The New Zealand Entrepreneur Visa allows the experienced and skilled business people who are willing to work and run their own business. This visa is designed to attract the migrants who can invest in New Zealand and that eventually helps in increasing the economy . The candidates can start their business through Entrepreneur work visa NZ which allows them to relocate in New Zealand and establish their business. After the span of two years, you can apply for the residence visa under Entrepreneur visa category. For being eligible to apply, you have to meet the requirements and all visa conditions. The Entrepreneur Visa program is designed for talented, entrepreneurial immigrants who are seeking to establish a new venture in New Zealand.
The Entrepreneur work visa is a three year work visa and is segregated into start up stage and balance stage. Entrepreneur work visa category under this program allows you to enter New Zealand and buy or grow profitable businesses, and create jobs for New Zealanders. After a period of 6 months or 2 years you can then apply for a residency status under Entrepreneur residency visa category. This visa allows the business people who want to work in their own business in New Zealand. To apply, you need to have definite and constructive business plan. Check out the requirements or eligibility criteria for this visa:
Check out your eligibility for an Entrepreneur Work Visa under the Points System:
Relevant Employment | |
Work experience | Points |
10 years +
|
40 points |
5 years +
|
30 points |
3 years +
|
20 points |
Other Self Employment | |
10 years +
5 years +
|
20 points |
3 years +
|
5 points
|
Relevant Senior Management Experience | |
10 years + | 10 points |
5 years + | 5 points |
Points for Benefit to New Zealand (can be awarded in up to two categories) | |
New full time employment creation | |
10 plus new full time positions for New Zealand citizens or residents | 80 points |
5 new full time positions for New Zealand citizens or residents | 50 points |
3 new full time positions for New Zealand citizens or residents | 30 points |
2 new full time positions for New Zealand citizens or residents | 20 points |
1 new full time position for New Zealand citizen or resident | 10 points |
Points for approved export business (based on annual turnover) | |
NZ$ 1,000,000 plus turnover | 80 points |
NZ$ 750,000 plus turnover | 60 points |
NZ$ 500,000 plus turnover | 40 points |
NZ$ 400,000 plus turnover | 30 points |
NZ$ 300,000 plus turnover | 20 points |
NZ$ 200,000 plus turnover | 1) 10 points |
Points for unique or new products or services to New Zealand | |
A credible business proposal that provides unique or new products or services to New Zealand or to a particular region. | 30 points |
Points for Capital Investment (excluding working capital) | |
NZ$ 1,000,000 | 80 points |
NZ$ 750,000 | 60 points |
NZ$ 500,000 | 50 points |
NZ$ 400,000 | 30 points |
NZ$ 300,000 | 20 points |
NZ$ 200,000 | 10 points |
NZ$ under 200,000 | 0 points |
Points for Age | |
24 and under | 15 points |
25-49 | 20 points |
50-59 | 10 points |
60 and over | 0 points |
Bonus Points | |
Business outside Auckland | 40 points |
The entrepreneur visa allows you to live permanently in NZ if you have set inventive and poignant business in NZ that displays potential. You can attain residency through these categories:
For both the above categories, you have to meet the character, health and English requirements. The applicant can include their family members in their visa application. The partner or dependent children can easily avail student or work visas if they are following the Entrepreneur visa holder.
Benefits for the Entrepreneur visa holder
In this visa program, you can straight away file your visa application, if you meet the eligibility requirements for an entrepreneur work visa category, by lodging a paper application to the business migration branch in New Zealand with all the required documents to prove you claimed points.
After a period of either 6 months or 2 years one can apply for residency under Entrepreneur visa residency category.
For availing more information about New Zealand Entrepreneur Visa, call us via official helpline number +919625212959 or drop your queries on info@makevisas.com. In order to get full information about this visa and how does it work, you can contact our experts who are always at your service.