No.
Substantial investment means the purchase of 25 per cent or more of the shareholding of a business.
Self-employment means your lawful active involvement in the management and operation of a business in New Zealand which you (the principal applicant) have established or purchased, or in which you have made a substantial investment. Self-employment does not include involvement of a passive or speculative nature.
Full-time employment is considered to be at least 30 hours of work per week.
We require people to have a reasonable standard of English to ensure they have the best opportunity to settle successfully into work and life in New Zealand.
To meet our English language requirements you must:
We may still require you to provide an IELTS certificate to confirm you meet our English language requirements.
To meet our English language requirements, partners and dependent children aged 16 or more included in your application must meet the same requirements as the principal applicant (see above).
However, if your partner and/or dependent children do not yet meet the minimum standard of English, they can pre-purchase ESOL tuition in New Zealand. You purchase this tuition from us, on behalf of New Zealand’s Tertiary Education Commission. The resident visa will only be granted once you have paid the tuition charge. Payment of this tuition charge is not due until your application is approved.
For every person included in the application you must provide:
You must show that everyone included in the application meets our health requirements by submitting a completed medical and chest x-ray certificate.
You must show that everyone included in the application who is aged 17 or more meets our character requirements by providing police certificates from their country or countries of citizenship, and all countries they have lived in for 12 months or more in the last 10 years. This includes countries where the stay has been broken by short departures. See information on how to get a police certificate.
If your partner is applying on your application form too, you need to show that you have been living together in a genuine and stable relationship for at least 12 months.
Evidence you live together might include original or certified copies of documents showing shared accommodation - such as joint ownership of residential property, joint tenancy agreement, or correspondence (including postmarked envelopes) addressed to both you and your partner at the same address.
All documents submitted to prove that you have established a business in New Zealand must be produced by a reliable independent agency or professional (for example, a solicitor or chartered accountant).
The evidence you need to provide to show that you have established and been self-employed in a business in New Zealand may include (but is not limited to):
You should provide a range of documents over a period of at least two years.
The evidence you need to provide to show that your business is benefiting New Zealand could include:
Evidence that your business meets New Zealand employment and immigration lawYou will need to have documents that show us you meet these requirements, such as documents proving you are:
We may verify your documents to check that you meet the requirements. We may also visit your business or arrange for another person to visit.
If you have submitted an application for residence under the Entrepreneur Category, and we have approved it in principle, we can grant resident visas to you and your family members included in your application when you have:
When you have met the above requirements, you and your family members included in your application will receive a resident visa.
Resident visas will be current for 12 months from the date of issue – you and your family must arrive in New Zealand within that period. If you do not arrive, your residence visa will lapse.
Once you arrive in New Zealand or, if you are already here, are issued with a resident visa, the resident visa will allow you and your family to stay in New Zealand indefinitely.
The resident visa will be granted with travel conditions valid for two years from the date you first enter New Zealand or, if you are already here, from the date of issue. The travel conditions will allow you to travel to and from New Zealand during the two-year period. You will need to meet requirements for a permanent resident visa if you would like to travel to and from New Zealand after that.
See the how to apply page.
To get further detailed information, you can:
Office and fees finder
Application for Residence in NZ under the Entrepreneur and Employee of a Relocating Business
Guide to Applying for Residence under the Entrepreneur and Employee of a Relocating Business