How Do New Zealand Entrepreneur Visa Policies Impact Immigration?

The New Zealand visa framework was not established with entrepreneurs in mind. Nonetheless, the country soars high for ease of doing business following the World Bank reports.  

New Zealand entrepreneur visa paves the way for prospective business people and investors to set up a new business or buy an existing one within the country. Entrepreneur work, visa holders, apply for permanent residence after either six months or 24 months. However, factors like invested amount, number of jobs created by the business are taken into consideration. 

If you have your heart set on this magical country and are planning to 

• bring your family, 

• establish a new business or 

• want to learn about new Zealand immigration

Then keep reading! 

What are the Basic Requirements for a New Zealand entrepreneur visa? 

Entrepreneur Work, visa candidates, must meet several eligibility parameters, that include: 

• A minimum investment of NZ $100,000 in the business, unless waived 

• A feasible business plan 

• No declaration of bankruptcy or involvement in business insolvency in the last five years

• A score greater than 120 points on the Entrepreneur Work Visa points scale

• No records of fraud or impropriety are associated with the business. 

• A recent (not older than two years) certification from the International English Language Testing System (IELTS) with a score of 4 or more. Moreover, New Zealand immigration requests proof of English proficiency such as a University degree with English as a primary subject. 

What are the Investment capital requirements for a New Zealand entrepreneur Visa?  

New Zealand pre-requisite applicants for a minimum NZ $100,000 as of the business capital. These funds are exclusively owned by the candidate or his partner ( spouse). 

Applicants cannot borrow or loan the investment amount to meet the business requirements. 

The capital investment can only be waived from New Zealand's Business Migration Branch. Science, high-value export, and computing domains are considered for a waiver. In addition, the community outreach program at New Start NZ Limited contributes to the migrant communities by providing exclusive network channels. From educational institutions to business advisory firms, you name it, and they have covered it. 

How can immigration adviser New Zealand help you? 

Applicant's immigration status relies on and intersects with several legal matters such as family law, criminal law, and tax liabilities.

Credible immigration advisers in New Zealand represent clients' interest in administrative courts, counsel applicants about their legal obligations, and suggest the best course of action within immigration law. 

At New Start NZ Limited, clients are offered the latest knowledge of immigration policies, pathway frameworks, and an in-depth understanding of local governance. Moreover, their services are recognized as finalists and winners at the New Zealand Association of Migrations Immigration awards. 

In Conclusion 

New Zealand is more than the country of " The Hobbit." With a world of entrepreneurial and business opportunities for immigrants, the immigration application framework has transformed over the decade now. 

While some applicants understand what it takes to make a successful visa application, New Zealand entrepreneur visa advice hurts none!