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The Entrepreneur Resident Visa allows business owners and entrepreneurs who have successfully established or bought a business in New Zealand to obtain permanent residency. This visa is intended for those who have demonstrated a commitment to investing in New Zealand’s economy and creating jobs.
👉 Business Owners in New Zealand: Applicants must have already been granted an Entrepreneur Work Visa and must have run a business in New Zealand for at least two years.
👉 Financial Investment: A minimum capital investment may be required, showing a substantial contribution to New Zealand’s economy.
👉 Successful Business Performance: The business must be profitable or show potential for growth and should create value by contributing to New Zealand’s economy or by providing employment to New Zealand citizens or residents.
👉 Health and Character Requirements: As with other residence visas, applicants must meet specific health and character requirements.
👉 Permanent Residency in New Zealand: Successful applicants can live, work, and study in New Zealand indefinitely with permanent residency rights.
👉 Opportunities for Business Growth: Entrepreneurs can continue developing their business or explore new ventures in New Zealand, contributing to economic growth.
👉 Pathway to Citizenship: After meeting residency requirements, permanent residents can apply for New Zealand citizenship.
👉 Ensure You Meet Eligibility Requirements: Confirm that you hold an Entrepreneur Work Visa and have operated your business for at least two years in New Zealand (or six months under exceptional circumstances, with higher investment).
👉 Prepare Required Documentation: Collect all necessary documents, including:
➡️ A valid passport.
➡️ Business financial records showing performance and profitability.
➡️ Proof of investment and business ownership.
➡️ Health and character documentation, such as medical examinations and police clearances.
👉 Submit the Application: Apply online through the Immigration New Zealand website or via a licensed immigration adviser. Complete the application form for the Entrepreneur Resident Visa.
👉 Pay the Application Fee: A visa application fee is required upon submission.
👉 Await a Decision: Immigration New Zealand will review your application, assess the business’s success, and notify you of the outcome.
The Entrepreneur Resident Visa offers a fantastic opportunity for business-minded individuals who want to make a lasting impact on New Zealand’s economy, granting them the freedom to settle and expand their ventures long-term in New Zealand.