Self-Assessment Guide For Residence In New Zealand Page 9
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20Business categories
Section 50
Maintain the
Maintain the
requirement
investment funds
investment funds
You can be granted residence under the Migrant
on residence
in New Zealand
in New Zealand
for a minimum of
for a minimum of
Investment Instructions, the Entrepreneur
three years; and
four years; and
Residence Category, or Employees of Relocating
spend 44 days
spend 146 days
Businesses Category. We also have another
in New Zealand
in New Zealand
business category – the Entrepreneur Work Visa
in each of the
in each of the
last two years
last three years
– that is a temporary entry category intended
of the three-
of the four-year
to lead to residence under the Entrepreneur
year investment
investment
Residence Category.
period; and
period; and submit
submit evidence
evidence of meeting
People wanting to establish a business in
of meeting
requirements
New Zealand can be granted a work visa
requirements
at the two-year
at the two-year
anniversary and the
under the Entrepreneur Work Visa Category
anniversary and
expiry of the four-
for three years, and apply for residence under
the expiry of
year investment
the Entrepreneur Residence Category after
the three-year
period; and (if
operating their own business for two years or
investment
required) complete
period.
20 hours of English
after operating it for six months if it is a high
language tuition.
value business, which meets the criteria below.
For more information on the Entrepreneur
Work Visa, please check our website
Applicants under both categories must be healthy
and of good character.
Migrant Investment Instructions
Both categories
Key
Investor Plus
Investor
All funds must be legally earned and owned
requirements
(Investor
(Investor 2 Category)
either solely by you, or jointly by you and your
1 Category)
partner or you and your dependent children.
Age
No requirement
65 or younger
If the funds are owned partly by your partner,
you will need to have been living in a genuine
Business
No requirement
Minimum of
experience
three years
and stable partnership for a minimum of
12 months and meet the minimum requirements
Investment
NZ$10 million
NZ$1.5 million
for recognition of partnerships (see ‘Minimum
funds
requirements for recognition of partnerships’)
Settlement
No requirement
NZ$1 million
for the funds to be acceptable.
funds
(transfer not
required)
Investor (Investor 2 Category)
Principal
No requirement
International English
applicant’s
Language Testing
The Investor (Investor 2 Category) is a points-
English
System (IELTS)
based category in which applicants must first
language
test report with an
submit an Expression of Interest and claim
overall band score of
3 or more; or other
points in the areas of age, English language,
evidence under
business experience, and investment funds.
instructions BJ5.35.1
The Expression of Interest will be entered into
or BF5.5.
a pool if the minimum entry requirements noted
Family
No requirement
Same as principal
in the table above are met and a minimum score
member’s
applicant or pre-
of 20 points is achieved. Expressions of Interest
English
purchase ESOL
will be selected from the pool periodically
language
tuition.
according to their points ranking. Selection
from the pool may result in an Invitation to Apply
for residence.
You will need to state what evidence you have to
support your claims for points on the Expression
of Interest form, but won’t need to actually
provide documents until you submit your
application for residence.
Self-Assessment Guide for Residence in New Zealand – April 2016 – 9
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