Under the Business Category, the Immigration New Zealand allows people to reside in the country both temporarily and permanently. With this program the country encourages business people, entrepreneurs and investors from all over the world to establish or run business in New Zealand.

There are basically three options included in the Business Category- (1) Long Term Business Visa (LTBV); (2) Entrepreneur Visa; and (3) Investor Visa. Today, let’s have a look at the Entrepreneur Category:

The Entrepreneur category is basically aimed that attracting successful business people and encouraging them to obtain the permanent residence in New Zealand and continue their contribution to the country’s economic growth. In order to qualify for residence under Entrepreneur category, you must meet the following requirements:

• You must have run a business successfully or be lawfully self-employed in a business for a minimum period of two years in New Zealand under a different visa. You must have an active involvement in the operation and management in that business.
• You must have invested at least 25 percent in the business. In other words, it requires you to own at least 25 percent of the shareholding of the business.
• You must produce evidence that can support that your business is benefiting in New Zealand. Appropriate evidence should also support that the business is meeting the country’s employment and immigration law.
• You must prove that your partner or children have not applied for or received any assistance in the name of welfare during the days in New Zealand.
• You must meet the standard health, character and English language requirements.

Always make sure you seek the help of a professional Immigration and Visa Consultant for any issues related to obtaining visas!