Entrepreneur Resident Visa
Entrepreneur Resident Visa is for people who have worked in New Zealand for at least 6 months in a self-employed capacity or have conducted business for a period of 2 years. This self-employed status can be due to any other work visa, which allows it.
This visa allows you to operate your business, live, work, and study in New Zealand. You are allowed to include your partner and dependent children under the age of 24 on this visa.
Two Options of Entrepreneur Residence Category
- Entrepreneur Residence Category (2 years): This category of visa is for people who have purchased or established a business in New Zealand and have run it successfully for 2 years. Your business should be able to demonstrate a significant economic contribution to New Zealand. You should also demonstrate that you have provided employment to New Zealand residents or citizens.
- Entrepreneur Residence Category (6 months): This path requires you to invest a minimum of NZ$500,000 in a business based out of New Zealand. Your business should have created full-time employment for at least 3 persons that are either residents or citizens of the country. You need to demonstrate the same for at least 6 months, post which you would be granted residence under this visa category.
Things to Note Regarding Entrepreneur Resident Visa
If you apply for an entrepreneur resident visa before 2 years of your self-employment, you would be required to invest NZ$500,000, create 3 full-time job opportunities for New Zealand based workers and conduct all your business on an Entrepreneur Work Visa.
Need Help in Applying For a New Zealand Entrepreneur Resident Visa?
An entrepreneur resident visa is perhaps one of the shortest routes that one can take for becoming a resident of the country. It provides for the complete financial and holistic growth of the applicant. Applying for this visa is full of documentation and legal process. We can help you quicken the process. Just Book a Consultation, and one of our professional immigration advisers will surely help you sort things out.