New Zealand
An amalgamation of excellent working environment, comprehensive policy framework, high growth opportunities and diversified market place, New Zealand is among the most lucrative destinations for establishing a business or investing in an existing one. The Government of New Zealand has designed special business immigration visa categories that allow foreign entrepreneurs and investors to come to the nation and contribute significantly to the country’s economy.
There are mainly three types of visas that are offered by Immigration New Zealand under the business visa category. These are:
- Investor Visa
- Entrepreneur
- Work Visa
Why Choose New Zealand for Business Immigration?
New Zealand, known for its breathtaking natural beauty, friendly people, and robust economy, has become a magnet for ambitious entrepreneurs and forward-thinking business professionals. The country offers a favorable business environment, ample growth opportunities, and a stable political and economic landscape, making it an ideal destination to start, expand, or relocate your business.
With its strategic geographical location, New Zealand serves as a gateway to lucrative markets in the Asia-Pacific region, including Australia, China, and Southeast Asia. Its business-friendly policies, supportive government initiatives, and strong infrastructure further enhance its appeal, providing a solid foundation for business growth and success.
Entrepreneur Work Visa
Entrepreneur Work Visa is meant for those who wish to run their own business in New Zealand. Applicants of this category can also apply for an Entrepreneur Residence Visa once they have successfully run their businesses for a minimum of two years (or 6 months in case they meet the extra conditions).
On the other hand, individuals already on a Long-Term Business Visa (LTBV) can apply for permanent residency in New Zealand under the Entrepreneur Residence Category.
The basic requirements under this category are as follows: -
A minimum capital investment of 100000 NZD (apart from the working capital)
Score 120 points or more on the points scale, with points awarded for factors about the likely success of the venture and its contribution to the economy of New Zealand.
A clear business plan with satisfactory evidence demonstrating sure-shot success of the business venture in New Zealand
Clean recent history of bankruptcy, fraud and business failure
Character certificate and medical reports
A certificate (no more than two years old at the time of filing the application) from IELTS showcasing an overall band score of a minimum of 4 in the IELTS Academic and General Module, or furnish evidence of an English speaking background. However, IELTS is not compulsory.
Minimum 05 years as Senior Management experience or business owner from last 03 years.
How the Entrepreneur Visa Works
An Entrepreneur Work Visa is a three-year work visa that includes two stages
Start-up stage
Balance stage
The Start-Up Stage:
Under an entrepreneur Work Visa, you will be given a 12-month work visa initially. This would enable you to buy and/ or establish your business in New Zealand. Work Visa can be extended up to 3 years by satisfying the visa officer.
The Balance Stage:
Once you show the business migration branch that you have taken the appropriate steps to establish a business in New Zealand, you will receive approval for the remaining 24 months of your Entrepreneur Work Visa.
Examples of steps that can be shown to the business migration branch for this purpose include:
Transferring a capital for investment through the banking system
Actions that you have taken to establish your business:
documents that show the setting up of your business
documents for property purchase or taking a lease for the business’ site
invoices for equipment and supplies for your business
Agreements of employment, bank statements, utility company invoices, etc.
Business Immigration: Your Key to a Brighter Future
Obtaining a business visa and navigating the intricacies of the New Zealand business immigration process can be daunting without the right assistance. That’s where we step in. As leading business visa consultants, we have the expertise and knowledge to help you unlock the doors to New Zealand’s business opportunities.
Conclusion:
Fly High Abroad is your ultimate destination for all your New Zealand business immigration needs. As a trusted and experienced partner, we are dedicated to helping ambitious entrepreneurs and business professionals achieve their dreams of expanding or relocating their businesses to New Zealand. With our team of expert business visa consultants and in-depth knowledge of New Zealand’s business landscape, we provide unparalleled guidance and support throughout the entire immigration process.