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Entrepreneur Work Visa

The Entrepreneur Work Visa is intended for individuals who want to establish or buy a business in New Zealand. It offers a pathway for business-minded people to contribute to the economy, with the potential to apply for permanent residency in the future.

Who Can Apply for an Entrepreneur Work Visa?

πŸ‘‰ Individuals with a viable business plan that demonstrates how their business will benefit New Zealand.

πŸ‘‰ Applicants must have sufficient funds to support the business and themselves.

πŸ‘‰ Business or entrepreneurial experience is typically required, along with proof of good character and health.

πŸ‘‰ Applicants must meet a minimum capital investment requirement, excluding working capital, unless a waiver is granted.

What Does an Entrepreneur Work Visa Offer?

πŸ‘‰ Three years of work rights in New Zealand to establish or grow the business.

➑️ The visa is split into two stages: a 12-month Start-up stage and a 24-month Balance stage (granted if progress milestones are met).

πŸ‘‰ Opportunity to apply for New Zealand residency under the Entrepreneur Resident Visa category after successfully running the business for at least two years (or six months in some cases with substantial investment and job creation).

πŸ‘‰ Ability to bring immediate family members (partner and dependent children) with work and study rights for them.

πŸ‘‰ Access to New Zealand’s business resources, networking opportunities, and a chance to thrive in a pro-business environment.

How Do I Apply for an Entrepreneur Work Visa?

πŸ‘‰ Create a detailed business plan that demonstrates the potential benefits of your business to New Zealand.

πŸ‘‰ Submit the required documents, including:

➑️ Proof of business experience.

➑️ Financial records showing you have sufficient funds for investment.

➑️ Health and character certificates (e.g., medical exams and police clearances).

πŸ‘‰ Apply online through the Immigration New Zealand website or via a Visa Application Centre.

πŸ‘‰ Wait for approval in principle and make any required capital investment once you receive it.

πŸ‘‰ Begin operating your business in New Zealand, meeting progress requirements to extend the visa to the Balance stage.

The Entrepreneur Work Visa provides an excellent opportunity for individuals to establish a business and potentially gain residency in New Zealand. This visa offers a chance to contribute to and become part of New Zealand’s thriving business landscape.

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