If you want to establish a business in New Zealand then the Long Term Business Visa may be the best option. Applications under this category are given priority processing by Immigration New Zealand - we are interested in encouraging new business ventures here.
Visas are granted initially for 9 months to allow you to set up your business, with a further 27 months granted after submitting evidence demonstrating it has been established.
You must apply for the extension within the validity of current Work Permit. In order to qualify for the extension under the New Zealand Long Term Business Visa:
You need to prove that the investment capital of your business was transferred to the country courtesy banking system.
Fulfill the requirements related to health and character.
You have not taken assistance from the New Zealand welfare system (not for the principal applicant as well as dependants)
Prove that reasonable steps have been taken by the applicant to establish the business and further prove that you are an authentic applicant.
Change in Business Proposal: If, by any how, the business proposal has seen some amendments during this time, it is essential to have consent for that amendment by a business immigration expert. Deviating from the original business proposal might lead to a visa denial.
Residence: Holders of a New Zealand Long Term Business Visa can apply for a Permanent Residency status under two options, provided he fulfils the eligibility criteria. These are:
- Entrepreneur Visa Category
- Entrepreneur plus visa category
Other Business Visa Types: