NZ Safe Haven? $5m Visa, Immigration, AI & Sound Money — with Darcy Ungaro
Description
Is New Zealand really a safe haven for anxious millionaires—or just political window dressing? In this wide-ranging chat, John Kenel (21 years, 1,000+ homes built) and Darcy dig into:
• NZ’s “Active Investor Plus” $5m visa, why demand may be limited, and a fairness take on foreign-buyer levies
• Cost-of-living angle: using a levy to fund GST-off-food
• Immigration settings vs “tax the rich” politics, and Australia’s Division 296 super tax
• What “rich” even means now (and why $2–3m is just middle class housing)
• De-globalisation and tariffs, then AI as a deflation engine for small business
• Gold + Bitcoin as “sound money” and a hedge against money printing
Chapters
00:00 Intro
01:18 NZ as a safe haven, $5m visa, foreign-buyer levy, GST on food
12:23 Immigration settings, Division 296, “what is rich?”
24:21 Tariffs & de-globalisation → AI deflation → Gold & Bitcoin
38:39 Where to find John + course
If you’re building, investing, or just trying to protect your savings, this one’s for you.
Follow John on TikTok, YouTube, LinkedIn, Instagram @johnkenel
Check out John’s Property Development Club course to learn step-by-step residential development.
Disclaimer: This conversation is for education only and is not financial advice.