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| Welcome > Summary of Categories > Business Immigration |
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The Business Immigration policy allows people with business experience to enter New Zealand to develop business opportunities. It consists of both Residence and Temporary entry categories. Business immigration applications are processed within a specialist division of the service. 1. Active Investor Migrant Category
A 3 tier residence category based on investment funds of NZD 20 million, 10 million or 2.5 million with differing age and English language requirements. Click here for information.
2. Principal applicants must achieve This category is for applicants who have successfully established a business in New Zealand that can be shown to be of benefit to New Zealand. (Refer to LTBV details below for criteria). Criteria must be met regarding shareholding and personal employment. Those who have been involved in bankruptcy, fraud or financial impropriety or in a business failure in the last five years may not apply.
Principal applicants must acheive an English standard of IELTS, band 5. Non-principal applicants may pre-purchase English language tuition if they cannot achieve that level.
For further information please click on the 'Contact Us' button on the bottom left of this page and email us with brief details of your business and how long it has been trading in New Zealand.
3. Long Term Business Visa (LTBV)
This temporary entry category provides for people interested in applying for residence under the Entrepreneur Category or those wishing to establish a business in New Zealand but not intending to live permanently in New Zealand. Successful applicants under this category and their spouses/partners will be granted a multiple-entry 3-year Work Visa or Permit. This may be extended to a maximum of six years. Successful LTBV holders may apply for residence under the Entrepreneur category after two years.
Current interpretation of immigration policy by Immigration New Zealand requires that Long-term Business Visa (LTBV) applicants must:
- have owned and operated a business overseas
- the business must be relevant to the proposed NZ business
- the applicant must have the ability to travel to NZ and conduct appropriate research into the viability of the business
- the business plan must identify economic benefit to NZ which may include:
- exporting
- the introduction of new skills or products
- the employment of additional staff
- the applicant must have adequate personal support funds of nominally $100,000 in additional to the financial resources required to establish/purchase the business
- no previous convictions for fraud, or bankruptcy.
Strict criteria must be met in the format and presentation of the business proposal, including the provision of comprehensive financial and business records. Principal applicants must achieve an English standard of IELTS, band 5. Non-principal applicants may pre-purchase English language tuition if they cannot acheive that level.
Once the LTBV is granted, the spouse may apply for an open work Visa/Permit which will allow employment in the business or elsewhere.
If you consider that you meet the above criteria, please complete the personal details form and forward it to us with a detailed summary of your business proposal for your free initial assessment. If you don't qualify under the Business criteria, please go to Skilled Migrant, Family or Family Quota. |
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