UK approval rates for NZ LTBV
#1
BE Enthusiast
Thread Starter
Joined: Apr 2003
Location: Melbourne, Australia
Posts: 425
UK approval rates for NZ LTBV
Hi all
Just checked the latest performance stats at NZIS, looking at approvals for LTBV via NZIS Wellington, sorted for UK.
The last few month's approval ratios range from 76% to 94%, with average of 90%.
This is about 5% points worse than was happening under old policy, indicating a few people/agents have not fully adjusted to the new regime.
I suspect some will still be lodging with very small franchises and one man businesses. But there are ways to deal with that.
We can discuss some of this at Earls Court show in next few days, hope to see you there.
Kind regards
jamie Smith
Just checked the latest performance stats at NZIS, looking at approvals for LTBV via NZIS Wellington, sorted for UK.
The last few month's approval ratios range from 76% to 94%, with average of 90%.
This is about 5% points worse than was happening under old policy, indicating a few people/agents have not fully adjusted to the new regime.
I suspect some will still be lodging with very small franchises and one man businesses. But there are ways to deal with that.
We can discuss some of this at Earls Court show in next few days, hope to see you there.
Kind regards
jamie Smith
#2
Forum Regular
Joined: Jul 2002
Location: Tokyo, Japan
Posts: 207
Re: UK approval rates for NZ LTBV
Originally posted by Jamie Smith
Hi all
Just checked the latest performance stats at NZIS, looking at approvals for LTBV via NZIS Wellington, sorted for UK.
The last few month's approval ratios range from 76% to 94%, with average of 90%.
This is about 5% points worse than was happening under old policy, indicating a few people/agents have not fully adjusted to the new regime.
I suspect some will still be lodging with very small franchises and one man businesses. But there are ways to deal with that.
We can discuss some of this at Earls Court show in next few days, hope to see you there.
Kind regards
jamie Smith
Hi all
Just checked the latest performance stats at NZIS, looking at approvals for LTBV via NZIS Wellington, sorted for UK.
The last few month's approval ratios range from 76% to 94%, with average of 90%.
This is about 5% points worse than was happening under old policy, indicating a few people/agents have not fully adjusted to the new regime.
I suspect some will still be lodging with very small franchises and one man businesses. But there are ways to deal with that.
We can discuss some of this at Earls Court show in next few days, hope to see you there.
Kind regards
jamie Smith
Unfortunately I won't be able to make it to Earl's Court (living in Japan).
Cheers,
John
#3
John,
I'm sure Jamie will give you a more definitive answer but as far as I'm aware, and certainly in my own experience, LTBV's can be issued for one man businesses BUT you are expected to employ Kiwis somewhere down the line and this should be reflected in your Business Plan.
There is a thread at this link on business types and employing Kiwis on the LTBV & Business Forum.
Ben
I'm sure Jamie will give you a more definitive answer but as far as I'm aware, and certainly in my own experience, LTBV's can be issued for one man businesses BUT you are expected to employ Kiwis somewhere down the line and this should be reflected in your Business Plan.
There is a thread at this link on business types and employing Kiwis on the LTBV & Business Forum.
Ben