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Entrepreneur Resident Visa

The Entrepreneur Resident Visa allows business owners and entrepreneurs who have successfully established or bought a business in New Zealand to obtain permanent residency. This visa is intended for those who have demonstrated a commitment to investing in New Zealand’s economy and creating jobs.

Who Can Apply for an Entrepreneur Resident Visa?

๐Ÿ‘‰ Business Owners in New Zealand: Applicants must have already been granted an Entrepreneur Work Visa and must have run a business in New Zealand for at least two years.

๐Ÿ‘‰ Financial Investment: A minimum capital investment may be required, showing a substantial contribution to New Zealandโ€™s economy.

๐Ÿ‘‰ Successful Business Performance: The business must be profitable or show potential for growth and should create value by contributing to New Zealandโ€™s economy or by providing employment to New Zealand citizens or residents.

๐Ÿ‘‰ Health and Character Requirements: As with other residence visas, applicants must meet specific health and character requirements.

What Does the Entrepreneur Resident Visa Offer?

๐Ÿ‘‰ Permanent Residency in New Zealand: Successful applicants can live, work, and study in New Zealand indefinitely with permanent residency rights.

๐Ÿ‘‰ Opportunities for Business Growth: Entrepreneurs can continue developing their business or explore new ventures in New Zealand, contributing to economic growth.

๐Ÿ‘‰ Pathway to Citizenship: After meeting residency requirements, permanent residents can apply for New Zealand citizenship.

How Do I Apply for an Entrepreneur Resident Visa?

๐Ÿ‘‰ Ensure You Meet Eligibility Requirements: Confirm that you hold an Entrepreneur Work Visa and have operated your business for at least two years in New Zealand (or six months under exceptional circumstances, with higher investment).

๐Ÿ‘‰ Prepare Required Documentation: Collect all necessary documents, including:

โžก๏ธ A valid passport.

โžก๏ธ Business financial records showing performance and profitability.

โžก๏ธ Proof of investment and business ownership.

โžก๏ธ Health and character documentation, such as medical examinations and police clearances.

๐Ÿ‘‰ Submit the Application: Apply online through the Immigration New Zealand website or via a licensed immigration adviser. Complete the application form for the Entrepreneur Resident Visa.

๐Ÿ‘‰ Pay the Application Fee: A visa application fee is required upon submission.

๐Ÿ‘‰ Await a Decision: Immigration New Zealand will review your application, assess the business’s success, and notify you of the outcome.

The Entrepreneur Resident Visa offers a fantastic opportunity for business-minded individuals who want to make a lasting impact on New Zealandโ€™s economy, granting them the freedom to settle and expand their ventures long-term in New Zealand.

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