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New Zealand Offers Investor Work Visa Benefits for Foreigners

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Legit.ng
New Zealand Offers Investor Work Visa Benefits for Foreigners

New Zealand's Immigration Authority has outlined the benefits and conditions associated with the Investor Work Visa for foreigners. This visa allows holders to live and work in New Zealand, invest in and operate an established business, and study for up to three months within any 12-month period.

Applicants can include their partner and dependent children in the same application. The visa is valid for up to four years, divided into two stages: the Establishment Stage, lasting 12 months, during which applicants must purchase and start operating a nominated business, and the Operating Stage, covering the remaining three years, focusing on business growth.

A critical requirement within the first nine months is to provide evidence of business operation; failure to do so results in visa expiration. Investors committing NZD $1 million may qualify for residency after three years, while those investing NZD $2 million can become eligible after just 12 months, offering a faster pathway to residency.

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