The Entrepreneur Work Visa (INZ) allows individuals to start or buy a business in New Zealand. Applicants need NZD $100,000 to invest, a comprehensive business plan, and must score at least 120 points on a points scale. The visa is valid for up to 3 years, with an initial 12-month period for business establishment. Partners and dependent children can be included in the application. Waivers for the capital investment are possible for innovative or high-growth potential businesses in specific sectors.

Key Requirements

  • Investment: NZD $100,000
  • Business Plan: Detailed and viable
  • Points: Minimum 120 points on the points scale

Visa Details

  • Length of Stay: Up to 3 years
  • Cost: From NZD $3,920
  • Processing Time: 80% processed within 9 months

Benefits

  • Buy or set up a business in New Zealand
  • Work in your business for up to 3 years
  • Include partner and dependent children (under 19)

Important Notes

  • You can stay 12 months in the start-up stage of your visa, then another 24 months once you have shown us that you have set-up your business
  • If your business is in the science or ICT sectors, shows a high level of innovation or export potential, INZ may consider waiving the NZD $100,000 capital investment requirement.
  • INZ will not be able to grant you an Entrepreneur Work Visa if you’ve been made bankrupt or been involved in a business failure in the last 5 years, or if you have been involved in any kind of business fraud or financial wrongdoing.

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