FAQS: Entrepreneur Work Visa For New Zealand
Do you want to move to New Zealand, but you don’t want to work for a boss? Do you have experience in running your own business? Do you consider yourself to be an entrepreneur? Would you like to buy an existing business in New Zealand?
If you answered ‘yes’ to any of these questions then the entrepreneur work Visa for New Zealand, may be an ideal visa option for you.
What is the purpose of the Entrepreneur Work Visa for New Zealand?
The fundamental purpose behind the Entrepreneur Work Visa for New Zealand is to attract talented entrepreneurial migrants who can invest into New Zealand. The idea is that they can invest in the communities, create job and grow profitable businesses, thus making a huge contribution to the New Zealand economy.
What are the requirements for an Entrepreneur Work Visa?
In order to successfully obtain an Entrepreneur Work Visa for New Zealand, you will need to meet the requirements.
- A minimum capital investment amount which excludes working capital.
- You will need to meet the points 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.
What does the Entrepreneur Work Visa entitle me to do?
This visa entitles you to do the following:
- Buy or set up a business in New Zealand.
- Work in your business in New Zealand.
- Work up to a period of three years in totality.
- Include your partner, dependents and children who are under 19 years of age in your visa application.
What else should I know about the Entrepreneur Work Visa?
When it comes to the Entrepreneur Work Visa for New Zealand there are some important aspects which you need to be aware of, right from the get-go.
- You won’t be able to obtain an Entrepreneur Work Visa if you have been made bankrupt or been involved in any form of business failure in the last five years.
- If you have been involved in any business related fraud, you won’t be able to obtain a visa.
- If your business falls into the science or ICT sectors and displays a high level of potential and innovation, there is the prospect of waiving the New Zealand initial capital investment requirement.
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.