Any experienced business person can now apply for a work visa under the Entrepreneur Work Visa category in New Zealand. The advantages of applying in this category are:
How does this visa work?
This special category visa (entrepreneur work visa) works in two stages:
o Transferring investment capital through banks
o Documents showing setting up of business
o Property or lease documents for the site
o Invoices for equipments/supplies needed for the business
o Employment agreements, bank statements, utility company invoices
Major requirements in order to get approval for an Entrepreneur Work Visa are:
o A minimum capital investment of NZ$100,000(excluding working capital) has to be made
o Exceed or meet 120 points for factors relating to the success of the proposed business in New Zealand
o Have not been involved in bankruptcy or business failure within 5 years of applying for the visa
o Have not been involved in any kind of fraud or financial irregularities
o Meet health, language and social requirements for residence in the country.
Source: Immigration New Zealand