Business people have a choice in the type of application they wish to apply under that will allow them to work and gain residence in New Zealand.
Employers may wish to extend their work force with specific skills that are not available in New Zealand.
Business people may use one of the following visas that will allow them to work and gain residence in New Zealand. The various criteria are described under each individual application type.
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- GLOBAL IMPACT VISA (GIV)
- ENTREPRENEUR RESIDENCE CLASS VISA
- ENTREPRENEUR WORK VISA
- EMPLOYEE OF A RELOCATING BUSINESS
- INVESTOR CATEGORY
- ACCREDITATION
GLOBAL IMPACT VISA
INZ has designed a new Global Impact Visa (GIV’s) to bring innovative, global entrepreneurs to New Zealand
EMPLOYEE RELOCATING BUSINESS
This is a category primarily for medium to large size businesses.
An application lodged under this category is likely to also be vetted and approved by Tradenz (New Zealand Trade Development Board).
ENTREPRENEUR RESIDENCE VISA
Residence may be obtained under the Entrepreneur Residence Visa.
Under the six month option, where the applicant has been self employed in the business for 6 months, and has invested at least $500,000 (excl working capital), and has created at least 3 full time jobs for NZ residents/citizens, and have a Entrepreneur Work Visa or LTBV at the time that they lodge this application.
Under the two year option, where the applicant has two years of successful self-employment in the business on an open work visa or in a business approved under the Entrepreneur Work Visa or LTBV category, an application for residence may be lodged under the Entrepreneur category.
Applicants must provide clear evidence that they have met the above described criteria, added value to an existing business and created employment for New Zealand residents and or citizens as per business plan.
Certain other criteria are also required to be met.
ENTREPRENEUR WORK VISA
The New Zealand Government wishes to attract talented, enterprising, well-connected business people to invest and grow businesses in New Zealand.
The Entrepreneur Work Visa operates under a points-based system that will result in higher quality, more productive businesses.
Points will be offered for criteria including age, job creation, export potential, and business experience. A minimum capital investment of $100,000 will also be required to ensure applicants have the means to create high growth and innovative businesses.
Please follow this link to view the current Entrepreneur Work Visa Points Table.
This policy encourages innovative, export focused businesses, while demonstrating a commitment of the Government to the regions.
It is expected that these changes will attract talented, entrepreneurial migrants who can invest in New Zealand communities, grow profitable businesses, and create jobs for New Zealanders around the country.
INVESTOR CATEGORY
Investor Business Migration visas are for investors who want to gain residence in New Zealand.
Recent changes have been made to the Investor Visa policies to further recognise and reward higher levels of business experience, English language skills and growth oriented investments.
ACCREDITATION
This application is for Employers who wish to supplement their current work force with skills and experience not readily available in New Zealand.
The company is required to submit information regarding their financial viability and sustainability and that they are an ethical employer. Other specific requirements include for instance the salary payable.
Accreditation will be granted for a period of 12 months, renewable each year, allowing the Employer to attract employees from overseas.