Fast Track Provision

The resident visa issued under this "Fast Track" provision will be contingent upon the ongoing operation of new New Zealand jobs and the retention of investment funds in the business for at least two years from the date of the initial investment.

Applicants who qualify for the fast track provision have:

- Successfully established and operated their business for six months.

- Invested a minimum of NZ$500,000 in the business.

- Created at least three new full-time jobs for New Zealanders.

- Continued to meet good character and health requirements.

Employees of a Relocating Business

When an overseas business relocates to New Zealand, benefiting the country, employees may qualify for Residence if:

• The proposed business relocation has high-level support from the Ministry of Trade and Enterprise.

• The employee(s) are designated as "Key employees."

• The employee(s) are ineligible under any other residence policy.

• They meet English language requirements and are of good health and character.

General Comments

The Entrepreneur/Business work visa aims to support migrants who are willing to venture into business and contribute positively to New Zealand.

Stronger applicants may benefit from an incentive fast-track option, although this may come with conditions for two years. It allows the applicant and their family to access education and healthcare benefits as residents.

Historically, there has been a decline rate of 75% or higher for the Entrepreneur visa. Successful planning and aligning the final business outcome with immigration policy and interpretations are crucial. Relying solely on your business skills without seeking experienced immigration advice can be risky. It's advisable to collaborate with seasoned experts at NZIHS.