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PDF Editor FAQ

Is it true that New Zealand is no longer accepting new citizens?

I believe your question is intending to ask “Is it true that New Zealand is no longer accepting new immigrants?New citizens must have been legal residents in NZ for 5 years and meet other criteria, but there are no changes to the qualifications for citizenship.Migrants however will see changes. Most notably, there were many abuses of the system resulting in work-arounds that did not benefit the nation. It is not in the interest of a nation to seek migrants who are unhappy where they are, but to seek migrants who can make the host nation better. In other words, proactive as opposed to reactive migration.There also is another problem specifically associated with China. In China, people cannot own land. They know from experience that at any time, the government can change and their wealth confiscated, their freedom or even their life lost. In a nation of 1.4 billion people, a few look to New Zealand as their bolt hole, but that few has a huge impact in a country of 4.7 million. They bring large amounts of money - often illegally exported, and in some cases, perhaps quasi-legally earned, with which they buy NZ property. This has contributed to median real estate prices rising to ten times median annual household income, when the conservative ratio should be 3:1. It created an affordability crisis for wage-earning Kiwis who cannot compete.Why would they pay so much? Because they are focused on capital preservation, not capital gain. If the wealth stays in China and it is confiscated,it’s gone. If the investor holds legal title to real estate in New Zealand, it is much harder to confiscate. 50% of something is better than 100% of nothing.Further, anecdotally, some Chinese investors prefer not to be bothered with the messiness of tenants, so they buy residences and evict the tenants. Sure they lose a bit of income, but that means they do not have to hire managers, file income tax returns and generally have a higher exposure that could draw attention to themselves. This is said to be a reason for the rental crisis in Auckland.The new government - consisting of Winston Peters’ NZ First party which has been focused on how NZ gets screwed, and Jacinda Ardern’s Labour party which sees it must get housing under control - sees the immigration levels and the housing crisis as intertwined. Therefore, they see that greatly reducing quotas, and being more selective in who is granted visas, will reduce the pressure on housing.So NZ is still accepting migrant applications, but at a reduced and more controlled level, but nothing is changing in regard to gaining citizenship.

Is there a rental property loan? And what are some qualifications?

Yes, you can get a rental property loan against the security of your rental income. This loan can be used to meet personal as well as business needs such as education, marriage or work-related to improving the house.To take a rental property loan, you need to fulfil these eligibility criteria:The property against which you take a rental property loan should already be rented, and you are receiving a rental income.The landlord and the tenant should have a good credit score.You should have a rental lease agreementYou can avail a rental property loan for a maximum of 15 years.You can get 70%-90% of the value of the property as a rental property loan.Documents for rental property loan: You require the following documents to avail the loan.Loan application formPhotographIdentity proofResidence proofEducational qualifications certificateLatest 3 months’ salary slip and documentation of business existenceForm 16/ITR or latest three years’ Income Tax returns or business profileLatest six months’ bank statement or last three years’ profit/loss and balance sheetProcessing fee chequeProperty related documentsTitle of ownership of propertyApproved sanction/building plan

How can those of us in the 'hateful 48' who wanted to stay in Europe remain EU citizens as opposed to UK subjects?

This question is on the minds of a large percentage of the population. I can assure you from first hand knowledge that even people who voted for Brexit are also seeking to retain EU citizenship. I know of several Brexiteers planning on leaving the country, not just talking about it, actively implementing the plan.Bearing in mind that after we leave the EU we will lose our right to freely move to and live in the EU, we will be no better off than anyone from any other part of the world trying to beat down the door of the EU. You simply have to look at how people from Africa, central Asia and the Middle East are risking their lives, going to sea in unsafe boats or making incredible and dangerous journeys on foot with nothing back a backpack to realise how hard it is to get to live in the EU if you don’t have the right to do so. The desperation of the people trying to get in and the very low success rate says it all. Look at how Britain has turned its back on the refugee crisis and the horrifically xenophobic rhetoric in the press against immigrants and refugees and realise that we will now be on the other side of that privilege.We will be begging the mercy of Europe to resettle on exactly the same basis as the rest of the work begging to get in.There are many strategies but they fall into five main groups:Right to citizenship through ancestry or marriage. This is the most common method used. So much so that there is an (illegal) industry, especially in certain communities, based around arranged marriages to gain the right to stay in a country. The ancestry rules and marriage rules differ between countries and through marriage you will need to live and work for about 5 years before gaining citizenship.The Irish naturalisation web service crashed after the vote to Leave result came through with the volume of people looking up their Irish ancestry and applying for Irish citizenship. The volume of applications has created stress in the Irish system. Similarly, German, Dutch, French, Spanish and Portuguese applications have all been soaring as people go digging through the ancestry archives in search of lineage that entitles them to an EU member passport.People of Jewish decent who left Germany in the early 1900s are in a particularly favourable position to apply for a return of German citizenship. Non-Jewish people may also have a case to present for German citizenship.Skills and special qualifications: Work permits are used worldwide, where a country recognises that they need special skills or qualifications and give someone permission to work in the country if they have those skills and a sponsored by a company.The rules vary between countries. Some also have an entrepreneur route (usually involving a lot of money in the bank) for people creating jobs in the country. Work permits are usually specific to a specific company, doing a specific job at a specific salary.Usually after about 5 years of continuous service on the work permit, you are able to apply for residency and/or citizenship. This varies widely between countries. Work permits usually need to be renewed every year with the justification for that renewal given by the sponsoring company.The closer it comes to your term of citizenship being reached, the more the immigration authorities will question that justification and ask why local people cannot do the job that you are doing. They will require proof that the company has genuinely tried to employ and EU citizen and genuinely cannot fill the role that you are in with an EU national.If at any stage that situation changes, you are sent back home and all the years that you built up are scrubbed. If you get another work permit, you have to start the clock from zero.Large investment or financially independent retirement. Many countries allow wealthy people to simply relocate to their shores, almost always provided that you are subjected to local taxes. The criteria for this varies but almost always requires genuinely disposable cash in the bank of at least £250k as well as numerous other assets and proof of continued passive income (e.g. pension or property rentals).The receiving country not only wants to be assured that you will never be a liability on them, but that you will be bringing substantial assets and wealth to the country.Hoping for Scottish or Northern Irish independence: Scottish independence is firmly on the agenda.If the UK has a hard Brexit, a second referendum on Scottish independence is almost certainly going to be called because the Scottish people overwhelmingly voted to remain in the EU and are very angry at having voted for unity the first time largely on the basis that they will retain their EU membership, only to then immediately have England vote to leave the EU and they are losing their EU rights against the will of the people.A substantial number of people have been quietly buying property in Scotland or Northern Ireland in the hope that an independence referendum happens that they will be entitled to retain their EU citizenship.However, this is a high risk (desperate) strategy because there are no guarantees that Scotland will be allowed to retain EU membership. If it happens, the referendum will be after the UK has removed itself from the EU. This means that Scottish citizens would have lost their EU status. The application to the EU would therefore not be on the basis that the EU is obliged to protect citizens from having their citizenship removed from them.An EU application would face hurdles. Countries like Spain have a high risk of vetoing break-away countries being admitted because of internal problems with their own unity. Then there is the significant problem that the EU has shut its doors to application for membership. If the EU were to make a special case for Northern Ireland or Scotland, countries such as Turkey would quite justifiably have a genuine complaint as they have been in the queue for 2 decades so far. The EU would have a serious problem explaining why Scotland could queue jump. Or even, why they were admitted to the queue given that the doors are now closed.Some sort of stunning deal with the EU that enables us to keep our citizenship. The UK government and Brexiteers will strongly oppose this. They are not satisfied with the loss of their own status, they are insistent that everyone loses their status. However, the EU is obliged to protect its citizens from having EU citizenship removed from them against their will.There is a tiny chance that the EU will enable UK citizens who treasure their EU citizenship to be able to retain their citizenship. However, this is fraught with problems such as who will defend our EU rights while we are resident in the UK? The UK government and Brexiteers insist that the ECJ has no oversight here. But as EU citizens, the ECJ protects us and is the ultimate artbiter of our rights. Similarly, we have human rights as citizens of the EU and the UK government is determined to do away with human rights.Retaining EU citizenship has problems but could be agreed. The best bet to secure it is to keep lobbying our EU defenders, Guy Verhoefstad in particular. Lobbying UK MPs is useless as hardcore Brexiteers are in charge of the negotiations and they have no desire to allow anyone in the UK to retain EU citizenship.Lobbying the EU key players on the basis that you are having your EU citizenship removed from you against your will is probably the best way of securing your continued EU rights. There is a legal precedent for the EU to protect you, you are an EU citizen alreday and you have expressed your desire to retain your EU citizenship.If enough people lobby the EU key players, there is every chance that the EU will build into the Brexit agreement that UK citizens wishing to retain the EU citizenship will be given an agreed window (probably around 2 years) to secure that citizenship either by relocating to the EU mainland or by switching citizenzhip to an EU nation and remaining in the UK subject to UK immigration laws.As dual nationality is legal in the UK, the simplest solution would appear to be acquiring an additional citizenship.The UK is about to learn the value of what we had. While economic benefits dominate the headlines, soon the social benefits of membership will be a surprise to at least 52% of the population as reality without them becomes clear.Brexit is a temporary instance of ignorance and misguided emotions. However the damage done is permanent, multi-generational and now a permanent blight on our national history.We don’t get to undo the terrible things that Nigel Farage said in the EU parliament. We cannot undo the murders on our streets, the rise in hate crimes, the loss of international reputation nor the damage done to our relationship with our EU family members.We may never recover from the set-back to our nation though the loss of R&D projects, participation in key industries and repatriation of skills and the soft power of workers having come here, learnt our language and culture, then returned home with a positive experience and image of our country. The damage to us as a nation is already immense. This is contributing to the number of people wishing to leave these shores. People whom we need for prosperity.The referendum has fractured of our society, damaged or destroyed friendships, soured business relationships and produced a rise of extremism. Formerly integrated citizens have withdrawn into echo chambers and there is a noticeable drift to extremism as a result of unchallenged views and a right wing press that has opened the floodgates on their poisonous rhetoric and fake news.These unwelcome new realities that will take decades, if not generations, to overcome. The damage is permanent because a change in the direction of the stream at source determines the long term flow and direction of the river to come.Undetected and underreported are the disinvestments from future-creating activities such as major joint R&D initiatives, participation in Airbus and other strategic projects and participation in the 60 international trade deals that the EU has in place that enables not just our economic activity but also our soft power, influence and international status.The heartbreaking truth is that while we will be crashing out of international trade deals and limiting our export capabilities, there is an export that looks increasingly likely to grow: The export of economically important people, R&D and businesses.So there are a number of ways to retain EU citizenship but all of them depends on you being motivated, taking action now and working hard at it. The more people who join the clamour, the more likely it will be that the EU will create a mechanism for those who seek to retain citizenship to do so.It is clear that a reasonable percentage of people who voted for Brexit will make use of the option to retain EU citizenship.

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