New Zealand grants residency to Google’s co-founder Page
TDT | Manama
The Daily Tribune – www.newsofbahrain.com
Larry Page, Google’s co-founder and one of the world’s richest men, has become a New Zealand resident, with immigration services saying he had applied under a category for wealthy investors.
“Larry Page submitted an application for residence under the Investor Plus Category on 3 November 2020,” Immigration New Zealand said in an e-mailed statement on Saturday. “As he was offshore at the time his application was not able to be processed because of COVID-19 restrictions.
Once Page entered New Zealand his application was able to be processed and it was approved on 4 February 2021.” The visa requires applicants to have NZ$10 million ($7 m) to invest in New Zealand over a three-year period, according to a statement on the immigration website.
New Zealand closed its borders to visitors at the start of the pandemic, except for the on-and-off travel bubble with Australia. The country allows only a limited number of returnees, requiring them to spend two weeks in a government-run quarantine facility.
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