Business Trip

[emdark]

Hello folks I had a question in mind that I would like to share with. Me and my father are planning for a business trip to New Zealand, we would like to make an investment and my question is; Once you open up a business in New Zealand, let's say over 1,000,000 US $ does the government give you a permanent residency ? or a visa of 10 years ? Actually what kind of concession do you get from the government if you are an investor ? Thank you very much in advance

[topcat83]

Originally Posted by emdark

Hello folks I had a question in mind that I would like to share with. Me and my father are planning for a business trip to New Zealand, we would like to make an investment and my question is; Once you open up a business in New Zealand, let's say over 1,000,000 US $ does the government give you a permanent residency ? or a visa of 10 years ? Actually what kind of concession do you get from the government if you are an investor ? Thank you very much in advance

See Invest in New Zealand

[emdark]

Originally Posted by topcat83

See Invest in New Zealand

Thank you

[emdark]

Originally Posted by topcat83

See Invest in New Zealand

I have checked it, but there are 2 things that I could not understand. Do you need to know English in order to make an investment ? And do you need a 2 years experience in a specific field of business ? Because my father does not speak English so that would mean all the paperwork procedures has to go through me and the company has to be open with my name ? Also we as a family are in the textile industry, but we want to try something different and we do not have any experience in the field that we want to enter, and according to the law in the site that you gave me it says an entrepreneur needs a 2 years of experience in that business field ? Can we still open up a business and pass though all the paperwork involved ?

[topcat83]

Originally Posted by emdark

....we want to try something different and we do not have any experience in the field that we want to enter, and according to the law in the site that you gave me it says an entrepreneur needs a 2 years of experience in that business field ? Can we still open up a business and pass though all the paperwork involved ?

I think you've just answered your own question! Unless you have 2 years experience in your chosen field the answer is no!

On the language front - I'd say that even if the visa doesn't require English skills, your father would be much happier being able to communicate with people. Is there anywhere he could start learning English to a standard that he could pass the test anyway?

[emdark]

Originally Posted by topcat83

I think you've just answered your own question! Unless you have 2 years experience in your chosen field the answer is no!

On the language front - I'd say that even if the visa doesn't require English skills, your father would be much happier being able to communicate with people. Is there anywhere he could start learning English to a standard that he could pass the test anyway?

No not a chance, He is 50 years old now and he will not be interested in learning.

[topcat83]

Originally Posted by emdark

No not a chance, He is 50 years old now and he will not be interested in learning.

I am 50 years old - it is not old. I learned to ride a motor bike at 45, I scuba dive, drive a sports car, camp, and travel abroad with a phrase book so I can communicate with the locals. I am ALWAYS looking for new things to learn and new things to do. This week we went kayaking for the first time.

My husband is 60 - he has had two heart attacks and this year had a quadruple heart bypass. He rides a motorbike, and up til this second heart attack also scuba dived. He also kayked for the first time yesterday, and is looking at gliding in the New Year. He wants his epitaph to read 'I didn't die of boredom'.

You want my honest opinion? If your father wants to make a life in a new country he should be prepared to learn the language and culture of the place he is moving to.

I know that's blunt, but that's what I believe.

[emdark]

Originally Posted by topcat83

I am 50 years old - it is not old. I learned to ride a motor bike at 45, I scuba dive, drive a sports car, camp, and travel abroad with a phrase book so I can communicate with the locals. I am ALWAYS looking for new things to learn and new things to do. This week we went kayaking for the first time.

My husband is 60 - he has had two heart attacks and this year had a quadruple heart bypass. He rides a motorbike, and up til this second heart attack also scuba dived. He also kayked for the first time yesterday, and is looking at gliding in the New Year. He wants his epitaph to read 'I didn't die of boredom'.

You want my honest opinion? If your father wants to make a life in a new country he should be prepared to learn the language and culture of the place he is moving to.

I know that's blunt, but that's what I believe.

I believe the same as you and that is the way it should be and I respect your opinion. Though whether it be culture, timing or the geography that you are in there happen to be criteria's that actually limit you socially from the outside happenings.

On the other side if we get into the original topic, I have been searching the net for the stories of Foreign business people in New Zealand, like what procedures did they have to follow and what not, but couldn't find a succesfull source. This 2 year business experience is the main issue, because we were actually really looking into dairy production and butter afterwards, buying cow's and sheep's for milking. We do not have experience with the manufacturing process but the market will not be a problem which is the main thing, though I do not think that would be an excuse to the NZ government officials as they always look for the conclusion .

[NZCowboy]

You seem to be confused between two pathways to residence - entrepreneur and investor.

Investors
People wishing to invest funds in a business and live in New Zealand can apply for residence under our Investor/Investor Plus categories, or apply for a visitor visa valid for up to two years under our Temporary Retirement Category.

Entrepreneurs
Experienced business people wishing to purchase or establish a business in New Zealand can apply for a work visa under our Long Term Business Visa Category and then apply for residence under the Entrepreneur/Entrepreneur Plus categories.Investing in New Zealand

The starting point for investors is $NZ1.5million invested in NZ and another $NZ1million as settlement funds. Total $NZ2.5million

Entrepreneur Category
If you have successfully established a business in New Zealand, and you have been 'self-employed' in that business for at least two years, and your business has benefited New Zealand, you may be eligible for residence in New Zealand under the Entrepreneur Category.

The first step towards becoming a New Zealand resident under this category is usually to obtain a long term business visa in order to be able to work in your business