Self-Assessment Guide For Residence In New Zealand (Page 10 of 20) in pdf

Entrepreneur Residence Category

Employees of Relocating

Businesses Category

To apply under the Entrepreneur Residence

Category you need to:

This category aims to promote New Zealand

as a place in which to relocate businesses.

• have successfully established a business

in New Zealand

To be considered under this category the

• be self-employed in the business

owner(s) of the relocating business needs

to satisfy us that the business will:

• be healthy and of good character

• operate in New Zealand; and

• meet a minimum standard of English

• not have applied for or been granted social

• be of benefit to New Zealand; and

welfare benefits in New Zealand.

• comply with all relevant employment and

immigration law in force in New Zealand.

Each category has additional specific requirements.

New Zealand Trade and Enterprise must support

Entrepreneur Residence

the relocation of the business. We will consult with

Category (2 years)

Category (6 months)

New Zealand Trade and Enterprise to determine

You must have been

You must hold a current

its support for the relocation of the business.

lawfully working in your

Long Term Business Visa

business in New Zealand

or Entrepreneur Work Visa

To be approved under this category you need to:

for at least two years.

and have been lawfully

working in your business

• be a key employee of a business that is

in New Zealand for at least

proposing to relocate to New Zealand

six months.

• not qualify for residence under other

Your business has

You have invested at least

residence categories

significantly benefited

NZ$0.5 million into your

• be healthy and of good character, and

New Zealand and is trading

established business and

profitably.

have created a minimum

• meet a minimum standard of English.

of three full-time jobs

for New Zealand citizens

You are a key employee if the chief executive

or residents.

officer of the relocating business satisfies us

that you will be essential to the operation of the

To have successfully established a business

business in New Zealand.

in New Zealand you must have established or

purchased, or made a substantial investment

If your application is approved, we will send

(a minimum of 25 per cent of the shareholding

you a letter setting out the requirements that

of a business) in a business operating in

apply to you, your partner and children (see

New Zealand.

‘Requirements of your residence class visa’).

Under the Employees of Relocating Businesses

A business is considered to benefit New Zealand

Category, these requirements are that you:

significantly if it promotes New Zealand’s

economic growth through, for example:

• work in the business for the 24 months

following its relocation to New Zealand

• introducing new or enhancing existing

technology, management or technical skills; or

• tell us if your address changes within this

time, and

• introducing new or enhancing existing

products, services or export markets; or

• show us that you’ve met the first requirement

within three months after the initial 24-month

• creating new or significantly expanding

period has ended.

existing export markets; or

• creating new job opportunities for

Residence from Work categories

New Zealand citizens or residents; or

• revitalising an existing business.

Talent (Accredited Employers)

The business must be trading profitably on the

Residence Category

date you lodge your application or must clearly

have the potential to become profitable within

This is a residence category for people who were

the following 12 months.

granted a 30-month temporary work visa to

allow them to work for an accredited employer

in New Zealand.

10 – Self-Assessment Guide for Residence in New Zealand – April 2016

Self-Assessment Guide For Residence In New Zealand Page 10

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