Peter Thiel, head of Clarium Capital Management LLC and founding investor in PayPal Inc. and Facebook Inc., speaks during the LendIt USA 2016 conference in San Francisco, California, U.S., on Tuesday, April 12, 2016. Thiel discussed his outlook for the tech industry. Photographer: Noah Berger/Bloomberg via Getty Images

Tech billionaire and Trump adviser Peter Thiel has sparked a passport-for-sale row in New Zealand after it was revealed he was granted citizenship in 2011 despite visiting the nation only four times.
Thiel’s application was approved by the New Zealand government on the grounds his entrepreneurial skills and philanthropy were beneficial to the country, even though he didn’t meet the standard criteria or intend to live there, official documents released late Wednesday in Wellington show.
New Zealand has become a preferred bolthole for the ultra rich as they seek a haven from global political uncertainty and terror threats. Opposition parties accuse the government of turning citizenship into an asset wealthy foreigners can buy, a claim Prime Minister Bill English has denied.
“New Zealand looks very attractive when the world is as insecure and turbulent as it is at the moment, but that doesn’t mean our citizenship should be a commodity that’s up for …
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