Candidates for this visa first apply for an Entrepreneur work visa which is valid for 3 years. If the criteria of that work visa is met, it can then lead onto a residence. This offers great opportunities to experienced business people who want to work in their own business in New Zealand.
New Zealand is recognised around the world as a safe, stable and honest country in which to do business. We are 1st out of 141 countries for Macroeconomic Stability. This means that you can have confidence your investment and skills will be safe and respected should you chose NZ.
(Source: World Economic Forum, Global Competitiveness Report 2019) and 1st in the world for corruption transparency (Source: Corruptions Perceptions Index, Transparency International, 2021).
If you’re granted an Entrepreneur work visa, you can buy or set up a business in New Zealand. A capital investment of at least NZ$100,000 is required.
Key points of interest for this visa are:
- You must prove you have at least 120 points on the Entrepreneur Work Visa points scale (link this text to https://www.immigration.govt.nz/new-zealand-visas/apply-for-a- visa/tools-and-information/tools/points-scale-entrepreneurs-work-visa
- You must provide an immigration specific business plan
- You can buy an existing business or set up your own.
If the business is successful this can support an application for residency for you and your family. You will need to show you have complied with immigration and employment law, that you and everyone included in the application meet the minimum standard of English language and that all relevant health and character requirements are met.
Identifying the potential points you can claim and selecting which points are most likely to make your application successful is complicated, speak with us now to gain further details and hear about how we can support you to meet the criteria for this visa.
These are different to the usual type of business plan you may be familiar with, including additional and specific criteria if you are purchasing an existing business.
The plan must contain a portfolio of evidence to support the claims made in the plan.
Business plans are carefully assessed and verified by Immigration NZ, which can include asking other agencies to be involved in the assessment. You may even be interviewed as part of your application process. NZ Visa Connections works closely with many preferred partners in and we can refer you to someone who understands your particular business and skills.