Record high immigrants from India to New Zealand

The economists are of the view that this trend is likely to continue as they see no signs of slowing down.

The Dollar Business Bureau

Indian’s have been relocating on a larger scale to the place known to keep you under the spells of beauty. The migration from India to New Zealand has seen a robust high. India and its neighbour China, have largely contributed to the net gains of 12,100 and 7,700 migrants over the year till May. The economic boom in New Zealand has succeeded in coaxing people into the country, thus booming the economy more. The latest statistics of New Zealand shows a record of 57,800 permanent and long term migrants during the year. And, it is also noted that the figures continue to see a raise over the last 10 months. And only in the month of May, it saw a seasonal adjusted migrants of 5,100. The economists are of the view that this trend is likely to continue as they see no signs of slowing down. Though these net gains have increased only during recent years, there have been no net gains reported for the more than 20 years up till March. A Reuters report in 2014 showed that the increase in the immigrants have also added to the countries vivacious labour supply. The inundation of skilled labour from Asia is being cracked by New Zealand, after the firms started focusing on expansion after they recovered from the global financial crisis in 2008.    

June 23, 2015 | 7:20 pm IST.

The Dollar Business Bureau - Jun 23, 2015 12:00 IST
 
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