How to get a visa in New Zealand? New Zealand is a country with an excellent work environment, a broad political framework, great growth opportunities and a diversified market, it is one of the most lucrative destinations to establish a business or invest in an existing one. The New Zealand government has designed special categories of business immigration visas that allow foreign entrepreneurs and investors to come to the nation and contribute significantly to the country's economy. There are mainly two types of visas that New Zealand immigration offers under the business visa category: Investor 1 Category and Investor 2 Category. Let's see in detail which one is the best New Zealand business visa for you.
New Zealand business visa
How to get a visa in New Zealand? If you want to know how to obtain a business visa, you must first know the differences between type 1 and type 2 visas: Investor Visa Plus (Investor 1 Category) It is awarded to capitalists capable of investing NZ $ 10 million in New Zealand for three years. There are no major requirements, and the investor can reside abroad if he wishes. You are only required to stay a minimum of 44 days in New Zealand in each of the last two years of the three-year investment period. Investor Visa (Investor 2 Category) This visa is for investors under 65 years of age and with at least three years of business experience who can invest NZ $ 3 million in New Zealand for four years and have additional funds of NZ $ 1 million. The candidate must be fluent in English and reside in New Zealand for at least 146 days in each of the last three years of the four-year investment period.
Advantages of obtaining an investment visa in New Zealand
These visa modalities are very popular among foreign investors as they grant innumerable advantages: • Double nationality • Your family members may be included • Does not require an interview • High quality of life • Visa-free access to 172 countries • You will be able to stay in New Zealand indefinitely (Investor Visa 2). • They will allow you to bring vehicles, boat and belongings to New Zealand free of charge. • Live, work and study in New Zealand.
New Zealand business visa requirements
To have access to any of the investor visa options, you have to meet a series of New Zealand business visa requirements listed below: Investor visa 1 New Zealand business visa checklist: • Invest NZ $ 10 million over a 3-year period. • Live in New Zealand for at least 44 days each of the last two years of the 3-year investment period or spend 88 days in New Zealand for 3 years. • Good health. • Have no criminal record. • You can include your partner and dependent children under 25 years of age. Investor visa 2 New Zealand business visa checklist: • Invest NZ $ 3 million over 4 years. • Live in New Zealand for 438 days in New Zealand for 4 years. • To have good health. • Have no criminal record. • Have a minimum of 3 years of experience in business management. • This visa is based on a point system to determine eligibility. • High level of English by the investor and the family. For these two visas, the funds to be invested must be freely available, i. e., they cannot be loaned and must be directed to investments considered acceptable, finally, the destination of this money cannot be to personal housing in the country.
Documents required for New Zealand business visaVisa Investor 1
• Fill out the New Zealand business visa application form. Create an online profile and submit it. • Submit 2 photos of good quality • Photocopy of your passport • Photocopy of your ID or resident permit card. • Proof of good health: chest X-ray and a medical examination certificate.A clear business plan with satisfactory evidence demonstrates the sure success of the company in the NZ. • A clean recent history of bankruptcies, fraud, and business failures. • Transfer the funds to New Zealand and make the investment; this must be done within 12 months (you need the proof). • Approval by New Zealand Immigration of the application in principle of the visa. If there is extra information that Immigration needs, it will let you know by mail. • Granting of the residence visa by New Zealand Immigration. Visa Investor 2 This visa can only be requested from the New Zealand authorities after presenting yourself through a preliminary application in which a minimum score of 20 points is obtained (points system), these points are awarded taking into account the professional experience in business of the investor, amount of money to invest, the level of English, age and destination of the investment to be made. The documents required for New Zealand business visa investor 2 are: • Fill out the New Zealand business visa application form. Create an online profile and submit it. • Submit 2 photos of good quality. • Submit an Expression of Interest to New Zealand Immigration. • Photocopy of your passport • Photocopy of your ID or resident permit card. • Proof of good health: chest X-ray and a medical examination certificate. • Apply for the residence and send it along with the necessary documents if you have enough points (point system). • A clear business plan with satisfactory evidence that demonstrates the sure success of the company in the NZ • A clean recent history of bankruptcies, fraud, and business failures. • English language proof. It can be an IELTS certificate. • Transfer the funds to New Zealand and make the investment. This is within 12 months. • Investment funds source proof. • Granting of the residence visa in New Zealand by immigration. To obtain a New Zealand business visa is a fairly quick and simple process, as long as you make the necessary investments and comply with all the requirements and documentation requested by the country. Investor visa 2 has a particularity, and that is that only 400 applications are accepted per year. You will also need to have sufficient funds (other than the funds you plan to invest in your business) to support yourself and your partner and children for the period of time for which your visa is approved. Please, feel free to check the New Zealand visa policy at PickVisa.
New Zealand business visa processing time
The New Zealand business visa processing time for the visa investor 1 and also for the visa investor 2 can take between 10 to 60 business days each. However, this period of time can vary depending of your country of origin or residence.
New Zealand business visa cost
The New Zealand business visa cost for the visa investor 1 is 4960 NZD, and the cost for the visa investor 2 is 620 NZD. The fees can vary depending of your country of origin or residence.
How to prepare to apply for the New Zealand business visa
To apply for any of the visa options in New Zealand, it is essential to meet all the necessary requirements and documentation, except for the investor visa 2 in which you and your family must also have a good command of the English language, work experience of more than three years experience and not older than 65 years of age.
New Zealand investment visa renewal
Regarding the renewal, the duration of investment visas 1 and 2 are indefinite, on the other hand, the global impact visa after the three years of duration has elapsed, and you will be able to apply for permanent residence.
How do you start a business in New Zealand?
Before to start with the New Zealand business visa process and you are starting a business in this country or self-employed, here are some things to consider when doing business in New Zealand and protecting your investment in the future. • Make sure that the business idea is viable, and for this, it is necessary to develop a business plan. It should be short, simple and easy to understand while keeping the goals realistic and relevant to what is happening in the economy and in the industry you are thinking of entering • Choose a name for the company. You should verify (with the help of a lawyer) that the name you have in mind for your business is available, in this way, you can register your name and protect it. • Choose a business structure. There are different business structures, so you can select the best for your case. Analyze each structure with their pros and cons. Depending on the one you select, the next step is to register your company with the NZ government. Do not forget that you can always contact a local lawyer to receive advice. The most popular places in New Zealand to reside are Wellington, the capital, Queenstown, Hawke's Bay, Taranaki, Northland, Auckland and Christchurch.