New Zealand like most industrialized countries count on the growing number of immigrants to fuel their economy.

The country's Immigration Minister Jonathan Coleman claimed in a press release that migrants settle into the country extremely well and could find work quickly.

According to a new research by the Department of Labor, 90 percent of migrants are very satisfied with life in New Zealand. The same percentage reported being settled and working eighteen months after arriving in the country.

The Longitudinal Immigration Survey: New Zealand (LISNZ) shows that vast majority of new migrants are well adjusted and immediately contribute to the economy of the country.

New Zealand ranked 8th among the thirty democratic nations that were surveyed on the level of happiness of their people.

''The survey results emphasize the contribution that skilled migrants make to New Zealand. Packing your life up and shifting to a new country is a big decision to make, '' Minister Coleman says.

Coleman further said that, ''It is important to our future that migrants settle well. Migrants contribute around $1.9 billion a year to our economy and New Zealand is competing with overseas countries to attract skilled people to bolster our workforce.''

He said that the latest research was a study of migrants who arrived in New Zealand under the skilled migrant category. Ninety-two percent of those surveyed were gainfully employed and had said to have no significant difficult experience in finding a job.

''We are seeing a really positive trend with skilled migrants. They are productive, they give employers the skills that might not be available in the workforce and they contribute to economic growth, '' he stressed.

A relatively similar study conducted earlier by the country's Department of Labors Wider Economic Impact's of Immigration Research Program, showed that increased immigration reduces production costs, improves the competitiveness of New Zealand goods and services benefiting exports domestic investment and consumer spending.

Meanwhile, the "Silver Fern" is a new visa category introduced by the New Zealand Government that is gaining popularity among the young people. Individuals between the ages of twenty to thirty-five years old, with bachelors' degree or trade skills with two years work experience are encouraged to apply under this category.

Minister Coleman said that the speed in which the quota was met highlights the attractiveness of the Silver Fern visa and New Zealand's reputation as a great destination for skilled young people.

''We are in competition with other countries for enticing young, skilled people and the Silver Fern visa is doing just that," he added.

Coleman further explained that the visa provides applicants a nine-month job search permit and once they find skilled employment, they can stay for two more years while applying for resident permit. This gives employers the security of knowing their employee can remain here long-term.

The popularity of the new visa shows the Government has the right policy settings to attract skilled young people to New Zealand, says Minister Coleman.