If you wish to start or purchase a business and settle in New Zealand, you may apply for an Entrepreneur Work Visa. This visa allows you to establish or buy a business and live in New Zealand.

Investment Requirement:

• You must make a capital investment of at least NZ$100,000. This requirement may be waived if your business is in the science, ICT, or another high-value export sector, or if it shows high innovation or short-term growth potential.

Family Inclusion:

• Your spouse and dependent children can be included in your application.

Visa Duration and Business Establishment:

• Once approved, you must start your business and make the capital investment within the first 12 months.
• The visa is valid for 12 months during the start-up stage and can be extended for another 24 months once you provide proof that your business has been established as per your business plan.

Path to Permanent Residency:

• After three years, you may be eligible for an Entrepreneur Resident Visa, which grants you Permanent Residency. This allows you to live and work indefinitely in New Zealand.
• To obtain permanent residency, you must have met the conditions of the Work Visa, continue doing business in New Zealand, create jobs, and demonstrate your commitment to living in the country.

Path to Citizenship:

• After five years of residency (temporary or permanent), you may be eligible for citizenship. You will need to show ties to New Zealand, such as a permanent home, and demonstrate knowledge of the country’s history, culture, and values.

Requirements:

• Financial Evidence: Proof that you have the funds or assets for the capital investment and enough money to support yourself and any accompanying family members.
• Lawful Ownership: Evidence that the funds/assets are owned by you and earned lawfully.
• Points Requirement: At least 120 points on New Zealand’s Immigration point scale, based on age, capital investment, business experience, business benefits to New Zealand, and business location.
• Business Plan: Detailed plan including industry, location, financial forecasts, and evidence supporting your points claim. If purchasing an existing business, provide evidence of its value, profitability, and employment levels.
• Health and Character: Medical examination and chest x-ray to prove good health. Proof of good character, no security risk, and no threat to New Zealand’s international reputation.
• Legal Compliance: Compliance with immigration, employment, and taxation laws. No past investigations for fraud or business impropriety.
• English Language: Acceptable English language test result or proof of English-speaking background. Dependents must also meet this requirement.
• No Welfare: Do not apply for or accept welfare assistance while in New Zealand.

Restricted Nationalities:

• No nationality is officially restricted.

Dual Citizenship:

• Dual citizenship is recognized in New Zealand. You do not need to renounce your previous nationality to become a citizen.

Documents Required:

• Original and photocopy of passport
• Medical certificate
• Original police clearance certificate
• Evidence of language skills
• Original or certified copy of birth certificate (if applicable)
• Original or certified copy of marriage certificate (if applicable)
• Bank statement
• Proof of assets
• Business plan
• Two passport-size photos

For more details and assistance with your application, contact us for a consultation and price quote. Our immigration consultants are ready to help you achieve your business and residency goals in New Zealand.