Foreign nationals can live and work in New Zealand on a temporary or permanent basis by running a business or investing in the country. There are several pathways through which self-employed people, entrepreneurs, businesspersons, investors, and high-net-worth individuals can become New Zealand residents. The eligibility requirements and application process are different for each New Zealand Business Visa pathway listed below.
1) Entrepreneur Work Visa: For those who wish to set up their own business in NZ. Candidates must provide a detailed business plan, invest at least NZD 10,000 in the company, and score at least 120 points based on relevant criteria. Initially, the visa allows entrepreneurs to live in the country for 12 months at the start-up stage and then for 24 additional months after demonstrating that the business is established. This visa serves as the first step towards permanent residence.
2) Entrepreneur Resident Visa: For those who have worked in NZ as self-employed people for at least six months or have been operating an NZ business through another visa that allows them to be self-employed. Through this visa, entrepreneurs can continue running their companies and live permanently in NZ. To understand how to transition from the Entrepreneur Work Visa to the Resident Visa, seek the guidance of our expert business visa consultants.
3) Global Impact Work Visa: For entrepreneurs and investors who have been accepted by the Edmund Hillary Fellowship. It is a flexible visa option that allows the immigrant to live, work and study in NZ for three years while supporting or establishing an innovative venture in the country. After holding this visa for at least 30 months, investors/entrepreneurs can apply to live permanently in NZ through the Global Impact Permanent Residence Visa.
4) Investor 1 Resident Visa: For those who can invest NZD 10 million in New Zealand over three years. The funds must remain invested in an acceptable investment in NZ throughout the three years. Eligible investors can directly apply for residency by investment and move to NZ with their families.
5) Investor 2 Resident Visa: For experienced businesspersons with available assets or funds amounting to NZD 3 million. Before applying for the visa, candidates must submit an Expression of Interest (EOI) detailing their business investment and experience. Eligibility is assessed through a point-based system. If the EOI is successful, the investor, partner, and dependent children are invited to apply for permanent residence.
Our trained consultants provide a broad range of immigration services – based on more than 28 years of experience – including guidance on selecting an appropriate New Zealand Business Visa pathway, sourcing of funds, exploring financing options, documentation support, application management, and submission through licensed representatives, preparing viable business plans, facilitating sale and purchase of overseas businesses, company incorporation, taxation planning, and procuring visas for family members. To gain India’s most seasoned immigration consultants’ reliable support, contact 8595338595
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