If you are an experienced business person and you want to be self-employed in your own business in New Zealand, applying for a work visa under the Entrepreneur Work Visa Category may be an option for you.
An Entrepreneur Work Visa will enable you to move to New Zealand and buy or establish your own business. It could be the first step on your pathway to applying for residence in New Zealand under the Entrepreneur Residence Category.
It is a three-year work visa divided into two stages:
If the applicant’s entrepreneur work visa is approved, the applicant will first be given a 12-month work visa, allowing the applicant to buy or establish the applicant’s business and become a New Zealand immigrant.
If you want to obtain an entrepreneur work visa, you must show your assets to the Business Immigration Department once within 24 months of obtaining a valid visa to prove that you have taken actions to establish your business.
Transferring the applicant’s investment funds through the banking system to New Zealand to take actions to establish the applicant’s business, such as by:
This proves that the applicant has started running their own business, such as operating:
In order for an Entrepreneur Work Visa to be approved, the applicant must:
Compare the basic criteria of the two Enterpreneur Residence Categories Options
| Criteria (minimum) | Entrepreneur Residence Category (2 years) | Entrepreneur Residence Category (6 months) |
|---|---|---|
| Hold an Entrepreneur Work Visa or LTBV | You do not have to hold an Entrepreneur Work Visa or LTBV. If you do not hold one of these visas, you must be on a work visa which allows self-employment. | You must hold an Entrepreneur Work Visa or LTBV to apply. |
| Investment Capital | No set amount. For applicants on an Entrepreneur Work Visa or LTBV, the investment capital must match what was stated in your business plan. | At least NZ$0.5 million must have been actively invested in your business, excluding working capital. |
| English Language | Principal applicants must either show an IELTS test report with an overall band score of 4 or more, or provide evidence that they meet this requirement. Other evidence can be considered. Secondary applicants can either show that they have an IELTS score of 4 or have an English speaking background, or can pre-purchase English language (ESOL) tuition. | |
| Maximum Age | None | None |
We have 2 senior Australian and New Zealand registered immigration consultants in Hong Kong . Their Hong Kong team will follow up with you from application to visa approval. We have many years of successful experience in handling New Zealand investment, entrepreneurship, skilled immigration and other visas. We have been recommended by our successful clients to their relatives and friends to assist in their immigration applications.