New Zealand Business Immigration

New Zealand Business Immigration Visa Types

Being one of the top countries regarding economic growth. New Zealand provides a lot of business opportunities for its people as well as for people who comes there. New Zealand offers three types of business immigration visa:

1. Entrepreneur Visa
2. Investor Visa
3. Visa for employees relocating business

We will discuss each of them so that you can have a clear idea of each and choose the most suitable visa.

Entrepreneur Visa

Through the Entrepreneur visa of New Zealand, you can be an Entrepreneur and set up your business there. The visa allows you to stay in New Zealand for up to 3 years to start your business. The visa allows you to settle your family along with you in New Zealand. The most important condition in the Entrepreneur visa is that you must not be fraudulent. You have to show your previous record and the certificate of police to the higher authorities of New Zealand as proof of your integrity. If you are unable to provide such proof, you will never be allowed to immigrate to New Zealand. New Zealand is intolerant of fraudulency. We can divide New Zealand’s 3-year visa program into two stages:

1.    Start-up Stage:

In the start-up stage, you will be granted a visa for 12 months. In this duration, you need to settle your business and make some progress. Once done with it, you will have to show the progress to the state. They will examine the progress and decide if you should continue or not.

2.    Balance Stage:

When you successfully pass the Start-up stage of your business, the authorities will now change your stage. They will switch you from the Start-up stage to the balance stage. The balance stage visa is provided for 24 months, i.e., 2 years.

After completing these years, your visa status changes, and you become a permanent New Zealand resident contributing to increasing its economy.

The people on a long-term business visa (LBTV), i.e., Entrepreneur visas, can easily apply on the balance stage for permanent residency. It will help you to stay in New Zealand even if you cannot settle your business with time. However, you can search for other options to earn there.

Investor Visa

As the name suggests, an investor visa is a type of visa that allows you to invest in a business without having to involve in it. You can get Permanent residency in New Zealand over time through this visa. However, there are different types of visas in an investor visa of New Zealand:

Business Investor Visa

This type of visa allows overseas business investors to invest in New Zealand businesses. After that, they may leave the country and live their lives and keep a check on the business they have invested in New Zealand. You can come to New Zealand through this visa for almost 3 months in a year to check the business conditions on this visa.

Global Impact Permanent Residence Visa

The global impact permanent residence visa is a type of visa that allows you to live in New Zealand for three months. You can apply for a Permanent Residence visa to live in New Zealand permanently on the basis of this visa.

Global Impact Work Visa

Through a global impact work visa, you will be able to live and invest in New Zealand. You can create multiple job opportunities for citizens there. You can apply for PR in New Zealand based on a Global Impact work visa. It will help to improve the economy of the country.

Temporary Retirement Visitor Visa

If you are a retired individual but have enough money to invest in New Zealand, you can opt for a Temporary Retirement visitor visa. In this type of visa, you first live in New Zealand for 2 years and then invest in a reputable company. After the investment, you can apply for Permanent Residence in New Zealand. It will create job opportunities for many individuals residing in New Zealand. The minimum investment required for this can be NZD$ 750,000.

Visa for Employees Relocating Businesses

Business people that want to relocate their business can have a great opportunity to grow their business by moving to New Zealand. You can work and relocate the whole of your business from your country to New Zealand. Apply for a work visa first. After adjusting your business in New Zealand, you can apply for permanent residence in New Zealand. This permanent residence in New Zealand will allow you to move your family to New Zealand.

Documents Required for Business Immigration Visa

The business immigration visa is not an easy visa to obtain. You need to prove each document to the higher authorities. A rough requirement list that you may require for a business immigration visa is as follows:

1. You need to have 100,000 NZD as a minimum capital investment.
2. You have to show your business plan to convince the authorities to provide you with investment.
3. A certificate shows your integrity and zeroes records a criminal offense.
4. Clear medical reports.
5. IELTS score certificate not older than 2 years.
6. Experience certificate as a senior manager or a successful business owner in the past 5 years able to establish a business in New Zealand.