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Thread: entrepreneur visa apply points

  1. #1
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    Default entrepreneur visa apply points

    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.

  2. #2
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    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."

  3. #3
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    Quote Originally Posted by ChrisMwn View Post
    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.

  4. #4
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    Quote Originally Posted by Roninov View Post
    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.

  5. #5
    Join Date
    Oct 2012
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    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

  6. #6
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    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))

  7. #7
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    Quote Originally Posted by Roninov View Post
    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!

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