Change of Business Proposal- Long Term Business Category!

We are aware of the requirement of a business plan for the proposed business to be established in New Zealand which the principal applicant has to meet while applying for a work visa under the Long Term Business Category. What we did not know is that New Zealand also allows a successful applicant to change the business proposal.

A foreign national who holds a work visa under the Long Term Business Category has the option to change his business proposal. However, this is allowed to do within the validity of his initial work visa (9-month work visa). In order to change the proposal, the visa holder must apply to a NZ business immigration expert.

Variation of conditions in a proposed business is possible if the immigration specialist is convinced with the following:

  • The visa holder has legitimate reasons to change the original proposed business; AND
  • The visa holder has a proper plan for the new business proposal; AND
  • The new proposed business demands the same or greater amount of capital investment as compared to the original business proposal; AND
  • The visa holder has adequate funds to finance the new business; AND
  • The visa holder has sufficient business experience in relation to the proposed new business.

If you are interested in applying for a residence permit to New Zealand, mail following information ASAP at [email protected] for a free immigration assessment by Ajay Sharma, principal consultant, ABHINAV.

  • Your updated resume if skilled professional, or if businessmen, then brief on business profile along with information on your current personal net worth.
  • If married, provide the resume for your spouse as well.
  • If applicable, please provide information on children and their age.
  • Information on any blood relatives residing in New Zealand. This is not a compulsory requirement to qualify for immigration to New Zealand, but serves as additional positive assessment and suitability factor.

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