If you want to start a new business or take over an existing business in New Zealand, you need to apply for the right type of visa.
New Zealand provides a broad variety of short to long term business visa options for applicants who wish to run their own business.
The Entrepreneur Work and Residence Visas
If you would like to apply fro Permanent Residence in New Zealand, the Entrepreneur Work Visa provides a 2-step pathway to permanent residence in New Zealand:
Once you have been granted an Entrepreneur Work Visa and have operated your business in New Zealand successfully for two years or more, you can apply for an Entrepreneur Residence Visa. If you meet the fast track requirements of this category, you can apply after six months.
Dr. Carsten Hallwass, the business and investor migration specialist in our team, has processed Entrepreneur and Investor Visa applications since 1995, with a success rate of close to 100 %.
Will you qualify for a Business Visa?
Compare the Key Requirements of the Entrepreneur Work and Resident Visa policies to those of Investor and Retirement Visas.
|
Investor Category 2 |
Investor Category 1 |
ENTREPRENEUR WORK & RESIDENCE VISAS |
Parent Retirement Category |
Temporary Retirement |
Employees of Relocating Business Category |
|
|
Good health |
Required |
Required |
Required |
Required | Required | Required |
|
Good character |
Required |
Required |
Required |
Required | Required | Required |
|
Investment funds |
Minimum of NZ$ 3.0 millions for 4 years |
Minimum of NZ$ 10 millions for 3 years |
Minimum of NZ$ 100,000 - can be waived |
Minimum of NZ$ 1 million | NZ$750,000 | |
|
Settlement funds |
No requirement |
No requirement |
Sufficient Maintenance Funds for the first three years |
NZ$500,000 | NZ$500,000 | |
| Annual income | No requirement | No requirement |
No requirement |
NZ$60,000 | NZ$60,000 | |
|
Maximum age |
65 |
No requirement |
No requirement |
No requirement | Must be 66 years or older | |
|
Minimal English language |
IELTS level 3 |
No requirement |
IELTS level 4 |
No requirement | No requirement | IELTS level 4 |
|
Minimum time to be spent in NZ |
146 days each year |
44 days each year |
No requirement – but you have to be self employed in New Zealand on a full-time basis for 2 years to qualify for an Entrepreneur Residence Visa. |
No requirement | No requirement | |
|
Business Experience |
Required |
Required |
Required |
No requirement | No requirement | Must be a key employee of a relocating business |
|
Business Plan |
No requirement
|
No requirement
|
Required |
No requirement | No requirement | Relocation of business must be supported by New Zealand Trade and Enterprise. |
Ask Dr.Carsten Hallwass to develop your personal business strategy together with you and determine which visa option might be best suited for your business strategy.
You might also find the following topics interesting:
Businesses for Sale in New Zealand
Being self-employed in New Zealand
Case Studies: Find out how other business migrants established their businesses in New Zealand.
Investing in your own business can also be part of an investment portfolio under the Investor Categories. Find out how you can run your own business under the Investor Categories.
Ask our Business and Investor Migration Expert
If you want to find out more about establishing your own business in New Zealand, contact Dr. Carsten Hallwass, the Business and Investor Migration Adviser at NZIC.
Ask Dr.Carsten Hallwass for a Free Assessment