The New Zealand Government has several visa categories to attract potential business and investor migrants to undertake business and/or investment in New Zealand, and which can lead to these migrants attaining New Zealand permanent residence.
These categories comprise:
Investor Plus (Category One) – requiring investment funds of NZ$10 million+
Investor (Category Two) – requiring investment funds of at least NZ$3 million+ (can be reduced to NZ$2.5 million)
Entrepreneur Work – a 3 year work visa to enable an applicant to establish or purchase a business in New Zealand and to own and operate this business. The business must be able to satisfy the policy requirement for high growth, innovation or export development. This is a points based category which normally requires a minimum business investment of at least NZ$100,000, however most applicants must invest more in order to achieve the required policy points. Additional points are available for businesses located outside of Auckland and also for new employment creation and export revenue. This visa category can be very challenging with very slow processing times (currently 16 months) and very high decline rates (80%+) and is not particularly conducive to applicant’s with an immediate or urgent business plan.
Entrepreneur Residence – after two years of owning and operating a business Entrepreneur Work Visa holders can be eligible to apply for New Zealand residence if they have undertaken their original business plan and achieved the business outcomes forecast in their plan (including revenue and employment forecasts)
Entrepreneur Plus Residence – if an Entrepreneur Work Visa holder has invested NZ$500,000 or more in their business, and created at least 3 new employment roles, they can be eligible to apply for Entrepreneur residence after 6 months of business operation. However it can be very difficult to evidence that a business is profitable and can financially support 3 employees after only 6 months trading.
Further information on the above visa categories can be obtained from the link here New Zealand Government Immigration Website – or you can copy and paste the following link into your browser https://www.immigration.govt.nz/new-zealand-visas/options/start-a-business-or-invest.
Alternatively if you wish to seek further specific information and guidance relevant to your individual circumstances you may wish to consult with our recommended providers of New Zealand immigration and visa services – Pathways to New Zealand Ltd
Pathways is one of the longest established (since 1992) and most successful professional providers of New Zealand immigration and visa services in New Zealand with 11 licensed immigration advisers who, collectively, have over 100 years of immigration work experience. Pathways has assisted a wide range of migrant clients within New Zealand and throughout the world in all aspects of their New Zealand immigration requirements and some 16,000 people from over 100 different countries have to date benefited from the immigration expertise of Pathways.
Contact – Richard Howard
Phone: +64 7 834 9222
Pathways to New Zealand Ltd
Private & Corporate Immigration Specialists
5th Floor, 1 Bryce Street
PO Box 7089
Hamilton, New Zealand