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New Zealand Entrepreneur Work Visa will attract talent and create jobs

March 2014, 24
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New Zealand Entrepreneur Work Visa
Michael Woodhouse, New Zealand Immigration Minister of has said that the newly introduced business visa will encourage immigrants to set up businesses of excellence, create new jobs and contribute to the economic growth of the country.

Mr Michael Woodhouse has also said that beginning from today i.e. 24th March, 2014, the latest Entrepreneur Work Visa will help New Zealand to attract talented and highly influential business people to make an investment and develop businesses in New Zealand.

He also said that the ‘Entrepreneur Work Visa’ in New Zealand works under the latest points-based system. This would result in a business of excellence and productivity. The Long-term Business Visa, which was attracting too many applications of low quality, has now been replaced by the Entrepreneur Work Visa.

Mr. Woodhouse said that the new visa provides extra points for enlarging the existing business or starting new businesses outside the region of Auckland, which is considered as the main destination for the immigrants who are entering into New Zealand.

The incorporation of the regional points is meant to encourage the new capable investors to settle and develop new businesses across New Zealand and also to share the profit of the additional jobs that will be created by these businesses.

Points will also be provided based on other specifications, which include export potential, job creation and the capital investment of the applicants. The applicants will have to make a minimum capital investment of $100,000.

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