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Applications are now open for the Business Investor Visa, a new immigration pathway designed to attract experienced businesspeople who want to invest in and grow established businesses in New Zealand.
Immigration minister Erica Stanford says the visa aims to bring both capital and hands-on expertise into the economy.
“This visa is about bringing practical skills and capital into the economy. We want investors who will roll up their sleeves and help New Zealand businesses thrive. This visa keeps businesses strong, creates jobs for Kiwis, and brings valuable skills and experience into our communities.”
The Business Investor Visa offers two investment options:
- Invest $1 million in an existing business for a three-year work-to-residence pathway
- Invest $2 million in an existing business for a 12-month fast-track to residence
Stanford says the new settings will help support business continuity, particularly in cases where owners are looking to retire.
“We want to help keep businesses going where New Zealand business owners are looking to retire. Opening the door for overseas buyers means we can protect local jobs, while also attracting investors who can inject fresh energy and investment into small businesses that are vital to local economies.”
The new visa is part of the Government’s broader refresh of business visa categories. Stanford says the Active Investor Plus visa, introduced in April, has already attracted more than 440 applications and a potential $2.63 billion in investment.
“Attracting investment is crucial to boosting economic growth and creating more opportunities for New Zealanders.”
