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Business Investor Work Visa

New ZealandStarting a business

Explore the five recorded questions, answers and sources for this pathway.

Official link

Is this for a founder, startup entrepreneur, self-employed person, freelancer, company owner or another business profile?

This route is for business investors and company owners who want to invest in and operate a business in New Zealand.

See recorded sources

What must actually exist or be demonstrated: business plan, company, innovation, clients, contracts, economic activity, job creation or other substance?

An established nominated business must be purchased: it must have been trading for at least 5 years, be lawful and currently operating in New Zealand, comply with immigration, employment and business standards, have a purchase price of at least NZD $1 million (not including property value or GST) resulting in at least 25% ownership, employ at least 5 full-time equivalent staff, and not already be owned by the applicant or any family member. A completed Business Proposal form must demonstrate this and describe the due diligence undertaken.

See recorded sources
  • https://www.immigration.govt.nz/visas/business-investor-work-visa/
    The business you invest in must: have been trading for at least 5 years be lawful and currently operating in New Zealand comply with immigration, employment and business standards have a purchase price of at least NZD $1 million (not including property value or goods and services tax (GST)) that would result in you owning at least 25% of the business employ at least 5 full-time equivalent staff not already be owned by yourself or any family member
  • https://www.immigration.govt.nz/visas/business-investor-work-visa/
    a completed Business Proposal form, demonstrating that your nominated business meets the above requirements and describing the due diligence undertaken

What investment, capital, income, revenue, funding or viability evidence is central to this pathway?

The applicant must show they can invest at least NZD $1 million in an established business under the standard pathway, or NZD $2 million under the fast-track pathway, and must have at least NZD $500,000 in reserve funds to support themselves (and family, if applicable) while running and growing the business; reserve funds must be on top of the investment. Funds or assets cannot be borrowed (except in certain circumstances) or have a loan or bond against them.

See recorded sources

What business/self-employed activity may the holder conduct? Are there important restrictions? What is the family position where clearly stated?

The visa lets the holder live and work in New Zealand, invest in and run an established business, study for up to 3 months in any 12-month period and include a partner and dependent children in the application. The holder must remain self-employed in New Zealand in the type of business named on the visa. A partner may be granted a work visa and dependent children a student or visitor visa, depending on their needs.

See recorded sources

What approval/application sequence applies, how long is the status granted, how is it renewed, and what longer-term residence direction is officially stated?

The visa is valid for up to 4 years: an Establishment stage within the first 12 months to purchase and start running the nominated business, then an Operating stage for the rest of the 4 years. One renewal of up to 2 years can be applied for if more time is needed to meet Business Investor Resident Visa requirements. With at least NZD $1 million invested in an established business, a resident visa may be available after 3 years of running it (standard pathway); with at least NZD $2 million, after 12 months (fast-track pathway).

See recorded sources

These are the answers currently recorded in the catalogue. A missing or partial answer is not an eligibility decision.

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