Entrepreneur work visas
Do you have business knowledge and expertise? Do you consider yourself to be an entrepreneur? Have you been successful at making your own money in the past? Do you understand business more than most people that you know? If you answered “yes” to these questions, then you may want to explore the option of applying for a work visa under the entrepreneur work visa category.
The entrepreneur work visas for New Zealand immigration, enables people to successfully move to New Zealand and run their own business. For many business people this is usually the first step on their path to applying for permanent residence in New Zealand.
The good news about entrepreneur work visas
The good news is that the entrepreneur work visas are designed specifically to attract talented entrepreneurial migrants into New Zealand. They are looking for business orientated people who can invest in the New Zealand communities, grow profitable businesses and create jobs in the country.
Investment visas for New Zealand
It is important to understand right from the get go, that entrepreneur visas are different from that of the investment visas for New Zealand. Investment visas are geared towards people who are looking to make a passive income and prefer not to work directly in the business itself.
This is for people who are looking to invest in bonds, stock or other investments. There is also a high financial requirement should you wish to consider an investment visa.
How does this visa work?
An entrepreneur work visa is a three year work visa which works in two distinct stages. The startup stage and the balance stage.
Start up stage
Should your visa be approved in this category, you will be given a 12 month work visa, which will allow you to buy or establish your business in the New Zealand economy.
Balance stage
This makes up the remaining 24 months of your visa. You will be granted the balance of your entrepreneur work visa , once you have clearly proven and displayed to the Business Migration Branch that you have taken the correct steps to successfully establish your business in New Zealand.
What are the requirements?
• The fundamental requirements for the entrepreneur work visa is a minimum capital investment amount which excludes working capital
• You will need to meet the point’s requirements
• Display a clear and concise business plan
• Be in good health
• Have good character
• Meet the English requirements
• Have a clean financial record
• Have no history of business failure, fraud or bankruptcy
What about my family?
One of the biggest advantages of this visa is that parents and children can be granted work and student visas for New Zealand. This is obviously dependent on them accompanying the holder of an entrepreneur work visa. In addition, they can also be included in an entrepreneur residence visa application.
I want to explore the entrepreneur work visa further
If the entrepreneur work visa for New Zealand sounds like it may be a good option for you, then it is going to be worth your while to work with a reputable and professional immigration for New Zealand agency that has the experience, knowledge and competencies to help you in your quest for permanent residence in New Zealand.
Remember that there are many different visa options for New Zealand. A fully licensed immigration advisor is able to offer you assistance in working with you and your unique circumstances in order to help you determine the visa which may be best for you and your family.
Find if you qualify for an Entrepreneur Work Visa of New Zealand
Book a consultation call with Sarah Hewitt, our licensed advisor, and you’ll find out if you meet the requirements to apply for an Entrepreneur Work Visa.
You’ll also discover how the application process works and what the costs and timelines are.
Our licensed advisor is registered with the Immigration Advisers Authority (IAA) of New Zealand, so you can rest assured that you’re getting advice you can trust.
