entrepreneur visa apply points

[Roninov]

Good day. I want to apply for an NZ entrepreneur visa buying a business.
First of all, I want to make sure that I can get 120 points when applying for an entrepreneur visa.
I want to ask -Is it possible, when buying a business (lets say a cafe for $ 400k) to consider $400k as an investment and get 30pts for that?
Thank you.

[ChrisMwn]

Im not sure that buying a cafe would meet the objective of this visa which is " to contribute to economic growth by enabling experienced business people to grow or establish high growth and innovative businesses with export potential in New Zealand."

[Roninov]

Im not sure that buying a cafe would meet the objective of this visa which is " to contribute to economic growth by enabling experienced business people to grow or establish high growth and innovative businesses with export potential in New Zealand."

Thank you for reply. I think that in this kind visa, export is not the only allowed task. I think I read a few cases where entrepreneurs received this visa by opening a cafe. For example this
https://www.stuff.co.nz/dominion-pos...ency-rejection
They eventually refused for residense, but as I understood because of the unprofitable cafe, but the point is that it was a cafe and a entrepreneur visa.

[ChrisMwn]

Thank you for reply. I think that in this kind visa, export is not the only allowed task. I think I read a few cases where entrepreneurs received this visa by opening a cafe. For example this
https://www.stuff.co.nz/dominion-pos...ency-rejection
They eventually refused for residense, but as I understood because of the unprofitable cafe, but the point is that it was a cafe and a entrepreneur visa.

Rules change as time goes on. INZ are clearly now only approving visas where there is a real benefit to New Zealand and in accordance with the objectives of policy, as stated. Corner dairies and cafes wont cut it any more.

[larrykiwi]

It has been very difficult to get Entrepreneur Work Visa / Residence even for export business.
However if you are setting up new Cafe or Restaurant from scratch and employ sufficient number of locals. You may still stand a chance.
https://www.nzherald.co.nz/nz/news/a...ectid=12018836

[Roninov]

Thanks for the link, but I do not understand there is good or not the end of story, let's hope it's good. And it turns out that he received an entrepreneur's visa by buying a working franchise cafe. (if my English does not fail me))

[newarrival]

Thanks for the link, but I do not understand there is good or not the end of story, let's hope it's good. And it turns out that he received an entrepreneur's visa by buying a working franchise cafe. (if my English does not fail me))

To be honest, I don't think the article is very clear about anything- definitely there doesn't seem to an outcome yet. I also can't see if he has actually got an entrepreneur 's visa, it only says that he 'intends to apply...'.

Good luck with your plans, nonetheless!