Business Immigration, New Zealand
New Zealand offers positive business climate with distinct and compelling advantages
to those Global firms seeking the best locations to establish or expand their operation
in New Zealand has created one of the most attractive investment climate in the
world with stable democratic government , a fair legal system , a broad based low
tax regime , free trade with Australia. Multicultural sound economic backdrop. New
Zealand three avenue for business migrants to establish a business in New Zealand
i.e. Investor, Entrepreneurs and Employee of Relocating business.
Immigraion Programs : Applicants to New Zealand immigration are granted Long
Term Business Visa & Permit first which then gets converted to permanent residency
after meeting the business evaluation criteria. With effect from November 20, 2002
following procedure for grant of Long Term Business Visa & Permit for New Zealand
is required to be adopted:- If the applicant is not able to prove that he had studied
and carried on business in English knowing environment then it's mandatory to pass
the IELTS examination by obtaining average of 5 bands before the application can
be
- Long Term Business Visa
- Investors
- Entrepreneur
- Employees of Relocating Business
1. Long Term Business Visa
- IELTS examination by obtaining average of 5 bands before the application can be
filed for the visa.
- He must have owned or managed a business for more than three years in the home country.
- A realistic business plan demonstrating an understanding of business environment
of New Zealand is required to be prepared and for the success of that plan business
experience relevant to that type of business is required to be shown in home country.
- Initially the visa is granted for 9 months and the person is required to transfer
the funds for making capital investment mentioned in the project report within that
period and further take steps to establish a business in accordance with the plans
submitted in New Zealand Immigration Department. The business plan submitted with
the application for Long Term Business Visa & Permit cannot be changed suomotu but
it can be changed with the permission of Immigration Dept. After the funds had been
transferred and steps had been taken to establish a business in New Zealand, the
applicant can seek extension of the visa for the remaining period of two years and
three months of the total duration of Long Term Business Visa & Permit. Another
extension for 3 years can be applied after the expiry of the first term of 3 years.
- An applicant will be eligible for permanent residency after an expiry of two years.
2. Investor
The Investor category is for people who have a minimum of NZ$1 million to invest
in New Zealand, but who may not wish to actively run a business there. This category
operates on a points system, with points awarded for age, business experience and
investment funds. The current pass marks are 12 points. nimum of two years.
An applicant will be considered to have successfully established a business in New
Zealand if: he/she; Has established or purchased, or made a substantial investment
and thereby is owning at least 25% of that business Is lawfully active in the management
& operation of that business for at least two years.