What Is the NZ Entrepreneur Work Visa?
The Entrepreneur Work Visa allows you to establish and work in your own business in New Zealand. This visa is initially granted for 12 months, provided you have NZD $100,000 to invest, a solid business plan, and 120 points on the points scale. If you successfully set up your business as planned, you can extend your visa for another 24 months, giving you a total of three years to operate your business in New Zealand. This visa also allows you to study for up to three months and enter and leave New Zealand freely.
UNLOCK YOUR POTENTIAL WITH PHOENIX BUSINESS ADVISORY.
Our expert consultants will guide you through the NZ Entrepreneur Work Visa process, ensuring a smooth transition and successful business setup in New Zealand.
Points Scale for Entrepreneur Work Visa
You need at least 120 points on the points scale. Points are awarded for:
- Age
- Business experience
- Capital investment
- Business location
- Business benefits
Required Documents
To apply for the visa, you need the following documents:
- Identity: Passport and two photos
- Health: Chest x-ray and medical examination
- Character: Police certificate (not older than six months)
- Fit and Proper Person: Declaration form
- English Proficiency: Test results or proof of English background
- Capital Investment: Proof of funds and assets
- Waiver Request (if applicable)
- Business Plan: Detailed and current
- Occupational Registration (if applicable)
- Business Setup Proof: Evidence of steps taken and capital invested
- Evaluation Participation: Signed declaration
- Family Relationship (if applicable): Marriage and birth certificates
Key Points for Business Plan
Your business plan must include:
- Industry and location
- New or existing business
- Occupational registration details (if applicable)
- Business environment and market analysis
- Financial projections
- Proof of funds
- Business track record
- Evidence supporting business claims
- Business experience relevant to the proposed business
If purchasing an existing business, include:
- Business value and profitability evidence
- Number of employees
- Benefits to New Zealand
Including Family Members
You can include your partner and dependent children (under 24) in your Entrepreneur Work Visa application, provided they meet health, character, and identity requirements.
