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Larry Page granted New Zealand residency

Tech & IT desk || shiningbd

Published: 11:56, 8 August 2021   Update: 11:56, 8 August 2021
Larry Page granted New Zealand residency

New Zealand`s authorities say Larry Page applied for residency under a category for wealthy investors

Larry Page, Google's co-founder and one of the world's richest men, has been granted New Zealand residency under a category for wealthy investors.

Applicants are required to invest at least NZ$10m ($7m, £5m) in New Zealand over three years.

Mr Page entered New Zealand in January when its borders were still closed because of Covid-19.

But the government said he was allowed in because of a medical emergency application involving his son.

Mr Page, 48, had applied for residence in November. However, his application could not be processed because he was offshore at the time.

But in January, the US tech billionaire was allowed into New Zealand so his son could be evacuated from Fiji because of a medical emergency, the government confirmed on Thursday. His application was approved in February.

In parliament this week, Health Minister Andrew Little defended the decision to grant him entry.

"[His entry] met all the standard conditions of a medical emergency requiring a medical evacuation from the islands, and every requirement and regulation that was in place... was complied with," Mr Little said, according to a transcript on the parliament's website.

Some critics of the decision highlighted its apparent unfairness.

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