BB4.10 Grant of further Entrepreneur Work Visas beyond three years

1. A further Entrepreneur Work Visa (or Renewal) may be granted beyond the initial 3 year work visa (for periods not exceeding 3 years) where a business immigration specialist is satisfied that there are valid reasons for the principal applicant needing a further Entrepreneur Work Visa to meet the requirements to apply for or be granted residence under the Entrepreneur Residence Visa Category.
2. In order to be granted a further Entrepreneur Work Visa, the application must be approved by a business immigration specialist, and the prescribed fee and immigration levy paid.
3. Further Entrepreneur Work Visas will be granted only where a business immigration specialist is satisfied that:
   1. any time in New Zealand has been spent setting up and operating the original business proposal;
   2. any change to the original business proposal was granted by a business immigration specialist in accordance with BB5; and
   3. the principal applicant intends to spend the further period in New Zealand either implementing the original business proposed or a business proposal for which a business immigration specialist has given consent; and
   4. the principal applicant has, in addition to investment capital, sufficient funds:
      • to finance their business; and
      • for their own maintenance and accommodation and that of any partner or dependent child/ren accompanying them; and
   5. the principal applicant and any partner or dependent child/ren accompanying them have not drawn on the New Zealand welfare system (see BB2.1.5(c)); and
   6. the principal applicant and any partner or dependent child/ren accompanying them meet health and character requirements for residence (see A4 and A5); and
   7. the applicant continues to meet fit and proper person requirements set out at BM1.

Note: Applicants can only be granted one further Entrepreneur Work Visa beyond the initial 3 year work visa. If they still wish to run their business beyond the period of the further (or renewed) Entrepreneur Work Visa, they will need to make a new application under the Entrepreneur Work Visa instructions, or any other applicable category, in force when they apply.

Effective 10/11/2016