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Entrepreneur & Business Work Visa Information.

Here we share some general information about Entrepreneur and Business Work Visa policy. This does not replace or constitute immigration advice from a licensed immigration adviser.

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Entrepreneur Visa Policy.

This Work Visa is included in the Residence section because it is a pathway to residence.

The applicant must obtain approval for a business plan that is based on a business investment of at least NZ$100,000 and which is assessed by Immigration New Zealand as having the ability to be profitable and provide “substantial benefit to NZ”.

The principal applicant must meet English language standards, and all persons associated with the applicant must be of good health and character.

Successful Entrepreneur Work Visa.

The successful applicant will receive an Entrepreneur Work Visa.

After 2 years, the applicant can apply for a Resident Visa on the basis;

  • The approved plan has been carried out,

  • The applicant has worked in the business for at least 2 years,

  • The business has been profitable,

  • Good character and good health requirements for all persons associated with the application must still be met, and all persons over the age of 16 associated with the application meet English language requirements.

Useful Information

The Malcolm Pacific Immigration team of advisers and experts take away the stress and worry of navigating the complex world of New Zealand Entrepreneur and Business work visa and immigration.

Fast Track Provision.

The resident visa issued under this “Fast Track” provision will be conditional on the new New Zealand jobs continuing and the investment funds remaining in the business for at least 2 years from the date of the original investment.

There is a fast track provision for applicants who have:

  • Successfully established their business and have run it for six months,

  • Invested at least NZ$500,000 in that business,

  • Created at least 3 new full-time jobs for New Zealanders,

  • Good character and good health requirements can still be met.

Employees Of A Re-Locating Business.

When an overseas business, that will benefit New Zealand, re-locates to New Zealand, employees may be eligible for Residence where:

  • The proposed re-location has the support of the Ministry of Trade and Enterprise.

  • The employee(s) is (are) defined as "Key employee(s)".

  • Is (are) not eligible under any other policy.

  • Meet English requirements and is (are) of good health and character.

General Comments.

The intention of the Entrepreneur / Business work visa is to provide opportunities for migrants who want to back themselves in business. The focus is on self-employment and benefit to New Zealand.

There is an incentive fast track for stronger applicants. Although conditions may be attached to such a fast track visa for 2 years, it nevertheless enables the applicant and their family to enjoy the benefits of education and health care as residents.

Historically there has been a 75% or higher decline rate of the Entrepreneur visa. The initial planning and the final business outcome need to coordinate with immigration policy and policy interpretations. Relying on your business skills without taking experienced Immigration advice is very dangerous. You should work alongside experienced experts at Malcolm Pacific Immigration.

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The Green List

From September 2022 people holding job offers in a small number of occupations may apply for residence. Some occupations are a direct pathway to residence and others require a period of two years or longer before applying.

There are qualification and/or occupational registration requirements to meet. Establishing if an overseas qualification matches the NZ equivalent qualification before applying is paramount for success.

Read more here.

16 May 22

Work Visa Categories Closing

The work visa categories set to close are:

  • Essential Skills Work Visa
  • Essential Skills Work Visa – approval in principle
  • Work to Residence (Talent – Accredited Employer)
  • Work to Residence (Long Term Skills Shortage)
  • Silver Fern Job Search Work Visa (closed October 2019)
  • Silver Fern Practical Experience Work Visa.
10 Feb 22

Policy Decision Key Dates in 2022

  • February 13. Fully vaccinated Kiwis plus certain other travellers entering NZ from the rest of the world* can skip MIQ.
  • April 30. The border starts a phased reopen to fully vaccinated foreign nationals.
  • April 30. The Productivity Commission reports back to the government on immigration settings.
  • May 9. Applications open for mandatory Employer Accreditation.

*Excludes high-risk countries.

16 Dec 21

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