Sunday, September 05, 2010
   
Text Size

Entrepreneur Category

The Entrepreneur policy is divided into two categories:

1. Entrepreneur

Applicants under the Entrepreneur category are required to demonstrate that they have established a business in New Zealand which is benefiting the country and complied with all relevant employment and immigration laws. A business will be considered to benefit New Zealand if it promotes New Zealand's economic growth through:

  • the introduction of new technology or enhancing technology, management or technical skills
  • the introduction of new, or enhancing current, products or services
  • the creation of employment
  • the successful revitalization of an existing business

2. Entrepreneur Plus

This category provides a faster path to residence for applicants who can invest NZ$500,000 in their business and create at least three full-time jobs for New Zealand citizens or residents.

Applicants under both entrepreneur categories must meet minimum English language requirement (normally an IELTS (International English Language Testing System) report with overal band score of 4 or more). They must also be of good health and good character.