Startup Residence Visa

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New Zealand

About

Requirements

Cost of Living

Expats

Talent Migration

About

If you’re an experienced businessperson willing to establish a business in New Zealand, can apply for a Startup Residence Visa
Most people start out on a Entrepreneur Work Visa, which allows you to move to New Zealand and buy or establish a business. After either six months or two years you can then apply for residence under the Entrepreneur Residence Category.
NOTE: If your business is in the science or ICT sectors, shows a high level of innovation or export potential, we may consider waiving the NZ $100,000 capital investment requirement

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Duration

12 month(s)

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Citizenship

42 Month(s)

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Fees

2270

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P. Residency

24 Month(s)

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Processing time

12 Month(s)

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COMPLEXITY

Medium

What are eligibility requirements for the Startup Residence Visa?

8 Eligibility Requirements

Applicant must have minimum capital investment of NZ$100,000, except if the business is in the science or ICT sectors (excluding working capital)
Applicant must score 120 points or more, with points awarded for factors about the likely success of the business and its value to New Zealand.
Applicant must provide a detailed business plan for the business you intend to operate in New Zealand.
Applicant must have clean recent history of bankruptcy, business failure and fraud.
Applicant must meet health, character and English language requirements.
Applicant must have either set-up or purchased at least 25% of the shareholding in New Zealand business and have been running that business for at least 6 months.
Applicant must start business within 12 months of getting visa.
Applicant must agree to take part in New Zealand occupational registration, if it is required to run Business in New Zealand.

Which documents do I need to apply for the Startup Residence Visa?

9 Document Required

Identity proof: two acceptable photos of your head and shoulders and your passport or certificate of identity
A chest x-ray and a medical examination as a proof of your good health.
Character certificate by police department of your home country (Less than 6 months old)
Confirmation from applicant on the application form stating that he/she is fit and proper person requirements.
An acceptable English language test result or evidence of an English-speaking background or evidence you're a competent user of English for other reasons.
Evidence that you own the funds and/or assets to invest may include (bank statements, title deeds, property valuations, share certificates, business ownership documents, asset valuations)
Evidence of a detailed business plan for the business you intend to operate in New Zealand.
Certified copy of your New Zealand occupational registration.
Declaration in the ‘Entrepreneur Work Visa Application’ agreeing that you’ll take part in an evaluation of the Entrepreneur Work Visa Category,

Talent Migration data for New Zealand

Talent gain & drain map of 2015-2019 data. Sourced from World Bank Digital Development Data.

Disclaimer: Visadb.io is a FREE visa database and Immigration Expert Marketplace. The information displayed in this page is not legal advice. Please speak to an Expert before applying.

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