The Entrepreneur Residence Category enables migrants to be granted residence if they have established a high growth and innovative business with export potential in New Zealand. There are two ways of qualifying for residence under the Entrepreneur Residence Category: the 2 year option and the 6 month option.
If you have successfully established or purchased a business in New Zealand, you have been self-employed in that business for at least two years, and your business has benefited New Zealand significantly, you may be eligible for residence in New Zealand under the Entrepreneur Residence Category.
This option provides a faster track to residence for applicants who have been running a high value business for at least six months. As well as meeting general health and character and English language requirements, to gain residence under this category, you must:
Principal applicants must either show an An International English Language Testing System (IELTS) test report with an overall band score of 4 or more, or provide evidence that they meet this requirement Other evidence can be considered.
Secondary applicants can either show that they have an IELTS score of 4 or have an English speaking background, or can pre-purchase English language (ESOL) tuition
You must have been operating your business for at least six months on an Entrepreneur Work Visa or LTBV
You may be granted residence (with conditions) after six months on an Entrepreneur Work Visa or LTBV. Conditions can be lifted once requirements have been met. and while holding a long term-business visa
When resident visas are granted under the 6 months option, they will be subject to conditions under section 49(1) of the Immigration Act 2009. These conditions can be removed when the applicants have been self-employed* in New Zealand for at least two years. The capital investment and the additional employments that were created must also be retained in the business for at least two years.
*Self-employment is lawful activefull-time involvement in the management and operation of a business in New Zealand which the principal applicant has established or purchased, or in which the principal applicant has made a substantial investment. Self-employment does not include involvement of a passive or speculative nature. You will need to show that your business complies with New Zealand employment and immigration law.
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Entrepreneur/ERB Residence Application