As we have already learnt that an applicant of New Zealand resident visa under the entrepreneur Plus Category must transfer an investment amount of 0.5 million NZ Dollars to the country. Below are some of the obligations attached to the condition of transfer of investment capital:
- The principal applicant under the Entrepreneur Plus Category must provide the immigration official with the evidence against the transfer of the investment capital of 0.5 million NZ Dollars.
- The evidence must support that the transfer of the capital has been done through banking system from the principal applicant’s bank account to the Kiwi country.
- The evidence of the transfer of the amount may include telegraphic transfer forms. However, this does not mean that the immigration officials would be satisfied with the forms, they may ask for more evidentiary documents to support the transfer.
- Borrowed capital can also be considered for the transfer of the investment capital, however, the principal applicant must be able to exhibit that he owns net assets which is equivalent to the value of the required investment amount.
- Investment capital borrowed from a commercial lending institute or bank is only accepted for the investment capital. The borrowed capital must be secured against the assets equivalent to the investment capital the principal applicant owns.
If you are interested in applying for a residence permit to New Zealand, mail following information ASAP at [email protected] for a free 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.