain injury in last Saturday's defeat by Welshman Nathan Howells in Belfast.

Even Stevens alum Christy Carlson Romano said in a video post she was rushed to the hospital after being shot in the face while out shooting clay pigeons on her husband's birthday. The president signed an executive order establishing a White House Faith Office and chose Pastor Paula White-Cain, his ally and spiritual advisor, to lead it.

White-Cain, 58, is a megachurch preacher from Florida who has endorsed biblical interpretations that some evangelical Christians.