New Entrepreneur Work Visa For New Zealand
New Entrepreneur Work Visa aims to attract talent and create jobs in New Zealand
The New Zealand jobs market is set to expand following the introduction of a new business visa which is aimed at encouraging migrants to set up high-quality businesses.
According to New Zealand Immigration Minister Michael Woodhouse, the new Entrepreneur Work Visa will help attract talented, well-connected business people to invest and grow in New Zealand.
He said: “The Entrepreneur Work Visa operates under a new points-based system that will result in higher quality, more productive businesses. It replaces the Long-Term Business Visa, which was attracting too many low quality applications.”
The new Visa operates on a points-based system and offers extra points for expanding or starting businesses outside of the Auckland region.
“The inclusion of regional points is designed to encourage new potential investors to settle and grow new businesses across the country, and to share the benefit of the extra jobs these businesses create,” said Mr Woodhouse.
These points will also be generated through a number of other criteria including job creation and export potential, while a minimum capital investment of $100,000 will be required.
The Immigration Minister added that the new Entrepreneur Work Visa can help support economic growth and create jobs for all New Zealanders, as it ‘significantly raises the bar’ in order to attract more innovative, export focused businesses.
For more details on this new visa and to determine if you are eligible, contact The Emigration Group today on 01244 321414.