I've always felt that NZ was a sensible place for startups (in theory, I've never been). A nice clean country, easy of doing business, no capital gains tax, respectable government, no drones or porno scanners, California-like in north (and amazing scenery every in general), impressive # of tech companies in relation to size. They'd be smart to do a Start-up Chile sort of program. If I were a VC and wanted an adventure, I'd set up shop in Auckland and target the promising startups who couldn't get US visas.

http://ease-doing-business.findthedata.org/