Queen City Law ‘s immigration team are experts in lodging new Entrepreneur Work Visas and Entrepreneur Residence Visas, we will be happy to answer any questions you may have.
Contact us for more information on the right Visa for you and your family.
To check out a copy of Brads power Point presentation on Entrepreneur Work Visas and Entrepreneur Residence Visas visit the Queen City Law Immigration library.
ENTREPRENEUR WORK VISA
Or Download Brads Entrepreneur Work Visa Power Point here
Some of the New Factors to Consider
What Type of Business is it?
- Consistent with the Objectives of BB1
- High growth
- Innovative Export
- New/Existing Business
What are the Capital Requirements?
- Is it an Existing Business
- Is it a Share Acquisition/Asset Acquisition?
- Where is it located? In Auckland or outside of Auckland?
Your chosen Business venture should provide Benefits to New Zealand:
- Promoted New Zealand’s economic growth
- Increase Capacity Utilisation (such as significant net new job creation) – Creating employment
- Introducing new, or enhancing existing, products or services
- Productivity-enhancing spillover benefits
- Trading profitably
- Making sufficient profit = minimum wage per annum
- The capital investment is a minimum of $100,000 (No points) to claim points at least $200,000
Some Practical Implications include:
- Offshore applicants will need to come to NZ before a visa is granted
- Interim visa of 12 months is purely to set up the business
- One variation of business plan opportunities
- Decrease in buying existing businesses
- Pro forma business plans will no longer apply
- Applicants are better prepared for Residency
Remember always check your SPECIFIC BUSINESS PLAN through with your lawyer and accountant before lodging your Visa with Immigration NZ.
The Queen City Law immigration team includes:
- Marcus Beveridge, Principal, Queen City Law
- Bradley So, Lawyer, Queen City Law
- Rita Worner, Lawyer, Queen City Law