Recommended reason：The objective of the Entrepreneur Visa category is to attract migrants who can demonstrate they have been actively contributing in the start of a busin…
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The objective of the Entrepreneur Visa category is to attract migrants who can demonstrate they have been actively contributing in the start of a business in New Zealand and contributing to New Zealand's economic development.
If you are a holder of aLong Term Business Visa you may apply for residence in New Zealand under this category.
To be eligible under the Entrepreneur Visa category you must:
· Have successfully established a business in New Zealand that is benefiting New Zealand;
· Be healthy and of good character;
· Meet a minimum standard of English; and
· Not have applied for or been granted social welfare benefits in New Zealand.
Business Qualification
Bussiness Criteria to be met
Successful Establishment
You have successfully established a business in New Zealand if:
You have established or purchased, or made a substantial investment (a minimum of 25% of the shareholding of a business) in a business operating in New Zealand;
The business has been established for at least 2 years; and
You have been lawfully working in New Zealand in that business for at least 2 years.
Beneficial to New Zealand
Your business must be benefiting New Zealand's economic growth by:
Introducing new or enhancing existing technology, management or technical skills;
Introducing new or enhancing existing products, services or export markets;
Creating new or expanding existing export markets;
Creating new job opportunities; or
Revitalising an existing business.
The New Zealand business must be trading profitably on the date you start to lodge your application or must clearly have the potential to become profitable within the following 12 months.
The Entrepreneur Visa can be an effective method of migrating to New Zealand on a permanent basis.The application is a points based system, where points are awarded for various attributes of the application.The process for doing this is quite involved and will require professional guidance.
In simple terms a number of steps are involved;
1. Contact our team for a free consultation and assessment of your needs
2. Complete a points assessment utilising our in-house systems
3. Identify the most appropriate structure and application basis to achieve your specific objectives
4. Develop and document a “REAL” business plan
5. Collate all required information
6. Complete the application documentation
7. File the application
If accepted you will then be granted a temporary class work visa to enable you and your family to come to New Zealand and implement your business plan.
Once you have established the business you will be granted an entrepreneur visa
Progress will then be monitored by Immigration New Zealand at various times to ensure you are complying with the terms of your visa’s.
At the end of the visa period (depending on your level of investment) you will be assessed in terms of whether you have met the requirements of the visa. This assessment will determine whether you are able to apply for permanent residence, a visa extension or have not met your visa requirements.
Included in our team are qualified accountants who understand business and have the skills to professionally assist you through all elements of the process.
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