Objective of the Entrepreneur Resident Visa
The objective of this category is to contribute to economic growth by enabling experienced business people to grow or establish a high growth and innovative business with export potential in New Zealand.
Application Requirements
Criteria for approving Entrepreneur Work Visa Application
- Meet a minimum of 120 points; and
- Provide a business plan specific to the proposed business; and
- Has sufficient business experience relevant to their business proposal; and
- Can establish a high growth and innovative business in New Zealand with export potential that benefits New Zealand; and
- Meet a minimum capital investment of $100,000; and
- Provide maintenance and accommodation for the period of the Entrepreneur Work Visa for themselves and any partner or dependent child/ren who will accompany them to New Zealand; and
- Provide evidence that the nominated funds and/or assets were earned or acquired legally; and
- Has not been involved in bankruptcy or business failure within the 5 years preceding the date their application was made; and
- Has not been involved in business fraud or financial impropriety; and
- Meet IELTS 4.0; and
- Meet health and character requirements.
Advantages of Entrepreneur Work Visa
- Shorter investment period (2 years only)
- Enjoy welfare benefits when becoming resident
- Low investment requirement (only NZD 100,000)
- New Zealand permanent residence provides a person with the right to remain living indefinitely in New Zealand without any residence requirement for renewing the permit like Australia and Canada
Application Procedures
Please feel free to contact us to help you assess your score and whether you will be eligible for an Entrepreneur Work Visa.