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Some information to note about Entrepreneur Resident Visa in New Zealand

Entrepreneur Resident Visa in New Zealand

The information given below has been sourced from New Zealand official site, for deatiled information one needs to visit the link given at the end of the article below.

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Some information to note about Entrepreneur Resident Visa in New Zealand
Some information to note about Entrepreneur Resident Visa in New Zealand
Some information to note about Entrepreneur Resident Visa in New Zealand
Some information to note about Entrepreneur Resident Visa in New Zealand

Entrepreneur Resident Visa in New Zealand

The

Visa details

Apply for this visa if you have been self-employed in New Zealand at least 6 months, or have operated a self-employed business for 2 years on another visa.

Length of stay

Indefinitely

Cost

From

NZD $6860

Processing time

90% within

14 months

With this visa you can
  • Continue to operate your own business in New Zealand.
  • Live, work and study in New Zealand.
  • Include your partner, and dependent children aged 24 and under, in your visa application.
Things to note
  • If you apply after less than 2 years of being self-employed, you’ll need to have an Entrepreneur Work Visa, have invested capital of at least NZ $500,000 and have created 3 new jobs in New Zealand.

Entrepreneur Resident Visa

ENTER YOUR COUNTRY DETAILS

OVERVIEW

WHO CAN APPLY

PROCESS AND COSTS

HOW TO SUBMIT

CONDITIONS

Who can apply

The criteria and evidence below will provide you with the information you need to provide to meet the requirements of this visa.

VIEW ALL EVIDENCE

Identity

You must provide proof of your identity

Health

You must be in good health

Character

You must be of good character

Fit and proper person

You must be a fit and proper person

English language

You must be able to speak English

Partner and dependent children

You can include your partner and any dependent children up to the age of 24 in your application

Your work visa

You must have a current Entrepreneur Work Visa if you have been self-employed for less than two years

New Zealand business

You must have either set-up or purchased at least 25% of the shareholding in a New Zealand business and have been running that business for at least 6 months

Business plan

Your business must have realised the benefits outlined in your business plan

Business profitability

Your business must be profitable

Economic growth

Your business must be contributing to New Zealand’s economic growth

Capital investment

You must have invested at least as much capital as outlined in your business plan

Employment and immigration law

Your business must comply with New Zealand employment and immigration law

No welfare assistance

You must not have received any welfare benefits or assistance

Businesses less than 2 years old

If you’ve been running your business for less than 2 years, there are extra requirements you must meet

Process and costs

The information below will help you understand the process, timeframes and costs involved in applying for this visa, so you can plan ahead and have the best chance of submitting a complete application.

NOTES

We cannot display any process or costs information until you have provided your country details. Enter your country details in the panel above to view information relevant to your situation.ENTER COUNTRY DETAILS

How to submit

Payment methods and receiving centre details if applicable.

NOTES

We cannot display any receiving centre or payment method information until you have provided your country details. Enter your country details in the panel above to view information relevant to your situation.ENTER COUNTRY DETAILS

Conditions

These are the conditions that you must meet once you have your visa.

Entry permission

You must apply for entry permission when you arrive in New Zealand. You can do this by completing an arrival card, which you are given on the way to New Zealand.

ARRIVING IN NEW ZEALAND

NOTES

  • You can be refused entry permission if:
    • you don’t meet our character requirements
    • your circumstances have changed since you were granted a visa
    • you refuse to let us to take your photo, or provide us with your fingerprints or an iris scan, if we ask you for them.

Work

If you’ve been operating your business for less than 2 years, you must keep working in your own business for 2 years.

NOTES

  • The 2-year time period includes any time you’ve been working for yourself in New Zealand on an Entrepreneur Work Visa.If you’re unable to continue working in your own business, you and your family may have to leave New Zealand. 

Capital investment

If you’ve been operating your business for less than 2 years, you must keep your nominated capital invested in your business for 2 years.

NOTES

  • The 2-year time period includes any time you’ve been working for yourself in New Zealand on an Entrepreneur Work Visa.If you’re unable to retain your capital investment, you and your family may have to leave New Zealand.

New jobs

If you’ve operated your business for less than 2 years, you must continue to employ people in the new jobs created, for a minimum of 2 years.

NOTES

  • The 2-year time period includes any time you’ve been working for yourself in New Zealand on an Entrepreneur Work Visa.If you’re unable to continue to employ people in the new jobs you created over the 2-year period, you and your family may have to leave New Zealand.

Contact details

You must provide us with your address and other contact details and let us know if these change while you’re in New Zealand.

NOTES

  • We’ll need to get in touch with you to take part in an evaluation of the Entrepreneur Residence Visa Category.

Travel

You can travel in and out of New Zealand as many times as you like for 2 years.

To travel after that, you’ll need to apply for a variation of conditions or a Permanent Resident Visa.

NOTES

  • If you’re outside of New Zealand when your travel conditions expire, your visa will expire as well.

Keep your visa in a valid passport

If you want to travel, your visa must be in a valid passport.

If your passport expires, you must apply to transfer your visa to a new passport before you can travel.

TRANSFERRING MY VISA TO A NEW PASSPORT

NOTES

Don’t miss out , apply for Entrepreneur Resident Visa in New Zealand

Entrepreneur Resident Visa

Visa details

Apply for this visa if you have been self-employed in New Zealand at least 6 months, or have operated a self-employed business for 2 years on another visa.

Length of stay

Indefinitely

Cost

From

NZD $6860

Processing time

90% within

14 months

With this visa you can
  • Continue to operate your own business in New Zealand.
  • Live, work and study in New Zealand.
  • Include your partner, and dependent children aged 24 and under, in your visa application.
Things to note
  • If you apply after less than 2 years of being self-employed, you’ll need to have an Entrepreneur Work Visa, have invested capital of at least NZ $500,000 and have created 3 new jobs in New Zealand.

Entrepreneur Resident Visa

ENTER YOUR COUNTRY DETAILS

OVERVIEW

WHO CAN APPLY

PROCESS AND COSTS

HOW TO SUBMIT

CONDITIONS

Who can apply

The criteria and evidence below will provide you with the information you need to provide to meet the requirements of this visa.

VIEW ALL EVIDENCE

Identity

You must provide proof of your identity

Health

You must be in good health

Character

You must be of good character

Fit and proper person

You must be a fit and proper person

English language

You must be able to speak English

Partner and dependent children

You can include your partner and any dependent children up to the age of 24 in your application

Your work visa

You must have a current Entrepreneur Work Visa if you have been self-employed for less than two years

New Zealand business

You must have either set-up or purchased at least 25% of the shareholding in a New Zealand business and have been running that business for at least 6 months

Business plan

Your business must have realised the benefits outlined in your business plan

Business profitability

Your business must be profitable

Economic growth

Your business must be contributing to New Zealand’s economic growth

Capital investment

You must have invested at least as much capital as outlined in your business plan

Employment and immigration law

Your business must comply with New Zealand employment and immigration law

No welfare assistance

You must not have received any welfare benefits or assistance

Businesses less than 2 years old

If you’ve been running your business for less than 2 years, there are extra requirements you must meet

Process and costs

The information below will help you understand the process, timeframes and costs involved in applying for this visa, so you can plan ahead and have the best chance of submitting a complete application.

NOTES

We cannot display any process or costs information until you have provided your country details. Enter your country details in the panel above to view information relevant to your situation.ENTER COUNTRY DETAILS

How to submit

Payment methods and receiving centre details if applicable.

NOTES

We cannot display any receiving centre or payment method information until you have provided your country details. Enter your country details in the panel above to view information relevant to your situation.ENTER COUNTRY DETAILS

Conditions

These are the conditions that you must meet once you have your visa.

Entry permission

You must apply for entry permission when you arrive in New Zealand. You can do this by completing an arrival card, which you are given on the way to New Zealand.

ARRIVING IN NEW ZEALAND

NOTES

  • You can be refused entry permission if:
    • you don’t meet our character requirements
    • your circumstances have changed since you were granted a visa
    • you refuse to let us to take your photo, or provide us with your fingerprints or an iris scan, if we ask you for them.

Work

If you’ve been operating your business for less than 2 years, you must keep working in your own business for 2 years.

NOTES

  • The 2-year time period includes any time you’ve been working for yourself in New Zealand on an Entrepreneur Work Visa.If you’re unable to continue working in your own business, you and your family may have to leave New Zealand. 

Capital investment

If you’ve been operating your business for less than 2 years, you must keep your nominated capital invested in your business for 2 years.

NOTES

  • The 2-year time period includes any time you’ve been working for yourself in New Zealand on an Entrepreneur Work Visa.If you’re unable to retain your capital investment, you and your family may have to leave New Zealand.

New jobs

If you’ve operated your business for less than 2 years, you must continue to employ people in the new jobs created, for a minimum of 2 years.

NOTES

  • The 2-year time period includes any time you’ve been working for yourself in New Zealand on an Entrepreneur Work Visa.If you’re unable to continue to employ people in the new jobs you created over the 2-year period, you and your family may have to leave New Zealand.

Contact details

You must provide us with your address and other contact details and let us know if these change while you’re in New Zealand.

NOTES

  • We’ll need to get in touch with you to take part in an evaluation of the Entrepreneur Residence Visa Category.

Travel

You can travel in and out of New Zealand as many times as you like for 2 years.

To travel after that, you’ll need to apply for a variation of conditions or a Permanent Resident Visa.

NOTES

  • If you’re outside of New Zealand when your travel conditions expire, your visa will expire as well.

Keep your visa in a valid passport

If you want to travel, your visa must be in a valid passport.

If your passport expires, you must apply to transfer your visa to a new passport before you can travel.

TRANSFERRING MY VISA TO A NEW PASSPORT

NOTES

Some information to note about Entrepreneur Resident Visa in New Zealand
Some information to note about Entrepreneur Resident Visa in New Zealand

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