As an entrepreneur, you must be considering whether New Zealand is the best location for starting a new business. New Zealand is a fantastic location for startups. It provides a very supportive environment for you to realise your ideas. The nation possesses all the necessary components, such as individual freedom and free and open markets, to help new businesses add value to the economy and society.
You have the option of applying for a resident visa or an entrepreneur work visa through Immigration New Zealand (INZ).
Two factors determine eligibility for the Entrepreneur Resident Visa:
Maintain your independent status for two years while running your business: A further prerequisite is that your firm should have significantly benefited New Zealand.
Quick track: You might choose a quicker route to qualify for an Entrepreneur Resident Visa. You must have operated your firm as a sole proprietor for six months and have employed three or more New Zealanders. Additionally, you must make a minimum of NZ$ 500,000 in the company.
You can: using the Entrepreneur Resident Visa;
Any length of time may be spent living, working, or studying in New Zealand.
Include your significant other and any dependent children under 24 in your residency application.
run your New Zealand company
When your firm is less than two years old, there are certain additional restrictions to be aware of for your Entrepreneur Resident Visa in addition to the English proficiency, excellent health and character, and other typical requirements established by the INZ. You have to
Work on your company over the next two years.
Keep your money invested in your company for another two years.
Work with citizens or residents of New Zealand for at least two more years.
It is simple to make mistakes and have issues with your Entrepreneur Resident Visa with all these requirements and more. The immigration advisors at Professional Visa Solutions have extensive knowledge of the application procedure for the Entrepreneur Resident Visa.
Migrants who have founded a business that has fueled the nation’s development and creativity are eligible for this entrepreneur resident category visa. Only immigrant entrepreneurs with active work visas for entrepreneurs are eligible to receive this visa. In contrast to the entrepreneur work visa, which enables you to buy or start your own firm in New Zealand, the entrepreneur residence visa enables you to settle there permanently if it is determined that your company will contribute to the development and innovation of the nation. Depending on what you need and the state and value of your firm, you can apply for a two-year or a six-month visa.
The Entrepreneur Residence Category enables immigrants who have built export-capable, high-growth firms to be given residence. The 2-year option and the 6-month option are the two ways to meet the requirements for residency under the Entrepreneur Residence Category.
Your application process might be aided by Immigration Trust. The processing time for the application with Immigration Trust can also help you save time. Immigration Trust can assist you with your application from beginning to end. In addition to helping you save time on your application, Immigration Trust can also help you save money. Why not continue running your firm as a New Zealand resident if it’s working well? Immigration Trust can assist you in doing that.
Novaturient is a Licensed Immigration consultant that offer Visa services in acquiring Permanent Resident Visa, Student Visa and Visit Visa for countries such as Australia, Canada, New Zealand, Schengen Countries and the UK.
Call us: 9731473738