Home » Visa Schemes » Startup Residence Visa of New-Zealand

Description

Duration

12 month(s)

Processing time

12 Month(s)

Converts to Citizenship after

42 Month(s)

PR after

24 Month(s)

Complexity

Medium

Governmental Fees

2270USD

Requirements:

Applicant must have minimum capital investment of NZ$100,000, except if the business is in the science or ICT sectors (excluding working capital) Applicant must score 120 points or more, with points awarded for factors about the likely success of the business and its value to New Zealand. Applicant must provide a detailed business plan to qualify for the business you intend to operate in New Zealand. Applicant must have clean recent history of bankruptcy, business failure and fraud. Applicant must meet health, character and English language requirements. Applicant must have either set-up or purchased at least 25% of the shareholding in New Zealand business and have been running that business for at least 6 months. Applicant must start business within 12 months of getting visa. Applicant must agree to take part in New Zealand occupational registration, if it is required to run Business in New Zealand.

Documents:

Identity proof: two acceptable photos of your head and shoulders and your passport or certificate of identity A chest x-ray and a medical examination as a proof of your good health. Character certificate by police department of your home country (Less than 6 months old) Confirmation from applicant on the application form stating that he/she is fit and proper person requirements. An acceptable English language test result or evidence of an English-speaking background or evidence you're a competent user of English for other reasons. Evidence that you own the funds and/or assets to invest may include (bank statements, title deeds, property valuations, share certificates, business ownership documents, asset valuations) Evidence of a detailed business plan for the business you intend to operate in New Zealand. Certified copy of your New Zealand occupational registration. Declaration in the ‘Entrepreneur Work Visa Application’ agreeing that you’ll take part in an evaluation of the Entrepreneur Work Visa Category,

Cost of living

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