Presentation on theme: "The Business Migration Branch"— Presentation transcript:
1 The Business Migration Branch BMB is located in Wellington, and processes applications received under the Business Immigration Categories.
2 Overview of the Business Immigration Categories Long Term Business Visa (LTBV) – A three-year work visa to provide sufficient time to move to New Zealand and commence your business prior to applying for New Zealand residence.Entrepreneur (Residence) – After running your business for two years you may be eligible to apply for New Zealand residence as an entrepreneur.Migrant Investment Policy – A New Zealand residence policy for business people who are looking to reside and invest in New Zealand.Employer Accreditation – New Zealand employers can apply to gain accreditation to offer employment to overseas workers.Residence from Work – If an employee has been working in New Zealand for at least two years for an accredited employer, they can apply under our Residence from Work Category.
3 Migrant Investment Policy Replaces the Active Investor Migrant Policy.Objective: “….to attract financial capital to local firms or government by providing residence to those who wish to make a significant contribution to New Zealand’s economy”.Two options for investors:Investor Plus (Investor 1 Category)Investor (Investor 2 Category).
4 Migrant Investment Policy Investor Plus (Investor 1 Category) High value investors investing a minimum of NZ$10 million.Standard health & character requirements.Rules for source of funds and investment vehicles that can be chosen.No cap on number of applications.Similar to the Global Investor Category but lower amount and time for investment.
5 Migrant Investment Policy Investor (Investor 2 Category) Lower-level investors: minimum of NZ$1.5 million.Standard health & character requirements.Points-based system for selection.Longer period of investment.Limited to 300 application per year.Like General (Active) Investor, but more attractive.
8 Work On Hand Category On Hand Investor 29 Entrepreneur 74 Talent – Residence from Work120Total Residence223LTBV (includes Interim, Recon, Change of business, Balance of 3 years)Accreditation90Total Temporary210
9 109-125 Willis Street Wellington BMB is on the move!From Monday, 14 September 2009 the Business Migration Branch will be located at:Level 3, Kordia HouseWillis Street WellingtonPlease note: Our postal address will remain the same:Immigration New Zealand Business Migration Branch P O Box 3705 Wellington
10 Thank you for attending the BMB workshop. You can access further information through our website: